55 Skymark Drive Unit 2703, Toronto C15

Price: $1,219,000

3 bedrooms, 2 bathrooms

1,800 sqft

Property Type: Condo

MLS#: C13712654

STUNNING PROFESSIONALLY RENOVATED CORNER SUITE WITH OPEN SOUTH & WEST VIEWS! Rarely offered, this exceptionally bright and spacious corner unit showcases an impressive blend of style, functionality and breathtaking natural light. The oversized living room features expansive windows, a TV wall and a dedicated entertainment/beverage bar-perfect for hosting or relaxing in style. The spacious living and dining area enjoys beautiful West-facing views and is thoughtfully separated by a partition that can easily be removed to create an even more expansive open-concept layout. Multiple exposures provide an abundance of natural light throughout the day. Professionally renovated with quality workmanship and attention to detail. Two parking spaces add exceptional convenience and value. The building has also recently undergone extensive renovations and offers a full range of resort-style amenities for residents. A truly special opportunity for buyers seeking a spacious, bright and beautifully upgraded corner suite in desirable North York area.

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active

$1,219,000 - 55 Skymark Drive Unit 2703, Bayview Village

Condo for Sale in Bayview Village

42 days on market

Neighbourhood: Hillcrest Village

3Beds
2Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
C13712654
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
3
Bathrooms
2
Square Feet
1,800 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Taxes (2026)
$3,703
Maintenance Fees
$1,353/mo
Locker
Ensuite
Exposure
South West
Balcony
None
Listing Brokerage
CENTRAL HOME REALTY INC.
Description

STUNNING PROFESSIONALLY RENOVATED CORNER SUITE WITH OPEN SOUTH & WEST VIEWS! Rarely offered, this exceptionally bright and spacious corner unit showcases an impressive blend of style, functionality and breathtaking natural light. The oversized living room features expansive windows, a TV wall and a dedicated entertainment/beverage bar-perfect for hosting or relaxing in style. The spacious living and dining area enjoys beautiful West-facing views and is thoughtfully separated by a partition that can easily be removed to create an even more expansive open-concept layout. Multiple exposures provide an abundance of natural light throughout the day. Professionally renovated with quality workmanship and attention to detail. Two parking spaces add exceptional convenience and value. The building has also recently undergone extensive renovations and offers a full range of resort-style amenities for residents. A truly special opportunity for buyers seeking a spacious, bright and beautifully upgraded corner suite in desirable North York area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,392.05/mo

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5%20%50%

5-yr fixed avg.

Principal: $975,200Interest: $642,414
Mortgage Amount$975,200
Total Interest$642,414
Est. Property Tax$863/mo
Total Cost$1,617,614

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: Hillcrest Village

Discover Hillcrest Village

Hillcrest 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

  • •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

Hillcrest 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

55 Skymark Drive Unit 2703, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,353
Property Tax (est.)-$863
Insurance (est.)-$254
Net Cash Flow+$930

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 $677/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 42 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 $1353/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 Hillcrest Village

I know Hillcrest 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 $5,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    55 Skymark Drive Unit 2703 | $1,219,000 | Battaglia Team