$535,000 - 1 Rean Drive Unit 1905, Bayview Village
Condo for Sale in Bayview Village
New — Listed 2 days ago- MLS Number
- C13223134
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- GATE REAL ESTATE INC.
Discover stylish urban living in the highly sought-after New York Towers by Daniels community, ideally situated in the heart of vibrant Bayview Village. Perfectly positioned directly across from Bayview Village Shopping Centre and just a short walk to Bayview Subway Station, this exceptional location offers unmatched convenience for everyday living.This bright and well-maintained 1-bedroom plus enclosed den suite features a functional open-concept living and dining area, complemented by a contemporary kitchen with granite countertops and stainless steel appliances. Laminate flooring extends throughout the unit, creating a clean and modern aesthetic.The spacious primary bedroom includes a private ensuite, while the fully enclosed den with its own closet offers outstanding flexibility-ideal as a second bedroom, home office, nursery, or guest space to suit today's evolving lifestyle. Additional highlights include two full bathrooms, a full-size washer and dryer, and a private balcony offering sweeping city views.Enjoy the added benefit of utilities included-heat, hydro, and water-for truly worry-free living with no additional monthly utility expenses.Move-in ready and meticulously maintained, this home presents an excellent opportunity for first-time buyers, investors, or downsizers seeking comfort, convenience, and connectivity.Residents enjoy access to an impressive array of amenities including a fully equipped fitness centre, indoor pool, sauna, party and entertainment spaces, outdoor BBQ areas, and ample visitor parking.Surrounded by parks, community services, and key conveniences including North York General Hospital, with quick access to Highways 401 and 404, this established North York neighbourhood offers a balanced and connected lifestyle in one of Toronto's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$2,744.83/mo
Includes CMHC insurance ($14,927)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hillcrest Village / Bayview Village
Hillcrest Village / Bayview Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hillcrest Village / Bayview Village
- •Convenient location in Hillcrest Village / Bayview Village
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hillcrest Village / Bayview Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Rean Drive Unit 1905, Hillcrest Village / Bayview Village
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $892/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.