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    Richmond Hill / Doncrest

    1405 - 8501 Bayview Ave

    For SaleBayview Towers Condos
    $725,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,100 SQFT
    14 Days on Strata
    Est Sell Timeframe
    14 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,296/mth
    Taxes:
    $2,568 (2024)
    Cost Per Sqft:
    $659/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    90/TBD
    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
    Fan Coil

    Room Dimensions

    Living
    Laminate, Open Concept, Walkout To Sunroom
    16.8 x 10.01ft
    Dining
    Tile Floor, Separate Room
    12.01 x 10.6ft
    Kitchen
    Tile Floor, Open Concept
    12.7 x 7.94ft

    About this Listing

    Beautiful Condo In a Most Desirable Area. Stunning 2+1 Bedroom with Two Full Bathrooms. Laminate Floors. Large Balcony with Unobstructed Incredible View. Very Well-Maintained Building with 24-Hour Concierge. Close to All Amenities and Minutes to 407. Maintenance Includes All Utilities, Cable and Internet. Do Not Miss This Great Starter Home Or Investment Opportunity!

    ExtrasAmazing Building Amenities, Guest Suites, Outdoor Pool, Recreational Room, Exercise Room, Sauna, Lots of Visitors Parking and More.....Pets Allowed with Restrictions.

    royal lepage signature realtyMLS® #N10416233

    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Concierge
    Gym Room

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Bayview Towers Condos vs The Doncrest Area

    Building Trends At Bayview Towers Condos

    Days on Strata

    Units at Bayview Towers Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    9.6
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Bayview Towers Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Bayview Towers Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Bayview Towers Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Bayview Towers Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 8501 Bayview Avenue

    2 Bed2 Bed + Den3 Bed
    Price Range$617,000$648,800 - $770,000No Data
    Avg. Cost Per Sqft$679$580No Data
    Avg. Wait for Unit Availability121 Days43 DaysNo Data
    Ratio of Units in Building29%71%2%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest