85 Skymark Drive Unit 2102, Toronto C15

Price: $700,000

1 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13217668

Welcome to Suite 2102 at The Classics of Skymark, a well-built and meticulously maintained condominium by Tridel. There is much to appreciate about this spacious, light-filled one-bedroom, two-bathroom suite, offering 1,203 square feet of thoughtfully designed living space. You will appreciate the large foyer with closet and powder room, which creates an ideal separation of space between the condo and the rest of the building. The tastefully renovated kitchen features ample cupboard space, and counter space, making it a delight for anyone who enjoys cooking and entertaining. One of the standout features of this layout is its exceptional size. Although the kitchen, dining, and living areas are combined, each space feels distinct and well-defined. The living room is further enhanced by custom built-in cabinetry, providing both functionality and style. Of particular note are the floor-to-ceiling windows, which offer an incredible view of the downtown skyline and the CN Tower. The spacious primary bedroom features a large walk-in closet with custom cabinetry and a beautifully renovated ensuite bathroom. Residents enjoy an extensive selection of amenities, including 24-hour gatehouse and building security, a fitness centre, indoor and outdoor swimming pools, a BBQ area, tennis courts, a billiards room, a party room, and ample visitor parking. The property comes with one parking spot.

85 Skymark Drive Unit 2102 - Condo photo 1 of 41 in Hillcrest Village / Bayview Village, Ontario
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$700,000 - 85 Skymark Drive Unit 2102, Bayview Village

Condo for Sale in Bayview Village

1Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13217668
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
1
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Welcome to Suite 2102 at The Classics of Skymark, a well-built and meticulously maintained condominium by Tridel. There is much to appreciate about this spacious, light-filled one-bedroom, two-bathroom suite, offering 1,203 square feet of thoughtfully designed living space. You will appreciate the large foyer with closet and powder room, which creates an ideal separation of space between the condo and the rest of the building. The tastefully renovated kitchen features ample cupboard space, and counter space, making it a delight for anyone who enjoys cooking and entertaining. One of the standout features of this layout is its exceptional size. Although the kitchen, dining, and living areas are combined, each space feels distinct and well-defined. The living room is further enhanced by custom built-in cabinetry, providing both functionality and style. Of particular note are the floor-to-ceiling windows, which offer an incredible view of the downtown skyline and the CN Tower. The spacious primary bedroom features a large walk-in closet with custom cabinetry and a beautifully renovated ensuite bathroom. Residents enjoy an extensive selection of amenities, including 24-hour gatehouse and building security, a fitness centre, indoor and outdoor swimming pools, a BBQ area, tennis courts, a billiards room, a party room, and ample visitor parking. The property comes with one parking spot.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

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5-yr fixed avg.

Principal: $630,000Interest: $427,879
Mortgage Amount$649,530
Total Interest$427,879
Est. Property Tax$496/mo
Total Cost$1,077,409

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

85 Skymark Drive Unit 2102, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,120/mo
Range: $1,802 - $2,438
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,120
Maintenance Fees-$780
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$698

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

Competitive Pricing

At $583/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.

Market Position

At 19 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.

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 $2,917 (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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    85 Skymark Drive Unit 2102 | $700,000 | Battaglia Team