$529,000

For saleJust listed

#1510 8 Rean Drive, Toronto (Bayview Village) - Single Family for Sale

#1510 8 Rean Drive, Toronto (Bayview Village), Ontario, M2K3B9

2 beds2 baths1 parking650 ft²$776/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $529,000, it is attractively priced about 12% below the $599,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 49 days.

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Description

Welcome to 1510 - 8 Rean Drive in the heart of Bayview Village! This recently renovated suite offers a bright, functional layout with a versatile den that can be used as another bedroom, home office, or guest room. Enjoy unobstructed views from the private balcony, creating a peaceful outdoor retreat and filling the suite with natural light.The updated interior provides a move-in-ready opportunity, ideal for first-time buyers, professionals, downsizers, or investors. Residents enjoy exceptional building amenities, including an indoor pool, fitness centre, sauna, party room, media room, library, virtual golf, guest suites, 24-hour concierge, and free recreational classes.A major advantage of this building is that all utilities are included in the monthly maintenance fees, offering excellent value and worry-free living. Located steps from Bayview Village Shopping Centre, Bayview Subway Station, parks, restaurants, grocery stores, and major highways, this is convenient city living in one of North York's most desirable communities. A must-see! (id:66096)

Property Details

MLS®: C14147758
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $776/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,440.05/yr
Listed: Today

Rooms

Flat

Living room: 5.95 x 3.5 meters
Dining room: 5.95 x 3.5 meters
Kitchen: 2.45 x 2.45 meters
Primary Bedroom: 3.06 x 3.06 meters
Den: 2.71 x 2.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Bayview Village) listings, avg age

49d

Price / ft²

$814

List price

$529K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Bayview Village) has been listed for 0 days, which is 49 days fresher than the city average of 49. Act while there is still low competition.

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Listed by TFN REALTY INC. · ELEONORA MAZUR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $529,000, about 6.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $83,000
Population: 25,377
Median age: 40.4
Owner / renter: 56% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M2K)

$529,000· $814/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Property tax (est.)$203/mo

Condo fee$776/mo

Total monthly$3,758

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$14,110

Est. closing costs$4,087

Total cash needed$46,097

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