591 Sheppard Avenue Unit 310, Toronto C15

Price: $568,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13016832

Welcome to this stunning 1+1 bedroom suite in the prestigious Bayview Village community. Rare for a unit of this size, it features two washrooms, adding significant convenience and functionality. Thoughtfully upgraded with four Cat 6 Ethernet ports throughout, this home is ideal for high-speed connectivity, remote work, and modern smart-home needs. The open-concept layout, complemented by soaring 9-foot ceilings, creates a bright, spacious, and inviting atmosphere. Offering approximately 660 sq. ft. of interior space plus an additional 85 sq. ft. of balcony, the unit features a generously sized primary bedroom with a 4-piece ensuite and a separate den that provides excellent versatility, ideal as a private home office or occasional guest space. Residents enjoy access to premium amenities, including a fully equipped fitness centre, a golf simulator, a party room, a rooftop BBQ area, an outdoor lounge, a 24-hour concierge, and ample visitor parking. Perfectly positioned for ultimate convenience, this home is just a short 2-minute walk to the subway and within walking distance to Loblaws, Bayview Village Shopping Centre, restaurants, banks, and Rean Park. With quick access to Highway 401, commuting across the city is seamless. An excellent opportunity for first-time buyers, downsizers, or investors alike. Built in 2020, this newer building may offer added flexibility for rental increases, as it is not subject to Ontario rent control guidelines.

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New Listing
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$568,000 - 591 Sheppard Avenue Unit 310, Bayview Village

Condo for Sale in Bayview Village

New — Listed yesterday
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13016832
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this stunning 1+1 bedroom suite in the prestigious Bayview Village community. Rare for a unit of this size, it features two washrooms, adding significant convenience and functionality. Thoughtfully upgraded with four Cat 6 Ethernet ports throughout, this home is ideal for high-speed connectivity, remote work, and modern smart-home needs. The open-concept layout, complemented by soaring 9-foot ceilings, creates a bright, spacious, and inviting atmosphere. Offering approximately 660 sq. ft. of interior space plus an additional 85 sq. ft. of balcony, the unit features a generously sized primary bedroom with a 4-piece ensuite and a separate den that provides excellent versatility, ideal as a private home office or occasional guest space. Residents enjoy access to premium amenities, including a fully equipped fitness centre, a golf simulator, a party room, a rooftop BBQ area, an outdoor lounge, a 24-hour concierge, and ample visitor parking. Perfectly positioned for ultimate convenience, this home is just a short 2-minute walk to the subway and within walking distance to Loblaws, Bayview Village Shopping Centre, restaurants, banks, and Rean Park. With quick access to Highway 401, commuting across the city is seamless. An excellent opportunity for first-time buyers, downsizers, or investors alike. Built in 2020, this newer building may offer added flexibility for rental increases, as it is not subject to Ontario rent control guidelines.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,914.13/mo

Includes CMHC insurance ($15,847)

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5-yr fixed avg.

Principal: $511,200Interest: $347,193
Mortgage Amount$527,047
Total Interest$347,193
Est. Property Tax$402/mo
Total Cost$874,240

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

591 Sheppard Avenue Unit 310, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$402
Insurance (est.)-$118
Net Cash Flow+$1,290

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

Fair Market Value

At $947/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 600 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.

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 $2,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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