$539,000

For sale

#2309 3 Rean Drive, Toronto (Bayview Village) - Single Family for Sale

#2309 3 Rean Drive, Toronto (Bayview Village), Ontario, M2K1H1

2 beds2 baths1 parking750 ft²$828/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $539,000, it is attractively priced about 10% below the $599,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 50 days.

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Description

Welcome to the Prestigious NY Towers - The Chrysler, Ideally Located in the Heart of Bayview and Sheppard! This Bright and Spacious High-Floor Suite Offers 797 Sq. Ft. of Functional Living Space, Featuring 1 Bedroom Plus Den, 2 Bathrooms, and Breathtaking Unobstructed Views. The Open-Concept Kitchen Overlooks the Living and Dining Area, While Abundant Natural Light Creates a Bright and Inviting Atmosphere Throughout. The Primary Bedroom with 3-pcs ensuite bathroom and a Walkout to a Unique Solarium, Available Only on This Floor and Above. The Den, with French Door Can Serve as a Second Bedroom or Home Office, Offering the Functionality of a 2-Bedroom Suite. Includes One Parking Space and a Standard-Sized Locker, Both Conveniently Located on P2 Near the Elevator. Easy access to TTC Subway,and Public Transit, Shopping at Bayview Village, Restaurants,Coffees shops and Everyday Amenities, With Easy Access to Major Highways. An Exceptional Opportunity for First-Time Buyers or Those Looking to Downsize Without Compromising on Space, Comfort, or Convenience. Don't Miss It! (id:66096)

Property Details

MLS®: C14093518
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $828/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,769.99/yr
Listed: 16 days ago

Rooms

Ground level

Living room: 6.38 x 2.92 meters
Dining room: 6.38 x 2.92 meters
Primary Bedroom: 3.73 x 2.92 meters
Den: 2.36 x 3.2 meters
Solarium: 2.74 x 2.92 meters
Kitchen: 3.51 x 2.33 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, Oven - Built-In
Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$719

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) has been listed for 16 days, which is 34 days fresher than the city average of 50. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · LILY NGAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $539,000, about 6.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $105,286 (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)

$539,000· $719/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,900

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,404 capitalized)

Property tax (est.)$231/mo

Condo fee$828/mo

Total monthly$3,887

Cash Needed to Close

Down payment (5.36%)$28,900

Land transfer tax$14,510

Est. closing costs$4,117

Total cash needed$47,527

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