1 Watergarden Way Unit 5, Toronto C15

Price: $399,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13852168

Rarely does a home offer this level of tranquility, privacy, and connection to nature in the heart of North York. Set within one of the area's most distinctive low-rise condominium residences, this beautifully appointed one-bedroom suite offers a peaceful escape from the city, surrounded by mature trees and the natural beauty of the Don River ravine. Designed by renowned architect Arthur Erickson and built by Shane Baghai, this exclusive residence features only 40 suites, creating an intimate and private atmosphere with private elevator access.The open-concept living and dining area, along with the spacious bedroom, is filled with natural light and framed by lush ravine views, creating a serene, almost treehouse-like atmosphere. Step onto your private balcony and take in the remarkable quietness, where the surrounding forest becomes part of your everyday living experience. The thoughtfully appointed suite also features a bathroom with a Jacuzzi tub, updated quartz counter for bathroom and kitchen. Residents enjoy an exceptional collection of amenities, including a forest-overlooking indoor pool, sauna, car wash, and more. An EV charger further complements the convenience and lifestyle of this unique residence. For those who value privacy, tranquility, nature, and timeless design, this is a rare opportunity to live surrounded by greenery while remaining connected to everything North York has to offer.

1 Watergarden Way Unit 5 - Condo photo 1 of 25 in Hillcrest Village / Bayview Village, Ontario
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New Listing
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$399,900 - 1 Watergarden Way Unit 5, Bayview Village

Condo for Sale in Bayview Village

New — Listed 3 days ago

Neighbourhood: Bayview Village

1Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
C13852168
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Taxes (2026)
$2,148
Maintenance Fees
$941/mo
Locker
Exclusive
Exposure
East West
Balcony
Open
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

Rarely does a home offer this level of tranquility, privacy, and connection to nature in the heart of North York. Set within one of the area's most distinctive low-rise condominium residences, this beautifully appointed one-bedroom suite offers a peaceful escape from the city, surrounded by mature trees and the natural beauty of the Don River ravine. Designed by renowned architect Arthur Erickson and built by Shane Baghai, this exclusive residence features only 40 suites, creating an intimate and private atmosphere with private elevator access.The open-concept living and dining area, along with the spacious bedroom, is filled with natural light and framed by lush ravine views, creating a serene, almost treehouse-like atmosphere. Step onto your private balcony and take in the remarkable quietness, where the surrounding forest becomes part of your everyday living experience. The thoughtfully appointed suite also features a bathroom with a Jacuzzi tub, updated quartz counter for bathroom and kitchen. Residents enjoy an exceptional collection of amenities, including a forest-overlooking indoor pool, sauna, car wash, and more. An EV charger further complements the convenience and lifestyle of this unique residence. For those who value privacy, tranquility, nature, and timeless design, this is a rare opportunity to live surrounded by greenery while remaining connected to everything North York has to offer.

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Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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 5, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$941
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$493

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 $667/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $941/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Watergarden Way Unit 5 | $399,900 | Battaglia Team