$499,000 - 5 Old Sheppard Avenue Unit 1801, Bayview Village
Condo for Sale in Bayview Village
85 days on market- MLS Number
- C12909142
- Property Type
- Condo
- Status
- active
- Days on Site
- 85
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Ensuite
- Exposure
- East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Rarely Offered Bright & Spacious Renovated 3-Bedroom Condo Offering Appx. 1,200 Sq.Ft. in the desirable Pleasant View neighbourhood. This east-facing unit enjoys beautiful sunrise views and a functional layout ideal for families or professionals. Recently updated with an updated kitchen and bathrooms, newer flooring, pot lights throughout, and freshly painted. Large bedrooms, ensuite laundry, and a generous private balcony provide comfortable everyday living. Conveniently located just minutes to Hwy 404, 401 & 407 and within walking distance to subway and bus routes, making commuting effortless. Close to Fairview Mall, Shops at Don Mills, restaurants, parks, schools and everyday amenities. Includes 1 parking space with easy to lease a second parking spot. Enjoy outstanding building amenities including indoor pool, sauna, fitness centre, basketball court, squash & tennis courts, recreation rooms, party room, billiards, ping pong and BBQ area. Situated in a well-maintained gated community. Maintenance fees include high-speed internet, TV and all utilities (heat, hydro & water) plus full access to amenities, offering exceptional value and worry-free living.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
5 Old Sheppard Avenue Unit 1801, 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 $499/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 85 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.
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.
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.