$1,580,000 - 8 Rean Drive Unit UPH 03, Bayview Village
Condo for Sale in Bayview Village
Neighbourhood: Bayview Village
- MLS Number
- C13619334
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Experience elevated living in this 1931 sq ft corner penthouse at New York Towers, a true "bungalow in the sky" featuring soaring ceilings, an open and flowing layout, two spacious bedrooms with private ensuites, an opened up sitting room, and a large den that functions as a third bedroom; the expansive open-concept kitchen offers abundant storage and new stainless steel appliances, while south-facing panoramic views and two generous open-air terraces provide exceptional natural light and rare private outdoor space; perfectly located steps from Bayview Village and the subway, this residence offers an effortless lock-and-leave lifestyle with 24-hour concierge service and all utilities included in the maintenance fees, plus exclusive access to the Liberty Club's indoor pool, fitness centre, and virtual golf; complete with two premium parking spaces and a private locker, this penthouse delivers luxury, scale, and convenience for the discerning buyer.
Estimate your monthly payments for this property
Estimated Payment
$6,988.87/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 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 UPH 03, 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 $878/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.
Market Position
At 25 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Bayview Village. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.