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    Richmond Hill / Doncrest

    408 - 8501 Bayview Ave

    For SaleBayview Towers Condos
    $667,900
    2 Beds + 1
    2 Bath
    2 Parking
    1,127 SQFT
    6 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,257/mth
    Taxes:
    $2,253 (2024)
    Cost Per Sqft:
    $593/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Open Concept
    23.3 x 11.16ft
    Dining
    Laminate, Combined with Living, Open Concept
    23.3 x 11.16ft
    Kitchen
    Porcelain Floor, Granite Counter, Backsplash
    11.22 x 8.4ft

    About this Listing

    Welcome to "Bayview Place" A Gem in a Highly Sought-After Area! This spacious and bright 2-bedroom + den, 2-bathroom unit offers 1,127 sq. ft. of comfortable living space. It features renovated bathrooms with sleek quartz vanities and an open balcony that offers breathtaking, quiet views. The unit comes with the added convenience of 2 owned parking spaces in a well-maintained building with top-notch amenities and numerous upgrades. Ideally located, this home is within walking distance of public transit, major highways, and premier shopping destinations. The area also boasts a variety of prestigious schools. Your dream home in the heart of it all awaits!

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer.

    royal lepage terrequity realtyMLS® #N11905665

    Amenities

    Visitor Parking
    Party Room
    Tennis Court
    Concierge
    Guest Suites
    Sauna

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Bayview Towers Condos vs The Doncrest Area

    Building Trends At Bayview Towers Condos

    Days on Strata

    Units at Bayview Towers Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    9.6
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Bayview Towers Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Bayview Towers Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Bayview Towers Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Bayview Towers Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 8501 Bayview Avenue

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$617,000$648,800 - $770,000No DataNo Data
    Avg. Cost Per Sqft$682$577No DataNo Data
    Avg. Wait for Unit Availability131 Days42 DaysNo DataNo Data
    Ratio of Units in Building26%73%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest