$999,000 - 89 Skymark Drive Unit 511, Bayview Village
Condo for Sale in Bayview Village
64 days on market- MLS Number
- C12988618
- Property Type
- Condo
- Status
- active
- Days on Site
- 64
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- None
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY INVESTMENTS GROUP
Fully Renovated Luxury Condo | 2+Den | 2 Bath | Prime North York LocationLuxurious Tridel-built 2+1 bedroom suite with a rare oversized terrace! Welcome to this spacious, fully renovated residence in the prestigious Tridel "Skymark" complex. This bright corner unit offers a desirable northeast exposure, filling the home with natural light, and features an oversized terrace - perfect for morning coffee or entertaining.The unit boasts generously sized principal rooms, a large primary bedroom with a private ensuite, one parking space, and a versatile den/family room that can easily be converted back into a third bedroom.Thoughtfully redesigned with style and functionality in mind, this turnkey home showcases a bright open-concept layout with high-end waterproof flooring, sleek LED lighting, and elegant pot lights throughout.The designer kitchen is equipped with premium appliances and complemented by high-quality, Canadian-made faucets and finishes, offering both sophistication and durability.Relax in spa-inspired bathrooms featuring a stunning freestanding tub and modern finishes. The spacious primary suite includes a walk-in closet with ample storage, while the den provides an ideal space for a home office or guest room.Enjoy 24-hour concierge service and access to exceptional amenities, including indoor and outdoor pools, gym, racquetball and squash courts, tennis court, hot tub, saunas, billiards room, BBQ area, party room, library, and guest suites.Unbeatable location just steps to TTC, with easy access to Highway 404, Fairview Mall, schools, parks, and major shopping.Modern, bright, and move-in ready - a perfect opportunity for comfortable luxury living.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
89 Skymark Drive Unit 511, 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 $833/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.
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.
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 $4,163 (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.