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Featured
New3 days ago

2503 - 1 Rean Drive

Bayview Village, Toronto

$575,000

Condo Apartment |
1 + 2 | 2 | 1 | 1
About this home

Welcome to The Chrysler at 1 Rean Drive. Discover a bright and inviting 1-bedroom + large den suite in one of Bayview Villages most sought after communities. Freshly painted and thoughtfully designed with a spacious layout, this home offers a sun-filled solarium and beautiful, unobstructed north views perfect for relaxing or entertaining. The large den easily functions as a home office or second bedroom, providing flexibility for modern living. Enjoy the comfort and convenience of one parking space (conveniently located right by the elevator!) and one locker, plus an impressive array of building amenities including a 24-hour concierge, fitness centre, indoor pool, sauna, party and media rooms, guest suites, and ample visitor parking.Situated steps from Bayview Village Shopping Centre, Bayview Subway Station, and the YMCA, you'll love the easy access to upscale shopping,dining, parks, and transit. Quick access to Highway 401 makes commuting a breeze. A rare opportunity to live in a premier building where comfort, convenience, and lifestyle meet - make this lovely suite your next home. PLEASE NOTE THAT SOME IMAGES HAVE BEEN VIRTUALLY STAGED

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$799
LockerOwned
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,722
mls© NumberC13850636
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Building Insurance Included
Common Elements Included
Water Included
Hydro Included
Heat Included
CAC Included
Parking 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%
$2,943
Property tax
$227
Heat allowance
$150
Condo fees, half counted
$399
Housing costs
$3,719 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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