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    Richmond Hill / Doncrest

    1507 - 8501 Bayview Ave Ave

    For SaleBayview Towers Condos
    $758,000
    2 Beds + 1
    2 Bath
    2 Parking
    1,200 - 1,399 SQFT
    51 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,099/mth
    Taxes:
    $2,503 (2023)
    Cost Per Sqft:
    $542 - $632/sqft
    Locker:
    Owned
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    North
    Possession Date:
    October 31, 2024
    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
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Solarium
    20.67 x 11.16ft
    Dining
    Hardwood Floor, Combined with Living
    10.34 x 10.17ft
    Kitchen
    Eat-In Kitchen
    10.83 x 9.68ft

    About this Listing

    Welcome to Bayview Towers. Spacious And Bright, Panoramic Penthouse, Two-Bedroom Split Plan Unit With a Bedroom Size Den & Solarium. This Gorgeous Unit Facing North Offers Tree Top Views & Overlook Green Space And It Includes Two Parking And One Locker. This Unit Has Been Beautifully Redesigned And Renovated. Amazing Facilities Such As Pool, Sauna, Jacuzzi, Tennis court, Exercise Room And More.( Bell internet and TV and all utilities are included in the maintenance fee). Walking Distance To Great Schools, Shops, Ravine Trail And Public Transit. The Entire Building Is Going Through Renovation And Soon It Will Look Like A Brand New Building. If You Are Looking For a Large 2+1 Apartment With A Gorgeous View In A High Demand Area Of Richmond Hill, Look No Further, This Is It!

    Extrasall ELF fridge, Stove, Dishwasher, washer, dryer.

    re/max hallmark realty ltd.MLS® #N9307347

    Amenities

    Squash Court
    Security System
    Guest Suites
    Visitor Parking
    Tennis Court
    Sauna

    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
    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%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest