1501-121 Mcmahon Dr
Bayview Village, Toronto, Ontario M2K 0C1
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 700–799sq ft
- Per sq ft
- $787at the range’s middle
- Tax a year
- $2,6702026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1501-121 Mcmahon Dr
1501-121 Mcmahon Dr is a 1+1-bedroom, 1-bathroom condo in Bayview Village, Toronto, listed for sale at an asking price of $589,900 (MLS® C13580558).
Tango Condo Located In The Highly Sought-After North York Bayview Village Community . Bright And Spacious With Perfect Functional Layout ,Very Well Maintained 1 Br + Den Corner Unit, Overlooking Park W/ Breathtaking Unobstructed Panoramic View, 708Sqft + 92 Sqft Balcony W/Floor- To- Ceiling Windows. Den Can Be 2nd Bedroom Or Office With Large Window, Modern Kitchen W/Granite Countertop. A Huge Ensuite Storage. Elegent Amenities Including Large Size Gym, Sauna, Indoor And Outdoor Hot Tubs ,Guest Suites, Party Room, 24 Hour Concierge, Visitor Parking. Prime Location,Short Walk To 2 Subway Stations, Go Train, Ikea, Canadian Store, Starbucks, McDonalds ,Hospital, Trails , Parks And Excellent Community Center. Close To Hwy 401, 404 And Shopping Malls. One Parking Included.The Best Choice For A High-Quality Urban Lifestyle.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$818/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 53 condos with 2 bedrooms 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
- $2,670 / 2026
- MLS® number
- C13580558
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bayview Village
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+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
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, B/I Dishwasher, Range Hood, Washer/Dryer, Microwave
- Condo maint.
- $653
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.62 × 7.18 m | Laminate, Combined W/Dining, W/O To Balcony | Flat |
| Dining | 3.62 × 7.18 m | Laminate, Combined W/Living, Open Concept | Flat |
| Kitchen | 2.82 × 3.01 m | Laminate, Modern Kitchen, Granite Counter | Flat |
| Primary | 2.78 × 3.56 m | Laminate, Double Closet, Large Window | Flat |
| Den | 2.08 × 2.4 m | Laminate, Open Concept, East View | Flat |
Listing history
Buy/sell history for 1501-121 Mcmahon Dr, 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 | $589,900 | N/A | Sc | C13580558 |
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
- $117,980
- Total mortgage amount
- $471,920
- Total interest payment
- $335,680
- Total purchase cost
- $925,580
- Mortgage payment
- $2,692/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
44%Monthly carrying cost
$3,568- Rent $2,750
- Shortfall $818
Rental income opens at $2,750, the median asking rent of 53 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
- $8,273
- Toronto municipal land transfer tax
- $8,273
- Total land transfer tax
- $16,546
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,071
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 $400,000
- $2,250
- 2.0% from $400,000 to $589,900
- $3,798
- Ontario total
- $8,273
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,273.
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
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m33 test or monitoring holes 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
- 9 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 7.3 km7.3 km
- Mapped parcel: about 48,420 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 home2
- Nearest rail line: 350 m350 m
- 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 CanadaThe nearest is Vishay Precision Group Canada ULC (KELK), 1.7 km away. Only 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, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Dash Networks, 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
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check 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
By-law
See Former City of North York By-Law No. 7625What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
15 building permits cleared at this address in the City’s file.
Interior AlterationsInspection
Proposed interior alteration to combine unit 3&4. [Take-Out Restaurant (Retail - No Seating) - Issai Farm Bubble Tea Take-Out]
Issued March 31, 2026
Building Permit Related(PS)Inspection
Plumbing - Proposed interior alteration to combine unit 3&4. [Take-Out Restaurant (Retail - No Seating) - Issai Farm Bubble Tea Take-Out)
Issued March 31, 2026
Building Permit Related (DR)Cancelled
Drain - Proposed interior alteration to combine unit 3&4.
Completed March 2, 2026
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations to an existing takeout restaurant - UNIT 4, "Issai Farm Bubble Tea"Convenience address is 101 Esther Shiner Blvd.
Issued February 7, 2023
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to an existing takeout restaurant - UNIT 4, "Issai Farm Bubble Tea"Convenience address is 101 Esther Shiner Blvd.
Issued February 2, 2023
Interior AlterationsClosed
Proposal for interior alterations to an existing takeout restaurant - UNIT 4, "Issai Farm Bubble Tea"Convenience address is 101 Esther Shiner Blvd.
Issued January 20, 2023
Interior AlterationsClosed
Proposal for interior alterations for a pet shop in unit 1C.
Issued September 19, 2022
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations for a pet shop in unit 1C.
Issued September 19, 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.
1125 SHEPPARD AVE ESite planUnder Review
Site Plan Control application to permit the comprehensive redevelopment of the subject site with a mixed-use development consisting of 52 and 48-storey residential towers on a six-storey podium. A Privately-Owned Publicly Accessible Space (POPS) is proposed at the southeast corner of the site beside a landscaped mid-block connecting Sheppard Avenue East to Singer Court. The proposal includes a total of 1,238 residential units, with 81,147.12 square metres of gross floor area, including 2,881 square metres of non-residential gross floor area. A total of 414 vehicle parking spaces are proposed, including 313 for residents and 99 non-resident spaces. Two car share spaces are proposed. A total of 480 bicycle parking spaces are proposed, including 421 long term and 44 short term spaces for residents and 11 short term and 4 long term for the retail uses.
290 m away1125 SHEPPARD AVE EOfficial plan or zoning amendmentOMB Appeal
Official Plan Amendment, Zoning By-law Amendment to permit the comprehensive redevelopment of the subject site with a mixed-use development consisting of 52 and 48-storey residential towers on a six-storey podium. A Privately-Owned Publicly Accessible Space (POPS) is proposed at the southeast corner of the site beside a landscaped mid-block connecting Sheppard Avenue East to Singer Court. The proposal includes a total of 1,238 residential units, with 81,147.12 square metres of gross floor area, including 2,881 square metres of non-residential gross floor area. A total of 414 vehicle parking spaces are proposed, including 313 for residents and 99 non-resident spaces. Two car share spaces are proposed. A total of 480 bicycle parking spaces are proposed, including 421 long term and 44 short term spaces for residents and 11 short term and 4 long term for the retail uses.
290 m away75 WOODSY PARK LANESite planUnder Review
Official Plan Amendment and Zoning By-law Amendment applications to permit a 44- and 39-storey mixed use development at 1001 Sheppard Avenue East. The development proposes to incorporate an elementary school for the Toronto Catholic District School (TCDSB) into the first 2-storeys of the base building (Block 9) and a new school yard (Block 18). The proposed development would consist of 929 residential dwelling units and have a gross floor area of approximately 65,448.84 square metres, including 4,927.8 square metres for the TCDSB school, and retail space at street-level.
320 m away89 WOODSY PARK LANESite planUnder Review
Official Plan Amendment and Zoning By-law Amendment applications to permit a 44- and 39-storey mixed use development at 1001 Sheppard Avenue East. The development proposes to incorporate an elementary school for the Toronto Catholic District School (TCDSB) into the first 2-storeys of the base building (Block 9) and a new school yard (Block 18). The proposed development would consist of 929 residential dwelling units and have a gross floor area of approximately 65,448.84 square metres, including 4,927.8 square metres for the TCDSB school, and retail space at street-level.
330 m away1001 SHEPPARD AVE ESite planUnder Review
The application proposes two residential buildings at 28 storeys (west) and 36 storeys (east) with a 6-storey podium. The application proposes a residential gross floor area of 53,800 square metres, including 800 residential units. A total of 2,450 square metres of non-residential gross floor area is proposed. The project proposes a total of 453 vehicle parking spaces including 84 visitor parking spaces. The parking rate would provide 83 retail spaces on Block 7, 21 retail spaces off-site on Block 9, 264 residential on Block 7, 84 on Block 7, and 1 car-share on Block 7. The project proposes 610 bicycle parking spaces, including 480 long term and 120 short term spaces.
500 m away1001 SHEPPARD AVE EOfficial plan or zoning amendmentUnder Review
The application proposes two residential buildings at 46 storeys (west) and 49 storeys (east) with a 6-storey podium. The application proposes a residential gross floor area of 79,572.7 square metres, including 1,184 residential units. A total of 2,148.5 square metres of non-residential gross floor area is proposed. The project proposes a total of 605 vehicle parking spaces including 122 visitor parking spaces. The parking rate would provide 96 retail spaces and 1 car-share. The project proposes 947 bicycle parking spaces, including 823 long term and 108 short term spaces.
500 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
- 135
- Median asking price
- $595K
- New in 7 days
- 13
- Price cuts
- 20%
Middle half: $512K to $753K
51 in 28 days
27 listings
This home is asking 1% below the median.
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 |
|---|---|---|
| Bessarion Station | TTC subway: Line 4 Sheppard | 450 m |
| Leslie Station | TTC subway: Line 4 Sheppard | 450 m |
| Oriole GO | GO Transit train: Richmond Hill | 600 m |
| Bayview Station | TTC subway: Line 4 Sheppard | 1.2 km |
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 3.8 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 |
|---|---|---|---|
| Dunlace Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 550 m | 69%Grade 3 average |
| Elkhorn Public SchoolToronto DSB | Public · grades JK–5 | 850 m | 85%Grade 3 average |
| St Gabriel Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.6 km | 69%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 2 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 1.7 km | 77%Grade 9 math |
| York Mills Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.8 km | 81%Grade 9 math |
| Georges Vanier Secondary SchoolToronto DSB | Public · grades 9–12 | 2.4 km | 52%Grade 9 math |
| Cardinal Carter Academy for the ArtsToronto CDSB | Catholic · grades 9–12 | 3.1 km | 87%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
Similar Active Listings
Recently sold nearby
Sold prices in Bayview Village are shown to signed-in members.