$999,999 - 37 Rainbow Creek Way, Bayview Village
Condo for Sale in Bayview Village
63 days on market- MLS Number
- C12995508
- Property Type
- Condo
- Status
- active
- Days on Site
- 63
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- None
- Exposure
- East West
- Balcony
- Juliette
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
**Top-ranked School ----- Earl Haig SS Area***Serene onto the tranquil**RAVINE VIEWS**ONE-OF-A-KIND (Approx 2765 sq.ft living area Inc lower level) ----- Hidden Jewel(A Gem) ----- in the exclusive townhouse community in prestigious and highly sought-after Bayview Village. This home is perfect for families prioritizing excellent education options. This residence combines timeless elegance and functionality with spacious living space(Approx 2765 sq. ft inc lower level) ----Overlooking ravine-conservatory area), Offering comfort floor plan and ample living spaces of a detached home-like, and backing onto an exclusive & quiet ravine, feels like a cottage, giving you a private retreat. The great, living room includes an impressive floor-to-ceiling doors, overlooking open view and a wood burning fireplace. The sunlit kitchen features warm and fresh-look with newly-renovated cabinets, centre island, and stainless steel appliances, while the dining area is ideal for hosting of memorable family events and guest gatherings. Soaring vaulted ceilings on the 2nd floor, the loft-like primary bedroom showcases a cathedral ceiling, a juliette balcony, and ravine views, indulge in two separate ensuite bathrooms, one with a tub, the other a shower, providing both privacy and comfort. Two additional bedrooms feature closets and cathedral ceilings. The walk-out lower level features a washroom, spacious laundry area, and a cozy family room with a fireplace, mini wet bar that opens onto the private large sundeck, surrounded by open views and greenery for your morning coffee or relaxation of end of the day. Just steps to the TTC, quick access to Hwy 401/404, Old Cummer Go station, Seneca College, Fairview Mall, and ravine, trails, parks and wonderful Bayview Village shoppings, dining restaurant-A fantastic combination of local convenience, minimal exterior maintenance, stylish and elegant living with nature-views-A MUST SEE UNIT-You don't want to miss this!!!
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
37 Rainbow Creek Way, 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 $364/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 63 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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.