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    8501 Bayview Avenue

    Bayview Towers Condos
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    14
    Number of Units:
    247
    Condo Completion:
    1989
    Condo Demand:
    Medium
    Unit Size Range:
    897 - 1,928 SQFT
    Unit Availability:
    Medium

    Listing History for Bayview Towers Condos

    Receive listing updates for Doncrest

    Amenities

    Squash Court
    Security System
    Guest Suites
    Visitor Parking
    Tennis Court
    Sauna

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 8501 Bayview AvenueBayview 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.

    Bayview Towers Condos Reviews

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    Listings For Sale

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    Listings For Rent

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    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 condos

    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%

    Maintenance Fees

    Bayview Towers Condos vs The Doncrest Area

    Days on Strata

    Units at Bayview Towers Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    11
    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$573No Data
    Avg. Wait for Unit Availability117 Days42 DaysNo Data
    Ratio of Units in Building30%70%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Doncrest