$749,000 - 188 Fairview Mall Drive Unit 101, Bayview Village
Condo for Sale in Bayview Village
Neighbourhood: Don Valley Village
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- MLS Number
- C13762102
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Taxes (2026)
- $4,496
- Maintenance Fees
- $843/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to this spacious three-bedroom-plus-den ground-floor residence at Verde Residences, offering approximately 1,077 sq. ft. of thoughtfully designed living space plus an impressive 329 sq. ft. gated terrace. Multiple entrances provide exceptional convenience, with access from inside the building or directly through the private & spacious terrace-perfect for relaxing, entertaining and enjoying the outdoors. Soaring 10-foot ceilings, laminate flooring and a desirable southwest exposure create a bright, airy atmosphere, while floor-to-ceiling windows fill the living area, kitchen and all three bedrooms with abundant natural light. The open-concept kitchen and living room are ideal for everyday living, featuring stainless steel appliances, a ceramic backsplash and a movable centre island that doubles as a dining area. A versatile den near the entrance, complete with a double closet, is perfect for a home office or additional multipurpose space. The generous primary bedroom includes a double closet and private four-piece ensuite, while two additional bedrooms each offer double closets and floor-to-ceiling windows. A second four-piece bathroom and convenient in-suite laundry closet complete the functional layout. One owned underground parking space and one locker are included. Residents enjoy a 24-hour concierge, rooftop deck and garden, community BBQ area, yoga studio, fitness centre, games room, party and meeting room, visitor parking, bike storage and high-speed internet. Ideally situated steps from Fairview Mall, Cineplex Cinemas, Toronto Public Library and Don Mills TTC Station with connections to YRT buses, and close to greenspaces like Muirhead Park, Godstone Park, Oriole Park & Community Centre. Near schools like Woodbine Middle School, Forest Manor Public School, St. Timothy Catholic School and Georges Vanier Secondary School. With Highways 404 and 401 nearby, this outstanding location provides smooth travel throughout Toronto and across the GTA.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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 Don Valley Village
Don Valley 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 Don Valley 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
Don Valley 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.
188 Fairview Mall Drive Unit 101, 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 $749/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 28 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. The $843/month fees should cover building insurance, common elements, and reserve contributions.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Bayview Village. Good resale value as demand remains consistent.
About Don Valley Village
I know Don Valley 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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.