$829,000 - 12 Rean Drive Unit 211, Bayview Village
Condo for Sale in Bayview Village
- MLS Number
- C13209754
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Gorgeous greenery welcomes you to this rarely available mid-rise condo with close to 1200 sf. As an expansive corner suite, it is filled with natural light. The open concept, bright kitchen is complete with a breakfast bar overlooking the spacious and gracious living and dining rooms showcasing updated hardwood flooring, crown molding, over 9' ceiling height. Efficient temperature controls throughout the suite, top of the line window coverings and a walk-out to a balcony perfect for your morning coffee or a late afternoon glass of wine with a view to Rean Park. There are two split bedrooms for maximum versatility with a large primary bedroom featuring a full walk-in closet and 3 piece ensuite. The main washroom is great for the convenience of your daytime or overnight guests located right beside the 2nd bedroom. The suite has exceptional storage and a locker just around the corner on the same floor. As well, it is conveniently located on the same floor as the condo's inviting piano lounge/party room with access to a beautifully manicured outdoor courtyard; perfect for hosting guests and family pictures. This floor also leads to Amica where owners may participate in exercise programs, aqua fit, visit the pub, dine or watch a movie. The best of all worlds! There is ample visitor parking, and the condo is just a 12-minute walk to the Toronto Public Library. Ideally located, it is also close to parks, public transit, Highway 401, Bayview Village, and places of worship. Don't miss this opportunity!
Estimate your monthly payments for this property
Estimated Payment
$4,253.20/mo
Includes CMHC insurance ($23,129)
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.
12 Rean Drive Unit 211, 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 $829/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.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $3,454 (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.