2885 Bayview Avenue Unit 203, Toronto C15

Price: $389,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13123992

The highly sought after 'ARC' by The Daniels Corporation. TOTALLY RENOVATED; Flooring, Kitchen, Appliances, Light Fixtures, Paint And More! Ideally located right at Bayview Subway station and directly abutting the Bayview Village Mall - a dream location for both downtown commuters and those working from home. Minutes to the 401, and surrounded by excellent area amenities, this spacious and efficient studio model is equipped with 1 full washroom and will not disappoint whether you are an end-user or a savvy investor. Excellent building amenities in this unique and award-winning development by one of the city's most reputable builders.

2885 Bayview Avenue Unit 203 - Condo photo 1 of 23 in Hillcrest Village / Bayview Village, Ontario
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active
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$389,000 - 2885 Bayview Avenue Unit 203, Bayview Village

Condo for Sale in Bayview Village

33 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13123992
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

The highly sought after 'ARC' by The Daniels Corporation. TOTALLY RENOVATED; Flooring, Kitchen, Appliances, Light Fixtures, Paint And More! Ideally located right at Bayview Subway station and directly abutting the Bayview Village Mall - a dream location for both downtown commuters and those working from home. Minutes to the 401, and surrounded by excellent area amenities, this spacious and efficient studio model is equipped with 1 full washroom and will not disappoint whether you are an end-user or a savvy investor. Excellent building amenities in this unique and award-winning development by one of the city's most reputable builders.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,995.77/mo

Includes CMHC insurance ($10,853)

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5%10%50%

5-yr fixed avg.

Principal: $350,100Interest: $237,778
Mortgage Amount$360,953
Total Interest$237,778
Est. Property Tax$276/mo
Total Cost$598,731

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

2885 Bayview Avenue Unit 203, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,428

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

Market Position

At 33 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 0 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.

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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    2885 Bayview Avenue Unit 203 | $389,000 | Battaglia Team