$425,000 - 1387 Bayview Avenue Unit 306, Don Mills
Condo for Sale in Don Mills
156 days on market- MLS Number
- C12764882
- Property Type
- Condo
- Status
- active
- Days on Site
- 156
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Flemingdon Park / Don Mills
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Welcome to SAHIL (Stay At Home In Leaside). Completed in 1999, this unique boutique building with only 18 units is a Life Lease (also known as a Life Tenure) for retiring seniors. Buyers must be over 60 years of age and looking for a peaceful building. Exceptional 1+1 unit, South facing with a walkout to a private terrace. Move right into this lovely unit and enjoy a quiet lifestyle surrounded by exceptional like-minded neighbours. The kitchen boasts lots of cupboard space and a large pantry. The main living area is open concept with tons of natural light throughout and access to the terrace with a view of the Leaside homes & rooftops. The laundry room is a good size and serves as a small storage room in the unit in addition to a separate locker. The primary bdrm boasts a very large double sliding door closet & a large south facing window. The den is a great at home office space or hobby room. And there's a linen closet too. The 4 PC bathroom has a walk-in shower stall separate from the tub for your convenience. The amenities include a lounge room, an outdoor patio, communal BBQ, craftroom/workshop, TV. SAHIL is a short walk to Bayview cafes, restaurants, shops and day to day services with a TTC bus stop conveniently located at the door. NOTE: Land Transfer Tax does not apply to Life Leases which is a substantial savings. Life Lease is home ownership where a corporation owns the apartment units but leases them for the lifetime of the Buyer. Buyers purchase the right to occupy the unit until they sell. Buyer pays a monthly fee (much lower than a condo) to the corporation. This unit is well below market value and is a great deal!
Estimate your monthly payments for this property
Estimated Payment
$2,180.47/mo
Includes CMHC insurance ($11,858)
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 Flemingdon Park / Don Mills
Flemingdon Park / Don Mills 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 Flemingdon Park / Don Mills
- •Convenient location in Flemingdon Park / Don Mills
- •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
Flemingdon Park / Don Mills 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.
1387 Bayview Avenue Unit 306, Flemingdon Park / Don Mills
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $607/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.
Negotiation Opportunity
At 156 days on site, this property has exceeded the typical selling timeline for Don Mills. 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.
Efficient Living
At 700 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.
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.