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    Richmond Hill / Doncrest

    527 - 8763 Bayview Ave

    For SaleTao Condos
    $1,188,000
    3 Beds
    3 Bath
    2 Parking
    1,700 SQFT
    32 Days on Strata
    Est Sell Timeframe
    14 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,587/mth
    Taxes:
    $6,995 (2024)
    Cost Per Sqft:
    $699/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    January 1, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Combined with Dining, Stainless Steel Appliances, Granite Counter
    11.94 x 19.49ft
    Dining
    Combined with Kitchen, Pantry, Walkout To Balcony
    11.94 x 8.53ft
    Living
    Walkout To Terrace, Open Concept, Windows Floor to Ceiling
    13.78 x 12.14ft

    About this Listing

    Welcome to Tao Condos! This luxurious mid-rise condo offers three bedrooms and three baths spread out over 2 storeys. Over 1700 sqft plus 440 sqft outdoor space (3 balconies + terrace). Stepping through the front door, you'll be greeted by a magnificent view of the trees in the background, emphasized by the soaring 17 feet floor-to-ceiling windows. A spacious terrace allows you much opportunity for creating a small garden or hosting outdoors, while the bedroom beside can be transformed into the perfect work-from-home situation. The living room segues seamlessly to the dining room and kitchen, with unobstructed views from each room. Upstairs, there are two more bedrooms, each with ensuite bathroom. Underground, you'll conveniently have access to two side-by-side parking spots that are adjacent to the locker room. Ideally located close to restaurants, the highway, schools and entertainment, everything you'll need is just a short drive away.

    forest hill real estate inc.MLS® #N9508360

    Amenities

    Visitor Parking
    Games Room
    Concierge
    Gym Room
    Indoor Parking
    Party Room

    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!
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    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

    Tao Condos vs The Doncrest Area

    Building Trends At Tao Condos

    Days on Strata

    Units at Tao Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    5.7
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 8763 Bayview Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$475,000 - $650,000$575,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$883$651No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data147 Days56 Days185 Days147 Days1255 DaysNo Data
    Ratio of Units in Building2%16%55%13%14%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest