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    705 - 27 Rean Dr

    For RentMerci Condos
    $2,800/mth
    1 Bed + 1
    2 Bath
    1 Parking
    800 - 899 SQFT
    48 Days on Strata
    Est Lease Timeframe
    15 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Laminate, Open Concept, Combined with Dining
    13.26 x 11.55ft
    Dining
    Laminate, Open Concept, Combined with Living
    13.26 x 11.55ft
    Kitchen
    Granite Counter, Stainless Steel Appliances, Breakfast Bar
    6.17 x 10.11ft

    About this Listing

    Beautiful and Highly Sought After Condo in the Heart of Bayview Village. This Spacious 1 Bedroom +Den Unit In A Charming Low Rise Boutique Building Features 2 Bathrooms and 2 Walkouts To a Private Balcony. Enjoy a Functional Open-Concept Floor Plan With No Neighbors Above. Well Maintained Unit. Just Steps From TTC, Shops, Restaurants. Triple-A Tenant Only. No Pets and No Smokers. Applicants Must Provide a Rental Application, Letter Of Employment & Two Recent Pay Stubs and a Full Credit Report. Tenant Responsible for Hydro and Must carry Tenant Insurance

    baker real estate incorporatedMLS® #C9383481


    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%

    Maintenance Fees

    Merci Condos vs The Bayview Village Area

    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 leased in Bayview Village