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    Opus and Omega on the Park Condos
    by Concord Pacific

    115 McMahon Drive & 117 McMahon Drive & 113 Mcmahon Drive

    6for Sale
    16for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    36
    Number of Units:
    740
    Condo Completion:
    2019
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 2,400 SQFT
    Unit Availability:
    High
    Property Management:
    Crossbridge Condominium Services Ltd.

    Listing History for Opus and Omega on the Park Condos

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Concierge
    Party Room
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Everything You Need to Know About 115 McMahon Drive

    If you’re looking for a North York condo for sale, then Opus and Omega on the Park Condos is a great choice. Standing 36 storeys tall at 115 McMahon Drive, this development provides residents with an excellent starting point to explore the Bayview Village neighbourhood. The property is comprised of 740 units, ranging in size from 400 to 2400 square feet.

    Price of condos at 115 McMahon Drive

    According to sales data from the past 12 months, the average condo price ranges from $500,000 for a studio, all the way up to $1,250,000 for a 3 bedroom plus den. Rental prices can span anywhere from $1,700 to $4,600 a month.

    On average, units sell 0.31% above the list price, and have a medium chance of receiving multiple offers (aka a “bidding war”). Meanwhile, rental units are $3.78 per square foot.

    Units in this complex are among the most expensive in the area with an average cost per-square-foot of $980. They typically sell with 24 days on market on average.

    How many condos have sold and rented at 115 McMahon Drive?

    Over the past 12 months, 49 units have sold and 146 have been rented here.

    There are currently 9 suites on the market for sale, and 4 for rent. On average, a condo will sell in 15 days and rent in 12, meaning this condo is in high demand.

    The Suites

    The suites here are versatile, offering a wide range of sizes. Units contain anywhere from one bedroom to three bedrooms plus a den, with floor plans spanning between 400 and 2,400 square feet.

    The interiors are not only modern, but also spacious at the same time. That’s probably thanks to open-concept layouts, allowing the kitchen and living areas to flow seamlessly from one to the other. In many of the suites, you’ll find built-in appliances, marble backsplashes and quartz countertops. The bathrooms have a spa-like feel, with some of them featuring rain showerheads and oversized vanities.

    What amenities does Opus and Omega on the Park Condos offer?

    Many of the amenities that condo residents have come to value can be found here. These are just some of the amenities offered:

    • Concierge
    • Indoor Pool
    • Tennis Court
    • Rooftop Deck & Garden
    • Car Wash
    • Party Room

    Condo Fees

    Maintenance fees are $0.79 per-square-foot. This is lower than the neighbourhood average of $0.84 per-square-foot.

    Condo fees include heat, air conditioning, and water. But residents must pay separately for hydro.

    The Neighbourhood

    Living at 115 McMahon Drive here means there are plenty of dining options. They include J&Y Chinese Cuisine, Shatter Abbas Express, and Sunshine Spot — all within a 10-minute walk. You can also get to know Bayview Village by exploring local cafes like Lettieri Espresso Bar and Coffee Garden, just a short drive away.

    Meanwhile, grocery shopping is never a chore with stores such as Pusateri's Fine Foods and Loblaws in the area. There are a number of banks closeby, including BMO Bank of Montreal and Hana Bank Canada for all your investment needs. And for those who like to shop, Bayview Village Shopping Centre and IKEA North York are right around the corner.

    Getting some fresh air is also a breeze because excellent green spaces like Woodey Park and Talara Park are both walkable in under 7 minutes.

    For young families — this condo is a short drive from Shaughnessy Public School, Dallington Public School and Lescon Public School, offering plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Webtree Academy Private High School Toronto, Metropolitan Preparatory Academy and Brooklyn College.

    What is the walk score of 115 McMahon Drive?

    Opus and Omega on the Park Condos has a decent walk score of 54, meaning some errands can be done on foot, but many will likely require a car. The transit score is 72, making it easy to get around with public transportation. For anyone with a bike, this neighbourhood offers some cycling infrastructure, with a bike score of 53.

    What is the local real estate market like?

    North York’s Bayview Village neighbourhood has an active market for both buyers and renters. In terms of resale, the landscape is relatively balanced with properties selling within 1% below or under the asking price.

    The rental market also remains balanced with units, on average, being leased out at their asking price.

    Building Age

    Completed in 2019 by Concord Developments, this condo has been a solid addition to the Bayview Village neighbourhood.

    Transportation

    Residents here can walk 6 minutes north to catch the Sheppard Avenue bus, which will take them east to Leslie subway station, so they can get to Scarborough. Or commuters can head west to Bayview station, where they can connect to other parts of North York.

    Motorists, however, can easily drive to all areas of Toronto and the outlying suburbs, given the condo’s close proximity to Highway 401.

    Summary

    It can be very competitive to get into 115 McMahon Drive, given its convenient location and local amenities. After all, this development ranks the most expensive, compared to 33 others in the Bayview Village neighbourhood. However, if you can manage to score a unit, your efforts may be well worth it. For instance, properties here have risen in value by about 14% in the past 12 months.

    But if you’re curious about similar buildings in this area, you might want to consider 121 McMahon Dr, 72 Esther Shiner Blvd, and 780 Sheppard Ave East.

    6

    Listings For Sale

    Interested in receiving new listings for sale?

    16

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    4,807
    Average Individual Income
    $51,701
    Average Household Size
    0 persons
    Average Age
    6
    Average Household Income
    $89,690
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    61%
    Semi Detached
    17%
    Duplex
    13%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages
    Urdu
    1%
    Tamil
    5%
    English
    33%
    Gujarati
    1%
    Tagalog
    1%
    Mandarin
    8%
    Indigenous Language
    34%
    Other
    17%
    Education
    High School
    29%
    Apprenticeship
    3%
    University and Above
    24%
    College
    17%
    University Below Batchelor
    4%
    None
    21%
    Major Field of Study
    Personal, Protective & Transportation Services
    1%
    Health & Related Fields
    13%
    Architecture & Engineering
    19%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    7%
    Social Sciences
    9%
    Education
    2%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    32%

    Price Trends

    Building Trends At Opus and Omega on the Park Condos

    Days on Strata

    Units at Opus and Omega on the Park Condos spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 35 condos in the Bayview Village area

    Sold Units

    49
    Units were Sold over the past twelve months

    Rented Units

    146
    Units were Rented over the past twelve months

    Best Value Rank

    Opus and Omega on the Park Condos offers the
    ?
    best value out of 35 condos in the Bayview Village neighbourhood

    Appreciation Rank

    Opus and Omega on the Park Condos has the
    ?
    highest ROI out of 35 condos in the Bayview Village neighbourhood

    Rental Yield

    Opus and Omega on the Park Condos yields the
    ?
    highest rent prices out of 35 condos in the Bayview Village neighbourhood

    High Demand

    Opus and Omega on the Park Condos is the
    ?
    most popular building out of 35 condos in the Bayview Village neighbourhood

    Transaction Insights at 115 McMahon Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$530,000 - $570,000$540,000 - $619,000$600,000 - $740,000$690,000 - $773,800No Data$977,000 - $1,020,000$880,000 - $1,400,000
    Avg. Cost Per Sqft$1,043$1,118$1,023$934No Data$910$880
    Avg. Wait for Unit Availability114 Days52 Days27 Days31 Days228 Days103 Days222 Days
    Ratio of Units in Building5%22%37%27%2%8%3%

    Maintenance Fees

    Opus and Omega on the Park Condos vs The Bayview Village Area

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