$399,900

For sale

#5 1 Watergarden Way, Toronto (Bayview Village) - Single Family for Sale

#5 1 Watergarden Way, Toronto (Bayview Village), Ontario, M2K2Z7

1 bed1 bath1 parking650 ft²$941/mo condo feeListed 34 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,900, it is attractively priced about 33% below the $599,000 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 50 days.

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Description

Rarely does a home offer this level of tranquility, privacy, and connection to nature in the heart of North York. Set within one of the area's most distinctive low-rise condominium residences, this beautifully appointed one-bedroom suite offers a peaceful escape from the city, surrounded by mature trees and the natural beauty of the Don River ravine. Designed by renowned architect Arthur Erickson and built by Shane Baghai, this exclusive residence features only 40 suites, creating an intimate and private atmosphere with private elevator access.The open-concept living and dining area, along with the spacious bedroom, is filled with natural light and framed by lush ravine views, creating a serene, almost treehouse-like atmosphere. Step onto your private balcony and take in the remarkable quietness, where the surrounding forest becomes part of your everyday living experience. The thoughtfully appointed suite also features a bathroom with a Jacuzzi tub, updated quartz counter for bathroom and kitchen. Residents enjoy an exceptional collection of amenities, including a forest-overlooking indoor pool, sauna, car wash, and more. An EV charger further complements the convenience and lifestyle of this unique residence. For those who value privacy, tranquility, nature, and timeless design, this is a rare opportunity to live surrounded by greenery while remaining connected to everything North York has to offer. (id:66096)

Property Details

MLS®: C13852168
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Radiant heat, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $941/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,148.47/yr

Rooms

Ground level

Kitchen: 2.31 x 3.33 meters
Dining room: 3.84 x 5.28 meters
Living room: 3.84 x 5.28 meters
Primary Bedroom: 3.66 x 2.84 meters

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Wooded area, Ravine, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$616

List price

$400K

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 1-bed single family in Toronto (Bayview Village) has been listed for 34 days, which is 16 days fresher than the city average of 50. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · BELLA LEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $399,900, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,900· $616/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$179/mo

Condo fee$941/mo

Total monthly$3,226

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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