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    608 - 3181 Bayview Ave

    For SalePalace Gate Condos
    $1,248,000
    Price Cut: $1,288,000
    2 Beds
    2 Bath
    2 Parking
    1,654 SQFT
    31 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,246/mth
    Taxes:
    $4,556 (2024)
    Cost Per Sqft:
    $755/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    September 30, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining
    20.01 x 12.99ft
    Dining
    Hardwood Floor, Combined with Living
    10.34 x 10.01ft
    Kitchen
    Hardwood Floor, Eat-In Kitchen
    11.98 x 9.42ft

    About this Listing

    Luxurious Palace Gate in Bayview Village by Tridel! Spacious desirable bright & sunny South exposure, 2 bdrm, 2 bathroom, with a solarium/family room/den with French doors, balcony with beautiful view South view boasts absolute luxury! Recently freshly painted entire suite and updated Kitchen and Bathrooms, All hardwood flooring, new light fixtures. Built Tridel building. The resort style exclusive amenities & manicured gardens and tennis court are pristine. The 24 hour Concierge. Close to Hwy 401 & DVP, TTC, Bayview Village, trails, parks.

    ExtrasFridge, Stove, Microwave, Dishwasher, Washer & Dryer, Laundry Tub.

    forest hill real estate inc.MLS® #C9262279


    Amenities

    Rooftop Deck
    BBQ
    Tennis Court
    Gym Room
    Concierge
    Indoor Parking

    Explore Neighbourhood

    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 Listings

    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
    44
    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

    0%
    Increase 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

    9
    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 - $1,530,000No DataNo Data
    Avg. Cost Per Sqft$771$752No DataNo Data
    Avg. Wait for Unit Availability161 Days110 Days725 DaysNo Data
    Ratio of Units in Building37%56%6%3%

    Transactions vs Inventory

    Total number of units listed and sold in Bayview Woods