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$539,000
Toronto
#Ph 1501 2885 Bayview Avenue, Toronto (Bayview Village), Ontario, M2K0A3
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 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 12 days, fresher than the Toronto average of 50 days.
Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation. This landmark residence is nestled in the prestigious Bayview Village community. Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking. Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views,filling the space with morning light. The versatile Den can function as a home office or a second bedroom. The modern kitchen features quality cabinetry doors, Granite countertops, flowing seamlessly into the living and dining areas. Ensuite laundry (washer & dryer). This thoughtfully designed unit blends luxury and convenience. Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home. Direct stair access to Bayview Village Shopping Centre, home to Loblaws, Pusateris, Starbucks, Shoppers, LCBO, major banks, and a variety of restaurants. Surrounded by top-rated schools, parks, and green space (Bayview Village Park, Hawksbury Park, Rean Park). Close to Hwy 401/DVP, YMCA, and major hospitals. Well-managed building with low monthly fees and fantastic amenities:24/7 Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study, Billiards, Huge outdoor terrace with BBQs & seating, Ample visitor parking (surface & underground). (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 50 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (Bayview Village) has been listed for 12 days, which is 38 days fresher than the city average of 50. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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.
Source: Statistics Canada, 2021 Census (FSA M2K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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