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1 / 0
New4 days ago

Ph 1501 - 2885 Bayview Avenue

Bayview Village, Toronto

$564,900

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation. This landmark residence is nestled in the prestigious Bayview Village community. Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking. Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views, filling the space with morning light. The versatile Den can function as a home office or a second bedroom. The modern kitchen features quality cabinetry doors, Granite countertops, flowing seamlessly into the living and dining areas. Ensuite laundry (washer & dryer). This thoughtfully designed unit blends luxury and convenience. Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home. Direct stair access to Bayview Village Shopping Centre, home to Loblaws, Pusateris, Starbucks, Shoppers LCBO, major banks, and a variety of restaurants. Surrounded by top-rated schools, parks, and green space (Bayview Village Park, Hawksbury Park, Rean Park). Close to Hwy 401/DVP, YMCA, and major hospitals. Well-managed building with low monthly fees and fantastic Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study,amenities:24/7 Billiards, Huge outdoor terrace with BBQs & seating, Ample visitor parking (surface & underground).

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$514
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,839
mls© NumberC13843678
Listed ByCENTURY 21 INNOVATIVE REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,891
Property tax
$237
Heat allowance
$150
Condo fees, half counted
$257
Housing costs
$3,535 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $112,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,377 / mo
Cash down
$112,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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