$519,900

For sale

#1518 2885 Bayview Avenue, Toronto (Bayview Village) - Single Family for Sale

#1518 2885 Bayview Avenue, Toronto (Bayview Village), Ontario, M2K0A3

2 beds1 bath1 parking750 ft²$607/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $519,900, it is attractively priced about 13% below the $599,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 49 days.

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Description

Expansive Southeast Views in the Heart of Bayview Village! Welcome to Suite 1518 at 2885 Bayview Avenue, offering over 700 sq. ft. of thoughtfully designed living space complemented by spectacular, unobstructed southeast-facing views. An abundance of natural light fills the suite, creating a bright and inviting atmosphere throughout. Step outside to your private outdoor patio, the perfect setting for morning coffee, evening relaxation, or simply taking in the sweeping city skyline. With comforable interior proportions and a seamless connection to the outdoors, this residence offers an exceptional balance of comfort and convenience. Ideally situated in the highly desirable Bayview Village community, just steps from Bayview Village Shopping Centre, the subway, restaurants, parks, and everyday amenities, with convenient access to Highway 401. An outstanding opportunity to enjoy elevated urban living in one of North York's most sought-after neighbourhoods. (id:66096)

Property Details

MLS®: C14032870
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $607/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,152/yr
Listed: 21 days ago

Rooms

Main level

Living room: 3.53 x 3.82 meters
Dining room: 3.53 x 1.87 meters
Kitchen: 2.62 x 3.82 meters
Bedroom: 2.65 x 3.19 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Bayview Village) listings, avg age

49d

Price / ft²

$694

List price

$520K

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 21 days, which is 28 days fresher than the city average of 49. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · AUSTIN KEITNER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $519,900, about 6.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $101,555 (20% down, 25-yr amortization, stress-tested) — roughly 22% 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)

$519,900· $694/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,990

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,716 capitalized)

Property tax (est.)$263/mo

Condo fee$607/mo

Total monthly$3,602

Cash Needed to Close

Down payment (5.19%)$26,990

Land transfer tax$13,746

Est. closing costs$4,060

Total cash needed$44,796

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