$710,000 - 8 Rean Drive Unit 1705, Bayview Village
Condo for Sale in Bayview Village
Neighbourhood: Bayview Village
- MLS Number
- C13459558
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
One of Bayview Village's largest 2+den layouts - 1,383 sq ft on the 17th floor, with a clear eastern exposure and *ALL-INCLUSIVE MAINTENANCE FEE *. At this size and price point, this suite is genuinely hard to replicate in the pocket.The split-bedroom floor plan separates the primary suite from the second bedroom and den, giving you a true three-room configuration without paying for a three-bedroom. Floor-to-ceiling windows pull morning light deep into the open-concept living and dining areas. Step out to a large open balcony and take in unobstructed eastern skyline views.The kitchen anchors the space with a curved breakfast bar and stainless appliance package, open to the dining and living rooms. The primary suite comfortably fits a king, walks into a generous closet, and leads to a 4-piece ensuite with jacuzzi tub. In-suite laundry, laminate flooring throughout. 1 owned parking and locker. Move-in ready. Residents enjoy access to the full Rean Drive amenity enclave across 1, 2, 3 and 8 Rean Dr - indoor pool, virtual golf, billiards, ping pong, gym, party room, media room, meeting room, office room, children's playroom, and guest suites. *BEST NORTH YORK LOCATION* Steps to Bayview Subway Station and Bayview Village Shopping Centre. Two minutes to Hwy 401. And with the *22-ACRE BAYVIEW VILLAGE MASTERPLAN* now underway - a new outdoor retail promenade, expansion & modernization plans for Bayview Village Mall, 1,500+ new residences, 50,000 sq ft of parks, and a new elementary school opening September 2026 - this neighbourhood is on a clear upward trajectory. A well-maintained condo in a neighbourhood actively becoming more valuable.
Estimate your monthly payments for this property
Estimated Payment
$3,642.67/mo
Includes CMHC insurance ($19,809)
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 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 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
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.
8 Rean Drive Unit 1705, 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 $592/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 20 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. We'll want to verify the monthly fees and what they include.
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 Village
I know Bayview 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 $2,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.