$579,000

For sale

#522 27 Rean Drive, Toronto (Bayview Village) - Single Family for Sale

#522 27 Rean Drive, Toronto (Bayview Village), Ontario, M2K0A6

2 beds2 baths1 parking850 ft²$950/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $579,000 asking price sits right in line with the $599,000 median in Toronto. It has been on the market 15 days, fresher than the Toronto average of 50 days.

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Description

Show & Sell! Must See Sun-Filled & Spacious Corner Unit in Prime Location! Prestigious Boutique Building, "Merci Condos" Stylishly Designed by Daniels Corp, Reminiscent of the Inspiring Elegance of Paris, Has All Your Needs in Mind! Winning Layout with 843 sqf of Living Space, Hardwood Thru-out, High Ceilings, Large Balcony (97sqf) for Relaxing and Taking in the Fresh Open Air, Modern Kitchen with S/S Appliances & Granite Counters Combined w/ Open Concept Living & Dining, All Adjacent to Large Balcony & Picture Windows, Showering the Unit with An Abundance of Natural Light. Enjoy Panoramic Views via Wrap Around Windows in Very Generously Sized Primary Bedroom, Complete w/ Walk- In Closet & Full Ensuite Bath. Den Large & Deep Enough to Use as Additional Bedrm/Home Office. Bayview & Bessarion Subway Stns, HWY, All Shops & Amenities the Highly Sought After Delectably Chic Bayvew Village Shopping Centre Has to Offer & Much More At Your Door, Just Steps Away! Monthly Maintenance ($950.41) Conveniently Includes All The Essentials; Heat**Water**A/C**Use of Common Elements**Insurance**Secured Elevators**Concierge Services**Full Access to Luxurious Rooftop Terrace** Excercise & Party Rms**Theatre** Exclusive Locker & 1 Underground Parking Spot + Ample Visitor Parking for Your Guests** Incredible Value & Location, Do Not Miss this Excellent Opportunity to Live & Own in Bayview Village (id:66096)

Property Details

MLS®: C14099514
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $950/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,084/yr
Listed: 15 days ago

Rooms

Flat

Study: 1.86 x 0.06 meters
Kitchen: 3.96 x 4.32 meters
Dining room: 3.96 x 4.32 meters
Living room: 3.96 x 4.32 meters
Den: 2.21 x 1.85 meters
Primary Bedroom: 3.78 x 5 meters

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

Features

Flooring: Hardwood
Exterior: Brick, Stucco
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Bayview Village) listings, avg age

50d

Price / ft²

$682

List price

$579K

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 15 days, which is 35 days fresher than the city average of 50. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · LILIAN PEREZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2K)

This home lists at $579,000, about 7.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $113,099 (20% down, 25-yr amortization, stress-tested) — roughly 36% 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)

$579,000· $682/ft²

For sale

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Full Cost Breakdown

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Down Payment5.68% · $32,900

Min 5.68%50%

Mortgage payment$3,028/mo

↳ CMHC premium ($21,844 capitalized)

Property tax (est.)$257/mo

Condo fee$950/mo

Total monthly$4,235

Cash Needed to Close

Down payment (5.68%)$32,900

Land transfer tax$16,110

Est. closing costs$4,237

Total cash needed$53,247

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