$1,399,000 - 48 Marowyne Drive, Bayview Village
Detached for Sale in Bayview Village
64 days on market- MLS Number
- C12988926
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Listing Brokerage
- LANDPOWER REAL ESTATE LTD.
Don't miss this open concept updated single car garage bungalow, nestled in the sought-after Oriole Gate community. Situated on a generous pie shaped quiet cul-de-sac lot, the property boasts an extensive backyard perfect for relaxing, entertaining or family playtime. Inside, you'll find a bright and spacious open Kitchen, Living and Dining layout. Formal family room looking over backyard/patio. Lovingly cared and renovated for over the years, this home offers comfort, functionality and room for growing family. Convenience of being just a short walk to the Sheppard subway and the Oriole GO station with scenic ravine trails nearby and of top-rated schools, including those with exceptional programs, this is a fantastic opportunity to invest in future with the growth of property value. This home has a separate side entrance to a renovated basement which has an exercise room, a recreational room, a home office and a 4pc washroom. It is also perfect for in-laws living or potential income. Super daycares, Catholic and French Immersion schools are all within walking distance. Fairview Mall, Bayview Village, shopping, restaurants, North York General Hospital are all steps away. The close proximity to the 401, Don Valley Parkway, 404 and 407 make the location an easy commute to wherever you may need to travel. Don't miss this opportunity to move into one of the most desired streets in the area. Lots of Upgraded Features for the past years by current owners
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/mo
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.
48 Marowyne Drive, 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 $933/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.
Negotiation Opportunity
At 64 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.
Detached Home Advantages
Detached homes in Bayview Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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.
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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.