$579,000

#1510 8 Rean Drive, Toronto (Bayview Village), Ontario, M2K3B9

For saleJust listed

Today

$529K

#1510 8 Rean Drive, Toronto (Bayview Village), Ontario, M2K3B9

2 bd2 ba1 pk650 ft²+$776/mo

Listed by TFN REALTY INC.

#405 3 Rean Drive, Toronto (Bayview Village), Ontario, M2K3C2

For saleJust listed

Today

$548K

#405 3 Rean Drive, Toronto (Bayview Village), Ontario, M2K3C2

2 bd2 ba2 pk850 ft²+$919/mo

Listed by RE/MAX CROSSROADS REALTY INC.

#510 17 Kenaston Gardens, Toronto (Bayview Village), Ontario, M2K0B9

For saleJust listed

Today

$399K

#510 17 Kenaston Gardens, Toronto (Bayview Village), Ontario, M2K0B9

2 bd1 ba1 pk650 ft²+$733/mo

Listed by ANJIA REALTY

#3517 121 McMahon Drive, Toronto (Bayview Village), Ontario, M2K0C1

For saleJust listed

Today

$699K

#3517 121 McMahon Drive, Toronto (Bayview Village), Ontario, M2K0C1

3 bd2 ba1 pk950 ft²+$810/mo

Listed by RIGHT AT HOME REALTY

Investment analysis

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$579,000

Toronto

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Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 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 11 days, fresher than the Toronto average of 49 days.

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Description

Prime Bayview Village location! Steps to Bayview Subway Station, Bayview Village Shopping Centre, restaurants, shops and everyday essentials. Highway 401 just around the corner, with easy access to Highway 404 and the DVP. An ideal location for commuters and those seeking convenience in an established neighbourhood. Part of the Daniels-built Empire Executive Townhomes, this 'Kerr' Model Garden Villa offers the comfort and accessibility of townhouse-style living, with private front and rear entrances, direct street access with ample parking, and a charming private front porch, combined with all the benefits of a full-service condominium. Residents enjoy full access to the Empire Spa and Club, featuring an indoor pool, fitness centre, sauna, games room, media rooms, party room and rooftop BBQ terrace. Functional 1-bedroom plus den layout with 9-foot ceilings, a recently renovated kitchen, and flexible space for a home office or additional living area. Includes one generously sized parking space with extended depth, plus a locker. (id:66096)

Property Details

MLS®: C14114624
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $565/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,501.43/yr
Listed: 11 days ago

Rooms

Flat

Living room: 5.31 x 3.07 meters
Dining room: 5.31 x 3.07 meters
Kitchen: 2.44 x 3.07 meters
Primary Bedroom: 3.58 x 3.05 meters
Den: 2.41 x 2.31 meters

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

Market Timing

Days on market

11d

Toronto (Bayview Village) listings, avg age

49d

Price / ft²

$891

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.

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· $891/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.)$208/mo

Condo fee$565/mo

Total monthly$3,801

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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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator

#GV113 38 Kenaston Gardens, Toronto (Bayview Village) - Single Family for Sale

Description

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Neighbourhood profile (M2K)

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