$655,000 - 2885 Bayview Avenue Unit 913, Bayview Village
Condo for Sale in Bayview Village
- MLS Number
- C13220290
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Award-Winning ARC Condo | Prime Bayview Village Location Welcome to this spacious and sun filled 2 bedroom plus den residence at the award-winning ARC Condominium, a landmark building in the heart of Bayview Village. Located steps from Bayview Subway Station and Bayview Village Shopping Centre. This home offers exceptional convenience and lifestyle. Featuring 9 foot ceilings, floor to ceiling windows, and unobstructed west facing views, the unit is filled with natural light. A thoughtfully designed layout with split bedrooms ensures privacy. Spacious Dining/ Living Walks out to a private balcony a perfect spot for morning coffee or evening relaxation. The primary bedroom, positioned at the southwest corner, offers picturesque views with floor to ceiling windows and a double closet. The second Bedroom comes with a big closet. The gourmet kitchen with open concept layout and center island is designed for both living and entertaining. The Den is perfect for an office or study room. This move-in-ready suite includes two full bathrooms, one with a beautiful glass shower enclosure; parking, and a storage locker. Enjoy hotel-inspired amenities, including 24 hour concierge, grand lobby, fitness Centre, indoor pool, steam room and sauna, theatre, party and billiards rooms, guest suites, rooftop BBQ terrace, and visitor parking. Just steps to Loblaws, Starbucks, Aroma, dining, retail, YMCA, with easy access to Highway 401 and 404 / DVP. A refined urban lifestyle in one of Toronto's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,360.49/mo
Includes CMHC insurance ($18,275)
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.
2885 Bayview Avenue Unit 913, 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 $936/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 15 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 700 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 $2,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.