MLS® listing
650 Sheppard Avenue E 412: condo apartment for sale
$489,000
From the listing brokerage
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!
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Fan Coil |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 4 |
| Maintenance fee | $829 |
| Property tax | $2,340 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included |
| Building amenities | Concierge, Exercise Room, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Carpet Free |
| Features | Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre |
| Floor | 4 |
Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS® C13788692.
About this condo apartment
650 Sheppard Avenue E 412 is a 1 bedroom condo apartment in TRREB's Bayview Village community in Toronto, listed for sale at $489,000. The listing shows 1 bathroom and 500-599 square feet. The style is given as apartment. The unit faces east. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Bayview And Sheppard.
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.
Building amenities on the listing: concierge, exercise room, party room/meeting room and visitor parking.
What it costs to buy 650 Sheppard Avenue E 412
At the asking price of $489,000, 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 | $489,000 |
|---|---|
| Ontario land transfer tax | $6,255 |
| Toronto municipal land transfer tax | $6,255 |
| Both taxes | $12,510 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $24,450 |
The down payment figure is the federal minimum: 5 percent of the price. 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 | $829 a month |
|---|---|
| Property tax (2026) | $2,340 a year, about $195 a month |
| Fee and tax together | about $1,024 a month |
The listing says the maintenance fee includes common elements, heat, building insurance, parking and water. 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 $489,000, which is $61,000 below 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 1 parking space 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. The listing has a virtual tour, but 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
$419,000115 McMahon Drive 2708, Toronto, ON M2K 0E31 bedroom · 1 bathroom · Condo ApartmentListed by KW Living Realty. MLS® C13805658
$415,00019 Barberry Place 204, Toronto, ON M2K 3E31 bedroom · 1 bathroom · Condo ApartmentListed by KW Living Realty. MLS® C13859820
$449,80085 McMahon Drive 911, Toronto, ON M2K 0H11 bedroom · 1 bathroom · Condo ApartmentListed by BAY STREET GROUP INC.. MLS® C13872270
$368,60017 KENASTON Gardens 418, Toronto, ON M2K 0B91 bedroom · 1 bathroom · Condo ApartmentListed by HOMELIFE/RESPONSE REALTY INC.. MLS® C13666026
$468,00017 Barberry Place 1814, Toronto, ON M2K 3E21 bedroom · 1 bathroom · Condo ApartmentListed by HARVEY KALLES REAL ESTATE LTD.. MLS® C13848042
$499,00018 Esther Shiner Boulevard 1609, Toronto, ON M2K 0J71 bedroom · 1 bathroom · Condo ApartmentListed by TIMSOLD REALTY INC.. MLS® C13625068
Questions about 650 Sheppard Avenue E 412
How much is land transfer tax on 650 Sheppard Avenue E 412?
At the asking price of $489,000 the Ontario tax is $6,255 and the Toronto tax is $6,255, $12,510 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 650 Sheppard Avenue E 412?
$24,450 at the asking price of $489,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 650 Sheppard Avenue E 412?
The listing shows $829 a month, including common elements, heat, building insurance, parking and water. Check the current fee in the status certificate.
How much is the property tax on 650 Sheppard Avenue E 412?
The listing shows $2,340 a year for 2026, about $195 a month.
Is 650 Sheppard Avenue E 412 priced above or below the median?
It is listed at $489,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $61,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 650 Sheppard Avenue E 412?
Use the form on this page or call us. Quote MLS® C13788692. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 650 Sheppard Avenue E 412 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.