$538,888

For sale

#1606 1 Rean Drive, Toronto (Bayview Village) - Single Family for Sale

#1606 1 Rean Drive, Toronto (Bayview Village), Ontario, M2K3C1

2 beds2 baths1 parking$728/mo condo feeListed 92 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale. Listed at $538,888, it is attractively priced about 10% below the $599,000 median asking price in Toronto.

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Description

A MUST SEE! Best value in Bayview Village. Welcome to the prestigious Chrysler Building by Daniel Corp. at 1 Rean Drive-where luxury, convenience, and lifestyle come together. This freshly painted suite features hardwood flooring throughout, an open-concept kitchen/living/dining space, and all stainless steel appliances. The oversized den with French doors (currently used as a bedroom) offers exceptional flexibility. All utilities included in maintenance fees-a rare and valuable bonus. Enjoy premium amenities: indoor pool, sauna, fully equipped gym, games room, party room, library, boardroom, guest suites, car wash, 24-hour concierge, and ample visitor parking. Includes 1 parking space & 1 locker.Unbeatable location: walk to Bayview Subway & Bayview Village, with top dining, parks, and schools nearby. Minutes to Hwy 401, 404 & DVP. (id:66096)

Property Details

MLS®: C13644780
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $728/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,405.53/yr
Listed: 92 days ago

Rooms

Flat

Living room: 7.92 x 2.74 meters
Kitchen: 2.38 x 2.24 meters
Primary Bedroom: 3.35 x 3.04 meters
Foyer: 2.59 x 1.2 meters
Den: 2.92 x 2.45 meters
Dining room: 7.92 x 2.74 meters

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

Features

Appliances: All
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

92d

Toronto (Bayview Village) listings, avg age

50d

List price

$539K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · MURRAY GOLDKIND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $538,888, about 6.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $105,264 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$538,888

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,888.80

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,400 capitalized)

Property tax (est.)$200/mo

Condo fee$728/mo

Total monthly$3,756

Cash Needed to Close

Down payment (5.36%)$28,889

Land transfer tax$14,506

Est. closing costs$4,117

Total cash needed$47,511

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