$614,900 - 2 Rean Drive Unit 512, Bayview Village
Condo for Sale in Bayview Village
- MLS Number
- C13153736
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to the coveted N.Y. Towers by Daniel, nestled in the heart of prestigious Bayview Village - where refined city living meets everyday comfort. This sun-drenched corner suite offers approximately 960 sq. ft. of thoughtfully designed living space, framed southwest views that pour natural light into every room. Step onto the open balcony and enjoy sweeping skyline vistas from the serenity. Inside, elegance and warmth blend seamlessly with engineered hardwood flooring throughout the principal rooms, freshly painted walls and ceilings, new light switches, new light fixtures. New kitchen cabinet doors, new countertops and a sleek new sink & facet. The bathrooms have been tastefully refreshed with contemporary vanities and mirrors, creating move-in-ready atmosphere.Even convenience has been carefully considered, with parking located just steps from the entrance. Residents enjoy an exceptional collection of resort-inspired amenities, including an indoor pool, jacuzzi, billiard and media rooms, party room, 24-hour concierge, security system, and ample visitor parking - all designed to elevate daily living. The all-inclusive maintenance fees cover heat, hydro, water, central air conditioning, common elements, building insurance, parking, and locker, offering true peace of mind. Perfectly positioned in one of North York's most vibrant and connected communities, this residence is just a short stroll to the subway, TTC, YMCA, library, Bayview Village Shopping Centre, boutique shops, cafés, restaurants, grocery stores, and nearby parks. With quick access to Highways 401, 404, and the DVP, commuting throughout the city is effortless. A rare opportunity to experience the perfect balance of sophistication, convenience, and lifestyle in an address that truly has it all.
Estimate your monthly payments for this property
Estimated Payment
$3,154.76/mo
Includes CMHC insurance ($17,156)
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.
2 Rean Drive Unit 512, 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
Competitive Pricing
At $683/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.
Market Position
At 26 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.
Efficient Living
At 900 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,562 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.