$1,099,000 - 1 Rean Drive Unit 2701, Bayview Village
Condo for Sale in Bayview Village
Neighbourhood: Bayview Village
- MLS Number
- C13473686
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Set in pristine, prestigious Bayview Village, this breathtaking ~1,600 sq. ft. penthouse at 1 Rean Drive offers unparalleled luxury. The fully renovated, sun-drenched suite features 3 modern bathrooms and 2 bedrooms plus a large, windowed den that easily serves as a 3rd bedroom.Enjoy an open-concept layout, high ceilings, premium appliances, and stunning unobstructed West and North views, along with exclusive perks like premium parking, a locker, and a 120 sq. ft. private balcony where BBQs are permitted. The exceptionally managed building offers premium amenities and an all-inclusive maintenance fee covering hydro, gas, and water. Perfectly situated, you are steps from upscale shopping at Bayview Village Mall, subway access, and top-ranked schools. With immediate access to Highway 401, the DVP, and dozens of lush green spaces including the serene East Don Parkland trails, this rare oasis delivers the ultimate blend of city convenience and natural tranquility. RENOVATIONS: Made the kitchen openconcept(2024), Added island(2024), Changed cabinets and drawers(2024), New sink and faucet(2024), New appliances all around(2024), Added beverage cooler(2024), Upgraded light fixtures(2026), Upgraded all the bathroom vanities and sinks and faucets(2024), Changed the flooring of the two bedrooms(2024), Added tiles to the balcony(2025), Fully painted theplace(2024), Paint touch-up(2026).
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/mo
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 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
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.
1 Rean Drive Unit 2701, 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
Competitive Pricing
At $687/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 15 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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.