$1,458,000 - 88 Cherrystone Drive, Bayview Village
Detached for Sale in Bayview Village
157 days on market- MLS Number
- C12573972
- Property Type
- Detached
- Status
- active
- Days on Site
- 157
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Lot Size
- 7,500 sqft
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Rarely Offered With Lucky Number '88'! Welcome Home To This Well Maintained Detached House Situated On A 50 X 150 Premium Corner lot In High Demand Hillcrest Village! This Exceptional Home Showcases Extensive Upgrades And Landscaping, Featuring A Triple Interlocking Stone Driveway, Private Basketball Court, And A Serene Carp/Koi Pond With A Waterfall, All Within A Very Private Yard Secured By A Heavy-Duty Steel Fence And Gate. Inside, You'll Find Three Ensuite Bedrooms-Two Conveniently Located On The Main Floor-With One That Can Serve As A Family Room Completed With A Fireplace. The Property Offers Two Kitchens, 5.5 Bathrooms, And Elegant Strip Hardwood Floors. One Garage Has Been Converted Into An Additional Ensuite Bedroom, Adding To The Home's Versatility. Finished Basement With Multi-purpose Room, Its Own Kitchen And Bath And 4 Piece Washroom, Making It Ideal For Personal Use With Income Potential. Truly One Of A Kind! Steps To Park & Ttc. Mins To Shopping, Restaurant. Walk To Excellent Schools: Cliffwood Ps(French Immersion), AY Jackson SS(Ranked: 23/747). Close To Ttc, 404/401, Shops, Seneca College, Fairview Mall. Family Friendly Neighborhood.
Estimate your monthly payments for this property
Estimated Payment
$6,449.23/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.
88 Cherrystone Drive, 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
Fair Market Value
At $972/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 157 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bayview Village.
Bathroom Count Matters
With 6 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.
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 $6,075 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.