MLS® listing
1 Watergarden Way 208: condo apartment for sale
$1,498,800
From the listing brokerage
This Luxurious Tranquil Low rise condominium (Shane Baghi built) surrounded by woods and water, The private elevator opens directly into Suite 208, revealing a spacious and uniquely special unit with stunning ravine views and sunshine. One of a Kind Unit fully renovated, 150 square foot balcony With Awnings and cobblestones, Huge Primary Bedroom with W/I Closet and 5pc Ensuite, The expansive Open Concept living area includes living and dining rooms, featuring a huge floor-to-ceiling window that offers breathtaking views of the lush green ravine and mature trees. Experience the serene feeling of living in a treehouse, right in the heart of the city. Beautifully designed by renowned Arthur Erickson back in 1994 with only 40 suites and majestically sits above the corner of Bayview and Finch with many ravine views. Each suite has a direct, private elevator entrance. Must See!
Facts on the listing
| Square feet | 1600-1799 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 2 |
| Garage | Underground |
| Heating | Baseboard |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $2,166 |
| Property tax | $5,118 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South West |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included, CAC Included |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Accessory Apartment, Built-In Oven, Countertop Range, Ventilation System |
| Floor | 2 |
Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS® C12951118.
About this condo apartment
1 Watergarden Way 208 is a 3 bedroom condo apartment in TRREB's Bayview Village community in Toronto, listed for sale at $1,498,800. The listing shows 2 bathrooms and 1600-1799 square feet. The style is given as apartment. The unit faces south west. It comes with 2 parking spaces, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Bayview Ave/Finch Ave E.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 1 Watergarden Way 208
At the asking price of $1,498,800, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,498,800 |
|---|---|
| Ontario land transfer tax | $26,451 |
| Toronto municipal land transfer tax | $26,451 |
| Both taxes | $52,902 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $124,880 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $2,166 a month |
|---|---|
| Property tax (2026) | $5,118 a year, about $426 a month |
| Fee and tax together | about $2,592 a month |
The listing says the maintenance fee includes heat, common elements, building insurance, water, parking, cable tv and cac. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $1,498,800, which is $948,800 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 2 parking spaces and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Bayview Village
Three Line 4 stations on Sheppard Avenue East, a recreation centre with a library and a housing market where condo apartments make up most sales.
Transit: Bayview, Bessarion and Leslie stations (Line 4), Sheppard-Yonge station (Line 1 and Line 4) to the west, 11 Bayview and 85 Sheppard East buses, Oriole GO (Richmond Hill line) near Leslie station
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $622,500 | 118 sales, average $943,563 |
| Detached | About $2,380,000 | 19 sales, average about $2,571,000 |
| Condo townhouse | About $775,000 | 15 sales, average about $778,000 |
| Condo apartment | About $535,000 | 83 sales, average about $604,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Bayview Village
Is Bayview Village a good area to buy a condo?
It has a large condo market, with 83 condo apartment sales at a median of about $535,000 from April to June 2026 (TRREB). Bayview, Bessarion and Leslie stations on Line 4 serve the Sheppard Avenue East corridor where much of that stock is.
What do detached houses cost in Bayview Village?
From April to June 2026 TRREB recorded 19 detached sales with a median of about $2,380,000 and an average of about $2,571,000. With so few sales, the figures can move noticeably from one quarter to the next.
How do you get downtown from Bayview Village by subway?
Take Line 4 from Bayview station one stop west to Sheppard-Yonge, then Line 1 south to Union station, which is 14 stops. Leslie station also connects to Oriole GO on the Richmond Hill line.
Is there a community centre and library in Bayview Village?
Yes. The Ethennonnhawahstihnen' Community Recreation Centre and Library near Bayview and Sheppard has a six-lane 25-metre pool, a double gymnasium, an indoor track and a Toronto Public Library branch.
Is there a hospital near Bayview Village?
North York General Hospital's General site is at 4001 Leslie Street, east of Bayview Avenue.
Read the Bayview Village neighbourhood guide · All Bayview Village homes for sale
Similar homes for sale in Bayview Village
$559,9001 Rean Drive 2010, Toronto, ON M2K 3C13 bedrooms · 2 bathrooms · Condo ApartmentListed by RE/MAX EXCEL REALTY LTD.. MLS® C13870868
$629,00033 Singer Court 3005, Toronto, ON M2K 0B43 bedrooms · 2 bathrooms · Condo ApartmentListed by HOMELIFE NEW WORLD REALTY INC.. MLS® C13863180
$939,00095 McMahon Drive 3703, Toronto, ON M2K 0H23 bedrooms · 3 bathrooms · Condo ApartmentListed by BAY STREET GROUP INC.. MLS® C13866118
$1,488,00025 Adra Grado Way 120, Toronto, ON M2J 0H63 bedrooms · 3 bathrooms · Condo ApartmentListed by UNION CAPITAL REALTY. MLS® C13859596
$645,00029 Singer Court 1502, Toronto, ON M2K 0B33 bedrooms · 2 bathrooms · Condo ApartmentListed by RE/MAX ATRIUM HOME REALTY. MLS® C13796302
$618,00029 Green Trail Court 215, Toronto, ON M2K 1E33 bedrooms · 2 bathrooms · Condo ApartmentListed by HOMELIFE LANDMARK REALTY INC.. MLS® C13777266
Questions about 1 Watergarden Way 208
How much is land transfer tax on 1 Watergarden Way 208?
At the asking price of $1,498,800 the Ontario tax is $26,451 and the Toronto tax is $26,451, $52,902 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1 Watergarden Way 208?
$124,880 at the asking price of $1,498,800, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1 Watergarden Way 208?
The listing shows $2,166 a month, including heat, common elements, building insurance, water, parking, cable tv and cac. Check the current fee in the status certificate.
How much is the property tax on 1 Watergarden Way 208?
The listing shows $5,118 a year for 2026, about $426 a month.
Is 1 Watergarden Way 208 priced above or below the median?
It is listed at $1,498,800. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $948,800 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 1 Watergarden Way 208?
Use the form on this page or call us. Quote MLS® C12951118. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1 Watergarden Way 208 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.