8 Rean Drive Unit 606, Toronto C15

Price: $379,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13648716

Welcome to Luxury Living at New York Towers - The Waldorf, in the heart of prestigious Bayview Village! This bright and spacious 1-bedroom suite offers a functional open-concept layout with breathtaking unobstructed east views of the park and city skyline. Beautifully updated, freshly painted from top to bottom, and truly move-in ready, this immaculate unit features freshly painted kitchen cabinetry, a new quartz kitchen countertop, backsplash, double sink, brand-new stove, dishwasher and range hood, modern light fixtures, a newly installed toilet, and new balcony flooring. The spacious bedroom features a generous walk-in closet complete with installed shelving for added storage and organization. Enjoy your private open balcony and the convenience of an ALL-INCLUSIVE maintenance fee covering hydro, water, gas, and central air conditioning. Built by Daniels, this sought-after luxury residence offers exceptional amenities including 24-hour concierge, indoor pool, hot tub, sauna, fitness centre, library, virtual golf, billiards, party room, and more. Ideally located just steps to Bayview Village Shopping Centre, Sheppard/Bayview Subway Station, parks, restaurants, schools, and with quick access to Hwy 401. Don't miss this rare opportunity to own in one of North York's most sought-after communities, offering the perfect blend of luxury, comfort, convenience, and exceptional value.

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$379,900 - 8 Rean Drive Unit 606, Bayview Village

Condo for Sale in Bayview Village

Neighbourhood: Bayview Village

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13648716
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to Luxury Living at New York Towers - The Waldorf, in the heart of prestigious Bayview Village! This bright and spacious 1-bedroom suite offers a functional open-concept layout with breathtaking unobstructed east views of the park and city skyline. Beautifully updated, freshly painted from top to bottom, and truly move-in ready, this immaculate unit features freshly painted kitchen cabinetry, a new quartz kitchen countertop, backsplash, double sink, brand-new stove, dishwasher and range hood, modern light fixtures, a newly installed toilet, and new balcony flooring. The spacious bedroom features a generous walk-in closet complete with installed shelving for added storage and organization. Enjoy your private open balcony and the convenience of an ALL-INCLUSIVE maintenance fee covering hydro, water, gas, and central air conditioning. Built by Daniels, this sought-after luxury residence offers exceptional amenities including 24-hour concierge, indoor pool, hot tub, sauna, fitness centre, library, virtual golf, billiards, party room, and more. Ideally located just steps to Bayview Village Shopping Centre, Sheppard/Bayview Subway Station, parks, restaurants, schools, and with quick access to Hwy 401. Don't miss this rare opportunity to own in one of North York's most sought-after communities, offering the perfect blend of luxury, comfort, convenience, and exceptional value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,949.08/mo

Includes CMHC insurance ($10,599)

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5-yr fixed avg.

Principal: $341,910Interest: $232,216
Mortgage Amount$352,509
Total Interest$232,216
Est. Property Tax$269/mo
Total Cost$584,725

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: Bayview Village

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

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

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.

70
Walk Score
Varies
Price Range

8 Rean Drive Unit 606, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$269
Insurance (est.)-$79
Net Cash Flow+$1,127

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 $760/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 17 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.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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.

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    8 Rean Drive Unit 606 | $379,900 | Battaglia Team