$898,000 - 3181 Bayview Avenue Unit 215, Bayview Village
Condo for Sale in Bayview Village
35 days on marketNeighbourhood: Bayview Woods-Steeles
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- MLS Number
- C13734990
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Taxes (2026)
- $4,197
- Maintenance Fees
- $1,340/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Bright, Spacious & Beautifully Updated! Welcome to this impressive 2-bedroom + Den, 2-bathroom suite at prestigious Palace Gate, 3181 Bayview Ave. Offering an expansive open-concept layout with large windows and an abundance of natural light, this beautifully updated residence combines generous living space with modern comfort and effortless entertaining.The spacious primary bedroom features a walk-in closet, additional closet space and a private ensuite. The generously sized second bedroom offers excellent natural light and ample closet space. Enjoy a stylishly updated kitchen with built-in appliances, modern finishes and LED lighting throughout.A truly exceptional feature is the large balcony with three separate walkouts from the kitchen, living room and primary bedroom, creating a seamless indoor-outdoor connection and an ideal space for morning coffee, relaxing or entertaining.Includes two parking spaces and one locker. An increasingly rare combination that adds exceptional convenience and value.
Estimate your monthly payments for this property
Estimated Payment
$4,607.21/mo
Includes CMHC insurance ($25,054)
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 Woods-Steeles
Bayview Woods-Steeles 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 Woods-Steeles
- •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 Woods-Steeles 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.
3181 Bayview Avenue Unit 215, 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 $641/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 35 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 $1340/month fees should cover building insurance, common elements, and reserve contributions.
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 Woods-Steeles
I know Bayview Woods-Steeles 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 $3,742 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.