650 Sheppard Avenue Unit 412, Toronto C15

Price: $489,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13788692

AFFORDABLE LUXURY IN THE HEART OF BAYVIEW VILLAGE! Welcome to St. Gabriel Terraces, a prestigious residence by renowned award-winning builder Shane Baghai. This rarely offered approx. 575 sq ft 1-bedroom suite delivers exceptional value for first-time buyers, downsizers and investors. Currently the lowest-priced 1-bedroom listed in the building! ***Bright, east-facing and exceptionally well maintained, this move-in-ready suite features a smart, functional layout with no wasted space, brand-new flooring, fresh paint and professional cleaning. Enjoy two walk-outs to the private balcony-one from the living room and another from the principal bedroom-plus a quiet exposure that does not directly face Sheppard Ave. ***The stylish open-concept kitchen features granite countertops, backsplash and flooring, ample cabinetry, and a new Samsung Twin Cooling Plus stainless-steel refrigerator. Brand-new Blomberg stacked washer/dryer in the oversized ensuite laundry room adds convenience and valuable storage. ***Includes 1 parking space + rare full-size private locker. Well-managed 7-storey mid-rise with only 169 suites, offering a quieter and more private living environment. Amenities include 24-hour concierge/security, gym, party room, games/billiards room, rooftop garden/terrace with BBQ area and underground visitor parking. ***Prime Bayview/Sheppard location: TTC at your doorstep, approx. 6-min walk to Bessarion Subway Station, 4-min walk to Bayview Village Shopping Centre, Pusateri's, restaurants and major retailers. Minutes to Loblaws, YMCA, IKEA, North York General Hospital, library, community centre, top schools, places of worship and Hwy 401/404/407. Similar units have recently rented for approx. $2,400-$2,500/month. ***A rare opportunity to own affordable luxury in one of North York's most sought-after communities. Live luxury, quiet & convenience-HERE!

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active
New Listing

$489,000 - 650 Sheppard Avenue Unit 412, Bayview Village

Condo for Sale in Bayview Village

New — Listed yesterday

Neighbourhood: Bayview Village

1Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
C13788692
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Exclusive
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

AFFORDABLE LUXURY IN THE HEART OF BAYVIEW VILLAGE! Welcome to St. Gabriel Terraces, a prestigious residence by renowned award-winning builder Shane Baghai. This rarely offered approx. 575 sq ft 1-bedroom suite delivers exceptional value for first-time buyers, downsizers and investors. Currently the lowest-priced 1-bedroom listed in the building! ***Bright, east-facing and exceptionally well maintained, this move-in-ready suite features a smart, functional layout with no wasted space, brand-new flooring, fresh paint and professional cleaning. Enjoy two walk-outs to the private balcony-one from the living room and another from the principal bedroom-plus a quiet exposure that does not directly face Sheppard Ave. ***The stylish open-concept kitchen features granite countertops, backsplash and flooring, ample cabinetry, and a new Samsung Twin Cooling Plus stainless-steel refrigerator. Brand-new Blomberg stacked washer/dryer in the oversized ensuite laundry room adds convenience and valuable storage. ***Includes 1 parking space + rare full-size private locker. Well-managed 7-storey mid-rise with only 169 suites, offering a quieter and more private living environment. Amenities include 24-hour concierge/security, gym, party room, games/billiards room, rooftop garden/terrace with BBQ area and underground visitor parking. ***Prime Bayview/Sheppard location: TTC at your doorstep, approx. 6-min walk to Bessarion Subway Station, 4-min walk to Bayview Village Shopping Centre, Pusateri's, restaurants and major retailers. Minutes to Loblaws, YMCA, IKEA, North York General Hospital, library, community centre, top schools, places of worship and Hwy 401/404/407. Similar units have recently rented for approx. $2,400-$2,500/month. ***A rare opportunity to own affordable luxury in one of North York's most sought-after communities. Live luxury, quiet & convenience-HERE!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,508.82/mo

Includes CMHC insurance ($13,643)

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5%10%50%

5-yr fixed avg.

Principal: $440,100Interest: $298,904
Mortgage Amount$453,743
Total Interest$298,904
Est. Property Tax$346/mo
Total Cost$752,647

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: Bayview Village

Discover Bayview 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 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

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

650 Sheppard Avenue Unit 412, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,027

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

Fair Market Value

At $978/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 500 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.

About Bayview Village

I know Bayview Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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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    650 Sheppard Avenue Unit 412 | $489,000 | Battaglia Team