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    3181 Bayview Avenue

    Palace Gate Condos
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    169
    Condo Completion:
    1995
    Condo Demand:
    Medium
    Unit Size Range:
    1,168 - 3,000 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Palace Gate Condos

    Receive listing updates for Bayview Woods

    Amenities

    Rooftop Deck
    Indoor Pool
    Party Room
    Sauna
    Indoor Parking
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 3181 Bayview AvenuePalace Gate Condos

    Anyone who’s seeking a Toronto condo for sale should consider Palace Gate Condos at 3181 Bayview Avenue. Tridel completed this building back in 1995, but unlike other buildings of that age, maintenance fees are quite reasonable at $0.71 per-square-foot. The 10-storey building is home to 169 suites with units ranging between 1168 and 3000 square feet.

    Maintenance fees are $0.71 per-square-foot, which is lower than the neighbourhood average of $0.81 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 3181 Bayview Avenue. Here are some highlights: In the past 12 months, 11 units have sold, and 3 have been rented. Meanwhile, property values here have decreased by 3.0%.

    Units at Palace Gate Condos have a medium likelihood of receiving more than one offer, and on average they sell for -4.30% below the listed price. Suites here have an average cost per-square-foot of $684 based on sales over the past 12 months, and the median time a unit spends on the market is 45 days.

    The Neighbourhood

    Living here means you’re just a 15-minute walk from Swiss Chalet Rotisserie & Grill, Kaikaki Japanese Restaurant and Kaikaki Japanese Cuisine, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Cafe Maxim's, Starbucks and ELXR Juice Lab have you covered...

    There are a number of grocery stores within a short drive, including Tufts' valu-mart, Loblaws and Pusateri's Fine Foods.

    Planning for your future is easy with CIBC Branch with ATM and CIBC in the area.

    Getting some fresh air is a breeze when you live at 3181 Bayview Avenue because excellent green spaces like Bayview Arena, Bayview BMX Park and Bayview Arena Bike Park are walkable in under 6 minutes.

    Those who love to shop will appreciate all the options nearby with Bayview-Cummer Shopping Centre, Bayview Woods Plaza and Stride With Style just 5 minutes from here.

    Palace Gate Condos is a short drive away from Steelesview Public School, McKee Public School and Lillian Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Cummer Valley Middle School, Integral High School and Avondale Secondary Alternative School.

    Transportation

    For transit users, the nearest light transit stop is Bayview Ave At Finch Ave East North Side and is about a 0 minutes walk away. Finch Station isn’t within a close walking distance, but you can drive there in about 5 minutes.

    Curious about similar condos in the area? Check out 5795 Yonge Street, 1 Watergarden Way and 17 Ruddington Drive — all within walking distance.

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    Explore Bayview Woods

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    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 condos

    Demographics

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

    Population
    7,547
    Average Individual Income
    $69,845
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $119,381
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    22%
    65+
    20%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    58%
    Semi Detached
    19%
    Duplex
    14%
    Low Rise Apartment
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    69%
    Other
    9%
    Cantonese
    7%
    Mandarin
    6%
    Tamil
    5%
    Tagalog
    2%
    Urdu
    1%
    Gujarati
    1%
    Education
    University and Above
    31%
    High School
    28%
    College
    17%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Palace Gate Condos vs The Bayview Woods Area

    Days on Strata

    Units at Palace Gate Condos spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    10.5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 6 condos in the Bayview Woods area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Palace Gate Condos offers the
    ?
    best value out of 6 condos in the Bayview Woods neighbourhood

    Appreciation Rank

    Palace Gate Condos has the
    ?
    highest ROI out of 6 condos in the Bayview Woods neighbourhood

    Rental Yield

    Palace Gate Condos yields the
    ?
    highest rent prices out of 6 condos in the Bayview Woods neighbourhood

    High Demand

    Palace Gate Condos is the
    ?
    most popular building out of 6 condos in the Bayview Woods neighbourhood

    Transaction Insights at 3181 Bayview Avenue

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$808,000 - $1,430,000$940,000 - $1,530,000$1,250,000No Data
    Avg. Cost Per Sqft$769$729$744No Data
    Avg. Wait for Unit Availability163 Days109 Days861 DaysNo Data
    Ratio of Units in Building37%56%6%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bayview Woods