1 Watergarden Way Unit 208, Toronto C15

Price: $1,498,800

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: C12951118

This Luxurious Tranquil Low rise condominium (Shane Baghi built) surrounded by woods and water, The private elevator opens directly into Suite 208, revealing a spacious and uniquely special unit with stunning ravine views and sunshine. One of a Kind Unit fully renovated, 150 square foot balcony With Awnings and cobblestones, Huge Primary Bedroom with W/I Closet and 5pc Ensuite, The expansive Open Concept living area includes living and dining rooms, featuring a huge floor-to-ceiling window that offers breathtaking views of the lush green ravine and mature trees. Experience the serene feeling of living in a treehouse, right in the heart of the city. Beautifully designed by renowned Arthur Erickson back in 1994 with only 40 suites and majestically sits above the corner of Bayview and Finch with many ravine views. Each suite has a direct, private elevator entrance. Must See!

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$1,498,800 - 1 Watergarden Way Unit 208, Bayview Village

Condo for Sale in Bayview Village

96 days on market

Neighbourhood: Bayview Village

3Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
C12951118
Property Type
Condo
Status
active
Days on Site
96
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Exclusive
Exposure
South West
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

This Luxurious Tranquil Low rise condominium (Shane Baghi built) surrounded by woods and water, The private elevator opens directly into Suite 208, revealing a spacious and uniquely special unit with stunning ravine views and sunshine. One of a Kind Unit fully renovated, 150 square foot balcony With Awnings and cobblestones, Huge Primary Bedroom with W/I Closet and 5pc Ensuite, The expansive Open Concept living area includes living and dining rooms, featuring a huge floor-to-ceiling window that offers breathtaking views of the lush green ravine and mature trees. Experience the serene feeling of living in a treehouse, right in the heart of the city. Beautifully designed by renowned Arthur Erickson back in 1994 with only 40 suites and majestically sits above the corner of Bayview and Finch with many ravine views. Each suite has a direct, private elevator entrance. Must See!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,629.70/mo

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5-yr fixed avg.

Principal: $1,199,040Interest: $789,869
Mortgage Amount$1,199,040
Total Interest$789,869
Est. Property Tax$1,062/mo
Total Cost$1,988,909

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 Watergarden Way Unit 208, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$826

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

Fair Market Value

At $937/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 96 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.

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.

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 $6,245 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 Watergarden Way Unit 208 | $1,498,800 | Battaglia Team