121 Mcmahon Drive Unit 809, Toronto C15

Price: $669,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13132582

Sun-filled southwest corner suite featuring 2 bedrooms, 2 bathrooms, and a den in the highly sought-after Bayview Village community. Offering 968 sq.ft. of interior living space plus a 152 sq.ft. balcony, this bright and functional unit showcases unobstructed views and abundant natural light throughout the day, open-concept living and dining area. Two well-proportioned bedrooms, including a primary bedroom with ensuite, plus a den ideal for a home office or study. A private balcony extends the living space outdoors, offering beautiful southwest views and stunning sunsets. Recent upgrades include brand-new laminate flooring throughout, fresh paint, and new appliances, creating a modern and move-in-ready interior. Residents enjoy access to upscale amenities, including curated sculpture and artwork, outdoor hot tubs, jacuzzis, saunas, a fully equipped fitness centre, and 24-hour concierge service. A private shuttle provides convenient access to the subway and GO station, both within a short 5-minute walk. Ideally located near transit, North York General Hospital, IKEA, and Highways 401 and 404, this property offers an exceptional blend of luxury, convenience, and lifestyle in one of North York's most desirable neighbourhoods.

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$669,000 - 121 Mcmahon Drive Unit 809, Bayview Village

Condo for Sale in Bayview Village

Popular Listing
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C13132582
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Ensuite
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Sun-filled southwest corner suite featuring 2 bedrooms, 2 bathrooms, and a den in the highly sought-after Bayview Village community. Offering 968 sq.ft. of interior living space plus a 152 sq.ft. balcony, this bright and functional unit showcases unobstructed views and abundant natural light throughout the day, open-concept living and dining area. Two well-proportioned bedrooms, including a primary bedroom with ensuite, plus a den ideal for a home office or study. A private balcony extends the living space outdoors, offering beautiful southwest views and stunning sunsets. Recent upgrades include brand-new laminate flooring throughout, fresh paint, and new appliances, creating a modern and move-in-ready interior. Residents enjoy access to upscale amenities, including curated sculpture and artwork, outdoor hot tubs, jacuzzis, saunas, a fully equipped fitness centre, and 24-hour concierge service. A private shuttle provides convenient access to the subway and GO station, both within a short 5-minute walk. Ideally located near transit, North York General Hospital, IKEA, and Highways 401 and 404, this property offers an exceptional blend of luxury, convenience, and lifestyle in one of North York's most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,432.32/mo

Includes CMHC insurance ($18,665)

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5-yr fixed avg.

Principal: $602,100Interest: $408,930
Mortgage Amount$620,765
Total Interest$408,930
Est. Property Tax$474/mo
Total Cost$1,029,695

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hillcrest Village / Bayview Village

  • Convenient location in Hillcrest Village / Bayview Village
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hillcrest Village / Bayview Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

121 Mcmahon Drive Unit 809, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$474
Insurance (est.)-$139
Net Cash Flow+$1,482

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $743/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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