1 Rean Drive Unit 2010, Toronto C15

Price: $499,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13822066

Welcome to Unit 2010 at 1 Rean Drive, a rare high-floor corner unit in Bayview Village's sought-after luxury NY Tower. Boasting 1,033 sq. ft. of interior living space plus a 97 sq. ft. balcony, the popular "Manhattan" model offers unobstructed, sun-drenched southwest views of the Toronto skyline, providing the ideal canvas for your renovation vision. The versatile den features French doors and a closet, easily functioning as a quiet home office or a 3rd bedroom. The primary bedroom features a walk-in closet and a 4-piece ensuite, while the second bedroom and living room both offer direct walk-outs to the balcony. Freshly painted with laminate flooring throughout. this home has been lovingly cherished by the same owners for 19 years. Residents enjoy premium building amenities, including guest suites, a BBQ podium, sundeck, party room, ping pong room, and access to the Liberty Club featuring an indoor swimming pool, gym, fitness classes, and virtual golf.Located directly across from Bayview Village Shopping Centre, gourmet grocers, steps to the subway, and minutes to Highway 401, absolute convenience is at your doorstep. Cherished by the same owners for 19 years, this home is now ready for its next chapter. Sold in "as-is, where-is" condition, this is an exceptional opportunity for end-users and investors alike to bring their design vision and unlock maximum value. . Maintenance fees cover heat, hydro, water, building insurance, amenities, parking, and locker. Note: Some of the primary bedroom and den photos are virtually staged.

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active

$499,000 - 1 Rean Drive Unit 2010, Bayview Village

Condo for Sale in Bayview Village

Popular Listing

Neighbourhood: Bayview Village

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
C13822066
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Taxes (2026)
$3,576
Maintenance Fees
$1,095/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Welcome to Unit 2010 at 1 Rean Drive, a rare high-floor corner unit in Bayview Village's sought-after luxury NY Tower. Boasting 1,033 sq. ft. of interior living space plus a 97 sq. ft. balcony, the popular "Manhattan" model offers unobstructed, sun-drenched southwest views of the Toronto skyline, providing the ideal canvas for your renovation vision. The versatile den features French doors and a closet, easily functioning as a quiet home office or a 3rd bedroom. The primary bedroom features a walk-in closet and a 4-piece ensuite, while the second bedroom and living room both offer direct walk-outs to the balcony. Freshly painted with laminate flooring throughout. this home has been lovingly cherished by the same owners for 19 years. Residents enjoy premium building amenities, including guest suites, a BBQ podium, sundeck, party room, ping pong room, and access to the Liberty Club featuring an indoor swimming pool, gym, fitness classes, and virtual golf.Located directly across from Bayview Village Shopping Centre, gourmet grocers, steps to the subway, and minutes to Highway 401, absolute convenience is at your doorstep. Cherished by the same owners for 19 years, this home is now ready for its next chapter. Sold in "as-is, where-is" condition, this is an exceptional opportunity for end-users and investors alike to bring their design vision and unlock maximum value. . Maintenance fees cover heat, hydro, water, building insurance, amenities, parking, and locker. Note: Some of the primary bedroom and den photos are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: Bayview Village

Discover Bayview 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 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

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

1 Rean Drive Unit 2010, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$1,095
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,208

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 $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.

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. The $1095/month fees should cover building insurance, common elements, and reserve contributions.

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.

About Bayview Village

I know Bayview Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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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    1 Rean Drive Unit 2010 | $499,000 | Battaglia Team