165 Cherokee Boulevard Unit 229, Toronto C15

Price: $618,000

5 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C12955336

Spacious 3-level stacked condo townhome in a high-demand North York location, rare 5 bedrooms. Huge open balcony with clear and unobstructed views. The main floor features a bright living room with tile flooring, and a walk-out to a private balcony. The kitchen includes ceramic backsplash and tile flooring, complemented by a main floor bedroom with closet and balcony access, ideal for guests or flexible use. The second level, two additional bedrooms, each featuring laminate flooring, closets, and windows for natural light. Convenient second floor laundry with tile flooring adds everyday practicality. On the third level, offers a generously sized primary bedroom with large closet and nice clear views, along with a second bedroom. Great investment opportunity! Walking distance to Seneca College, schools, parks, TTC, bus stops, Finch, and shopping. Easy access to Highways 404 and 401 for effortless commuting.

165 Cherokee Boulevard Unit 229 - Condo photo 1 of 33 in Hillcrest Village / Bayview Village, Ontario
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$618,000 - 165 Cherokee Boulevard Unit 229, Bayview Village

Condo for Sale in Bayview Village

76 days on market
5Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C12955336
Property Type
Condo
Status
active
Days on Site
76
Bedrooms
5
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Description

Spacious 3-level stacked condo townhome in a high-demand North York location, rare 5 bedrooms. Huge open balcony with clear and unobstructed views. The main floor features a bright living room with tile flooring, and a walk-out to a private balcony. The kitchen includes ceramic backsplash and tile flooring, complemented by a main floor bedroom with closet and balcony access, ideal for guests or flexible use. The second level, two additional bedrooms, each featuring laminate flooring, closets, and windows for natural light. Convenient second floor laundry with tile flooring adds everyday practicality. On the third level, offers a generously sized primary bedroom with large closet and nice clear views, along with a second bedroom. Great investment opportunity! Walking distance to Seneca College, schools, parks, TTC, bus stops, Finch, and shopping. Easy access to Highways 404 and 401 for effortless commuting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,170.66/mo

Includes CMHC insurance ($17,242)

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5%10%50%

5-yr fixed avg.

Principal: $556,200Interest: $377,756
Mortgage Amount$573,442
Total Interest$377,756
Est. Property Tax$438/mo
Total Cost$951,198

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.

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Neighbourhood Guide: Hillcrest Village / Bayview Village

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

165 Cherokee Boulevard Unit 229, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,720/mo
Range: $3,162 - $4,278
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,720
Maintenance Fees-$780
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$2,373

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $515/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 76 days on site, this property has exceeded the typical selling timeline for Bayview Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bayview Village.

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 $2,575 (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.

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    165 Cherokee Boulevard Unit 229 | $618,000 | Battaglia Team