- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $616at the range’s middle
- Tax a year
- $2,1482026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 5-1 Watergarden Way
5-1 Watergarden Way is a 1-bedroom, 1-bathroom condo in Bayview Village, Toronto, listed for sale at an asking price of $399,900 (MLS® C13852168).
Rarely does a home offer this level of tranquility, privacy, and connection to nature in the heart of North York. Set within one of the area's most distinctive low-rise condominium residences, this beautifully appointed one-bedroom suite offers a peaceful escape from the city, surrounded by mature trees and the natural beauty of the Don River ravine. Designed by renowned architect Arthur Erickson and built by Shane Baghai, this exclusive residence features only 40 suites, creating an intimate and private atmosphere with private elevator access.The open-concept living and dining area, along with the spacious bedroom, is filled with natural light and framed by lush ravine views, creating a serene, almost treehouse-like atmosphere. Step onto your private balcony and take in the remarkable quietness, where the surrounding forest becomes part of your everyday living experience. The thoughtfully appointed suite also features a bathroom with a Jacuzzi tub, updated quartz counter for bathroom and kitchen. Residents enjoy an exceptional collection of amenities, including a forest-overlooking indoor pool, sauna, car wash, and more. An EV charger further complements the convenience and lifestyle of this unique residence. For those who value privacy, tranquility, nature, and timeless design, this is a rare opportunity to live surrounded by greenery while remaining connected to everything North York has to offer.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall36/100−$695/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 25 condos with 1 bedroom for lease in Bayview Village right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,148 / 2026
- MLS® number
- C13852168
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bayview Village
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Radiant
Additional
- Foundation
- Other
- Roof
- Other
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Condo owns the heat pump, maintenance and repairs included, **oversized locker**
- Condo maint.
- $941
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.33 × 2.31 m | Quartz Counter, Pot Lights, Stainless Steel Appl | Ground |
| Dining | 5.28 × 3.84 m | Combined W/Living, Laminate, Window Flr to Ceil | Ground |
| Living | 5.28 × 3.84 m | Combined W/Dining, Laminate, Window Flr to Ceil | Ground |
| Primary | 2.84 × 3.66 m | Window Flr to Ceil, B/I Closet, Pot Lights | Ground |
Listing history
Buy/sell history for 5-1 Watergarden Way, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $399,900 | N/A | For Sale | C13852168 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $79,980
- Total mortgage amount
- $319,920
- Total interest payment
- $227,580
- Total purchase cost
- $627,480
- Mortgage payment
- $1,825/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
50%Monthly carrying cost
$2,945- Rent $2,250
- Shortfall $695
Rental income opens at $2,250, the median asking rent of 25 comparable homes for lease in Bayview Village. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,474
- Toronto municipal land transfer tax
- $4,474
- Total land transfer tax
- $8,948
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,474
- Total for first-time buyers
- $474
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $399,900
- $2,249
- Ontario total
- $4,474
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,474.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Inside Toronto and Region Conservation Authority’s mapped regulated areaHere the area is drawn from flood hazard, crest of slope, river meander belt mapping. Work on the property, such as an addition or grading, may need a permit from Toronto and Region Conservation Authority. It does not mean the house floods.At the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 5 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 7.1 km7.1 km
- Mapped parcel: about 65,530 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rally. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- In the mapped Ravine and Natural Feature Protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RM (f24.0; a1100) (x111)By-law
569-2013Municipality
Toronto1 f24.0
Frontage: at least 24.0 m.
2 a1100
Lot area: at least 1100 m² per dwelling unit.
3 x111
Site-specific exception 111: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.80 of By-law 569-2013 · Exception 900.6.10(111)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Garage Repair/ReconstructionPermit Issued
Proposal for waterproofing and structural repairs to the parking garage and podium deck of an existing apartment building.
Issued April 29, 2022
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
10 RUDDINGTON DRSite planOMB Appeal
The proposal is to construct 29, 3-storey townhouses with 2 car garages to the existing apartment building containing 155 units.
420 m away259 FINCH AVE EOfficial plan or zoning amendmentUnder Review
Proposal for a four-storey townhouse development within eight units, with two blocks each containing four units each.
650 m away257 FINCH AVE EOfficial plan or zoning amendmentUnder Review
Proposal for a four-storey townhouse development within eight units, with two blocks each containing four units each.
670 m away630 FINCH AVE ECondominiumUnder Review
*** Draft Plan of Condominium for 206 units.
680 m away630 FINCH AVE ESite planUnder Review
Site Plan application to permit a 12-storey mixed use building with 206 residential units, 897 sqaure metres of non-residential space, and 311 vehicular parking spaces.
680 m away73 X BANSTOCK DRCondominiumUnder Review
*** Draft Plan of Condominium for 206 units.
680 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Bayview Village right now
- For sale now
- 136
- Median asking price
- $595K
- New in 7 days
- 13
- Price cuts
- 20%
Middle half: $514K to $752K
52 in 28 days
27 listings
This home is asking 33% below the median, lower than three quarters of them.
See all homes in Bayview VillageAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Old Cummer GO | GO Transit train: Richmond Hill | 1.7 km |
| Bayview Station | TTC subway: Line 4 Sheppard | 2.1 km |
| Bessarion Station | TTC subway: Line 4 Sheppard | 2.1 km |
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 2.1 km |
| Leslie Station | TTC subway: Line 4 Sheppard | 2.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Blessed Trinity Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 300 m | 53%Grade 6 average |
| Finch Public SchoolToronto DSB | Public · grades JK–5 | 500 m | 72%Grade 3 average |
| Lester B Pearson Elementary SchoolToronto DSB | Public · grades JK–8 | 800 m | 94%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph Morrow Park Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 900 m | 63%Grade 9 math |
| Brebeuf College SchoolToronto CDSB | Catholic · grades 9–12 | 2.1 km | 80%Grade 9 math |
| Earl Haig Secondary SchoolToronto DSB | Public · grades 9–12 | 2.2 km | 84%Grade 9 math |
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.7 km | 63%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Bayview Village are shown to signed-in members.