8501 Bayview Avenue
Building Details
Listing History for Bayview Towers Condos
Amenities
Maintenance Fees
About 8501 Bayview Avenue — Bayview Towers Condos
Anyone who’s seeking a Richmond Hill condo for sale should definitely consider Bayview Towers Condos at 8501 Bayview Avenue. completed this building back in 1989, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.85 per-square-foot. The building is 14 storeys tall and is home to 247 suites. Units start at 897 square feet on the low end, and can go up to 1928 square feet.
Maintenance fees at 8501 Bayview Avenue are $0.85 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).
The Suites
Here are some stats that would interest renters or buyers at 8501 Bayview Avenue: 11 units have been sold in the past 12 months, and 1 unit has been rented over the same period.
In terms of price per-square-foot, the average cost is $620 and units tend to sell for -0.36% below the list price. Units at 8501 Bayview Avenue have a medium probability of receiving more than one offer. On average, a suite will spend 33 days on the market.
The Neighbourhood
Residents at Bayview Towers Condos don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Wild Wing, Aji Sai Japanese Restaurant and Myungdong Noodle Shabu Shabu. In the mornings, become a regular at McDonald's, a quick 4-minute walk from Bayview Towers Condos.
There are a number of grocery stores within a short drive, including Bayview Food Mart and Takchong Food Mart.
Planning for your future is easy with RBC Royal Bank and HSBC Bank in the area.
Residents at this condo are also just a short drive away from green spaces such as Kings College Park and Russell Farm Park.
Enhance your personal style while living in the Doncrest neighbourhood by visiting Doncrest Market Place, The Galleria Shoppes and Jubilee Square.
SilverCity Richmond Hill Cinemas is just a short drive away for movie nights.
There are plenty of nearby school choices — Red Maple Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including My Math Centre and Thornlea Secondary School.
Transportation
Taking public transit? The nearest light transit stop is Highway 7 / Times Av. Finch Station is about a 19-minute drive from the building.
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 8763 Bayview Avenue, 9 Chalmers Road and 100-160 South Park Road.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Bayview Towers Condos
Days on Strata
List vs Selling Price
Or in other words, the
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 8501 Bayview Avenue
2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|
Price Range | $617,000 | $648,800 - $770,000 | No Data |
Avg. Cost Per Sqft | $679 | $573 | No Data |
Price Range | No Data | $3,100 | No Data |
Avg. Wait for Unit Availability | 117 Days | 42 Days | No Data |
Avg. Wait for Unit Availability | 184 Days | 91 Days | No Data |
Ratio of Units in Building | 30% | 70% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Doncrest