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    Tango Condos
    by Concord Adex

    121 McMahon Drive & 125-131 McMahon Drive

    2for Sale
    6for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    46
    Number of Units:
    370
    Condo Completion:
    2015
    Condo Demand:
    High
    Unit Size Range:
    370 - 2,330 SQFT
    Unit Availability:
    Medium
    Property Management:
    Brookfield Property Management

    Listing History for Tango Condos

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Concierge
    Party Room
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 121 McMahon DriveTango Condos

    The ultramodern look of the Tango Condos is nothing new for the Bayview Village neighbourhood. Glass towers have been rising steadily in this North York neighbourhood for some time now, and 121 McMahon Drive is no exception.

    Created in 2015 by Concord Adex — the same developer behind the City Place community — Tango Condos contains 370 units spread out over 46 storeys. The sleek glass tower and its accompanying cubist-inspired townhomes were designed by Page & Steele / IBI Group, with Mike Niven in charge of the interior design and landscape architecture by the Planning Partnership. This property is actually part of a 2 phase development, culminating in the completion of Tango II Condos in 2015.

    Thankfully, the architects behind 121 McMahon Dr left plenty of room for amenities, including a games room, indoor swimming pool, and theatre, as well as a gym with tai chi deck and his and hers change rooms. While some of the extras afforded to residents of the Tango Condos are commonplace, such as a concierge, underground parking with visitor spots, and guest suites, the building’s pet spa is slightly more outrageous. Residents can also choose to relax on the building’s rooftop terrace or in the ground-level courtyard, plus the property is equipped with both indoor and outdoor hot tubs.

    The Suites

    The homes at the Tango Condos range from miniscule to massive, resulting in a diverse group of neighbours living in the building. Those hoping to keep their costs down can check out the smaller Toronto condos for sale and rent at 121 McMahon, which start at around 350 square feet. Alternatively, condo seekers in need of as much space as possible will be glad to hear that the largest units cover a generous 2,300 square feet. What’s more, those looking for something resembling a house rather than a condo are also covered, thanks to the 14 townhouse units.

    As with many condos, some finishes and features stay constant throughout the building while others vary from home to home. Throughout the building, prospective residents can expect to find laminate flooring, plus thermofoil cabinetry and granite countertops in kitchens and bathrooms. Some suites, on the other hand, boast premium elements including upgraded appliances and premium cabinetry hardware.

    The Neighbourhood

    When prospective residents first roll up for a viewing at the Tango Condos, they’ll immediately notice a set of flags proudly waving outside the building. These aren’t flags expressing support for any particular country, but rather the red, orange, and blue signifies an important neighbour: IKEA. And while we don’t expect residents to redecorate on the regular, it’s still useful having a store filled with inexpensive home goods and Swedish meatballs right next door.

    Besides IKEA, residents living at 121 McMahon Dr also live within close proximity of Canadian Tire, Mountain Equipment Coop, and Bayview Village Shopping Centre. The latter is home to two grocery stores, a Pusateri’s and a Loblaws, as well as a Toronto Public Library branch.

    Transportation

    Travelling to and from the building is easy, whether residents have access to a car or not. Leslie and Bessarion subway stations are each less than a kilometer away, and from either of these passengers can take a quick ride west toward Sheppard-Yonge station to connect onto the Yonge line.

    As for drivers, the 401 can be reached in about two minutes by heading east on Esther Shiner and south along Leslie. This major highway comes in handy for residents headed east to Scarborough or the Don Valley Parkway, as well as those journeying west to Mississauga or to Pearson International Airport.

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    6

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    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 Tango Condos

    Days on Strata

    Units at Tango Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    the 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
    5.8
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 35 condos in the Bayview Village area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    49
    Units were Rented over the past twelve months

    Best Value Rank

    Tango Condos offers the
    ?
    best value out of 35 condos in the Bayview Village neighbourhood

    Appreciation Rank

    Tango Condos has the
    ?
    highest ROI out of 35 condos in the Bayview Village neighbourhood

    Rental Yield

    Tango Condos yields the
    ?
    highest rent prices out of 35 condos in the Bayview Village neighbourhood

    High Demand

    Tango Condos is the
    ?
    most popular building out of 35 condos in the Bayview Village neighbourhood

    Transaction Insights at 121 McMahon Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$555,000 - $667,888$928,000 - $930,000$850,000 - $955,000No Data$1,160,000
    Avg. Cost Per SqftNo DataNo Data$884$799$925No Data$658
    Avg. Wait for Unit Availability46 Days193 Days16 Days75 Days71 Days191 Days776 Days
    Ratio of Units in Building1%7%69%10%12%2%2%

    Maintenance Fees

    Tango Condos vs The Bayview Village Area

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