$941,000 - 400 Cherokee Boulevard, Bayview Village
Semi-Detached for Sale in Bayview Village
126 days on market- MLS Number
- C12801386
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 126
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Listing Brokerage
- Sotheby's International Realty Canada, Brokerage
Welcome to this bright and spacious home featuring 3 generously sized bedrooms, 2 full bathrooms, and 2 family-sized kitchens perfect for extended families or investors. The fully self-contained basement apartment includes a separate entrance, its own laundry, 2 bedrooms, and a full bath, offering excellent income potential or an ideal in-law suite.Recent updates include new flooring and full interior repaint (2022), a newly renovated kitchen, and a re-shingled roof (Oct 2022). The property also boasts a lot width wider than most homes in the area, providing extra outdoor space and curb appeal.Walk-outs from the basement for added convenience. Separate laundry for both upper and lower units (upper level hookups in garage). Chimney in place for potential fireplace addition. Excellent schools nearby both elementary and high school. Steps to grocery stores, shopping, parks, and community amenities. Minutes to Hwy 404, DVP, and 401 for stress-free commuting. Easy access to regional transit (GO Train) for commuters.This home combines family comfort with outstanding investment potential ideal for buyers seeking flexibility, convenience, and value in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$4,827.82/mo
Includes CMHC insurance ($26,254)
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 Hillcrest Village / Bayview Village
Hillcrest 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 Hillcrest Village / 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
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
Hillcrest Village / 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.
400 Cherokee Boulevard, Hillcrest Village / Bayview Village
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
Fair Market Value
At $855/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 126 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.
Detached Home Advantages
Detached homes in Bayview Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bayview Village.
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 $3,921 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.