$1,090,000 - 62 Cherrystone Drive, Bayview Village
Detached for Sale in Bayview Village
160 days on market- MLS Number
- C12593124
- Property Type
- Detached
- Status
- active
- Days on Site
- 160
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Listing Brokerage
- RIGHT AT HOME REALTY
Ideal Spacious Family Home In Sought After Neighbourhood With Top Rated Schools. Walk To A.Y. Jackson Secondary School, Highland Junior H/S, French Immersion Cliffwood P/S. Enjoy Nearby Trails, Creek, Parks And A Quiet Family Community. Updated Windows. Furnace/A/C: 2023. Roof 2019. H.W.T. Owned. Updated Bathrooms. Private Vast Backyard Perfect For Gardening & Entertaining. Bright And Sunny Unobstructed Western Exposure W/ Breathtaking Spectacular Sunsets. Cozy Fireplace In Finished Basement. Short Bus Ride To Don Mills T.T.C. Subway Station. Minutes To Hwy's: 407/404/401, Fairview Mall, Food Basics, No Frills, Shoppers Drug Mart. Close To North York General Hospital, Seneca College, Community Centres. 30 minutes To Pearson Airport And Much More. Paint And Hardwood Floors Available For Buyers Who Enjoy Renovating. Some Virtually Staged Photos Are Included To Show The Potential Of The Property As It Is!
Estimate your monthly payments for this property
Estimated Payment
$4,821.44/mo
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.
62 Cherrystone Drive, Hillcrest Village / Bayview Village
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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 $991/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 160 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.
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.
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 $4,542 (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.