85 Skymark Drive Unit 302, Toronto C15

Price: $668,800

1 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: C12941422

Welcome to The Classic at 85 Skymark Drive in Toronto. This south facing bright and spacious unit boasts 1528 sq. ft. of living space. The primary bedroom has a walk-out to the balcony, 2 closets and a built-in wardrobe. The primary bath is a 4 piece with a spacious separate glass shower stall and deep soaker tub. The kitchen has a sliding patio door out to the balcony, a large pantry and ample space allowing for more than one chef in the kitchen plus lots of counter space for meal prep. The spacious dining room will take a large dining table so you can host family and friends. The living and dining are combined giving you an open concept layout, with many options for design and décor. The den has a walk-in closet and neutral color wall unit. In suite laundry! A 2 piece powder room is conveniently located at the entry of the unit tucked away from the living spaces. This unit comes with 2 parking spaces and a large locker. As for the building, it offers a great lifestyle. Resort style amenities, indoor and outdoor pool, tennis courts, squash and racquet ball courts, golf simulator, billiards room, gym, library, large party room no need to rent a wedding venue! 2 guest suites, visitor parking, gatehouse, security and concierge. Easy commute, TTC, schools, hospital, shopping and amenities just minutes away!

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$668,800 - 85 Skymark Drive Unit 302, Bayview Village

Condo for Sale in Bayview Village

76 days on market
1Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
C12941422
Property Type
Condo
Status
active
Days on Site
76
Bedrooms
1
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
SPECTRUM REALTY SERVICES INC.
Description

Welcome to The Classic at 85 Skymark Drive in Toronto. This south facing bright and spacious unit boasts 1528 sq. ft. of living space. The primary bedroom has a walk-out to the balcony, 2 closets and a built-in wardrobe. The primary bath is a 4 piece with a spacious separate glass shower stall and deep soaker tub. The kitchen has a sliding patio door out to the balcony, a large pantry and ample space allowing for more than one chef in the kitchen plus lots of counter space for meal prep. The spacious dining room will take a large dining table so you can host family and friends. The living and dining are combined giving you an open concept layout, with many options for design and décor. The den has a walk-in closet and neutral color wall unit. In suite laundry! A 2 piece powder room is conveniently located at the entry of the unit tucked away from the living spaces. This unit comes with 2 parking spaces and a large locker. As for the building, it offers a great lifestyle. Resort style amenities, indoor and outdoor pool, tennis courts, squash and racquet ball courts, golf simulator, billiards room, gym, library, large party room no need to rent a wedding venue! 2 guest suites, visitor parking, gatehouse, security and concierge. Easy commute, TTC, schools, hospital, shopping and amenities just minutes away!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,431.29/mo

Includes CMHC insurance ($18,660)

$
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5-yr fixed avg.

Principal: $601,920Interest: $408,808
Mortgage Amount$620,580
Total Interest$408,808
Est. Property Tax$474/mo
Total Cost$1,029,387

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 302, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$910
Property Tax (est.)-$474
Insurance (est.)-$139
Net Cash Flow+$757

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 $478/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 76 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.

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 $2,787 (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 302, Hill… — $668,800 | Battaglia Team