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    Toronto / North York / Bayview Village

    218 - 27 Rean Dr

    For SaleMerci Condos
    $489,000
    Price Cut: $539,000
    1 Bed
    2 Bath
    1 Parking
    657 SQFT
    59 Days on Strata
    Est Sell Timeframe
    22 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $716/mth
    Taxes:
    $2,482 (2024)
    Cost Per Sqft:
    $744/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    November 23, 2024
    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

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    14.67 x 10.11ft
    Dining
    Laminate, Combined with Living
    14.67 x 10.11ft
    Kitchen
    Laminate, Granite Counter
    10.99 x 7.74ft

    About this Listing

    ****Power of Sale**** Vacant And Easy To Show. Great Opportunity. Open Concept One Bedroom With 4 Piece Ensuite Located In An Exceptional Condo Building. Ensuite Laundry. One Parking Space And One Locker. All The Amenities You Would Expect.

    ExtrasGreat Location. Close To All Amenities. Short Walk To Sheppard Subway. Steps To Bayview Village Mall. All Taxes, Dimensions, Description & Maintenance to Be Verified By Purchaser/Purchaser's Agent. Property Is Sold "As Is Where Is".

    century 21 fine living realty inc.MLS® #C9363779

    Amenities

    Concierge
    Security System
    Indoor Parking
    Rooftop Deck
    Gym Room
    Bike Storage

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    4,807
    Average Individual Income
    $57,489
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $99,732
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    16%
    50 - 64
    24%
    65+
    20%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    4%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    61%
    Semi Detached
    17%
    Duplex
    13%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    50%
    Other
    24%
    Mandarin
    13%
    Tamil
    7%
    Urdu
    2%
    Tagalog
    2%
    Gujarati
    1%
    Punjabi
    1%
    Education
    High School
    29%
    University and Above
    24%
    None
    21%
    College
    17%
    University Below Batchelor
    4%
    Apprenticeship
    3%
    Major Field of Study
    Business Management
    32%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    9%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Education
    2%
    Personal, Protective & Transportation Services
    1%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Merci Condos vs The Bayview Village Area

    Building Trends At Merci Condos

    Days on Strata

    Units at Merci Condos spend an average of
    24
    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 Bayview Village

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 36 condos in the Bayview Village area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Merci Condos offers the
    ?
    best value out of 36 condos in the Bayview Village neighbourhood

    Appreciation Rank

    Merci Condos has the
    ?
    highest ROI out of 36 condos in the Bayview Village neighbourhood

    Rental Yield

    Merci Condos yields the
    ?
    highest rent prices out of 36 condos in the Bayview Village neighbourhood

    High Demand

    Merci Condos is the
    ?
    most popular building out of 36 condos in the Bayview Village neighbourhood

    Transaction Insights at 27 Rean Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$465,000 - $549,500$578,000 - $650,000No DataNo Data
    Avg. Cost Per SqftNo Data$913$830No DataNo Data
    Avg. Wait for Unit Availability460 Days62 Days63 Days208 DaysNo Data
    Ratio of Units in Building6%41%44%10%1%

    Transactions vs Inventory

    Total number of units listed and sold in Bayview Village