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    Toronto / North York / Bayview Village

    516 - 2885 Bayview Ave E

    For RentARC Condos
    $2,095/mth
    Studio
    1 Bath
    0 Parking
    348 SQFT
    29 Days on Strata
    Est Lease Timeframe
    12 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 28, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Air Conditioning
    Water
    Excluded
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Hardwood Floor, Indirect Lights
    13.06 x 12.01ft
    Dining
    Combined with Living, Hardwood Floor
    13.06 x 12.99ft
    Media/Ent
    Hardwood Floor
    13.06 x 12.99ft

    About this Listing

    Arc Condominium At Prime Bayview And Sheppard Location, Amazing Design Bachelor With Open Concept Layout. Steps To Bayview Subway Station, Bayview Village Shopping Centre, Ymca And Minutes To Hwy 401. Building Boasts Amenities Which Include Indoor Pool, Steam Room, Gym, Movie Room And Lounge Bar.

    ExtrasStainless Steel Appliances Includes - Stove, Microwave, Dishwasher, Fridge, Ensuite Washer And Dryer. One Locker

    bayview real estate inc.MLS® #C10851169

    Amenities

    Party Room
    Sauna
    Rec Room
    Business Centre
    Gym Room
    Visitor Parking

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    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

    ARC Condos vs The Bayview Village Area

    Building Trends At ARC Condos

    Days on Strata

    Units at ARC Condos spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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
    5.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 36 condos in the Bayview Village area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 2885 Bayview Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$486,000$613,888 - $642,000$653,000 - $720,000$680,000$745,000
    Avg. Cost Per Sqft$1,178$997$948$897$980
    Avg. Wait for Unit Availability107 Days62 Days24 Days222 Days268 Days
    Ratio of Units in Building12%23%52%9%6%

    Transactions vs Inventory

    Total number of units listed and leased in Bayview Village