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    4for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    159
    Condo Completion:
    2009
    Condo Demand:
    Medium
    Unit Size Range:
    316 - 1,040 SQFT
    Unit Availability:
    Medium

    Listing History for Merci Condos

    Receive listing updates for Bayview Village

    Amenities

    Security System
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Games Room
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 27 Rean DriveMerci Condos

    Located at 27 Rean Drive, Merci Condos is a 7-storey condo containing 159 units. These Toronto condos were developed by The Daniels Corporation and completed in 2009. Units start at 316 square feet and can be as large as 1040 square feet. What makes a Bayview Village condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 70. Maintenance fees at 27 Rean Drive are $1.00 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    We’ve aggregated a number of stats at 27 Rean Drive. Here are some highlights: In the past 12 months, 8 units have sold, and 9 have been rented. Meanwhile, property values here have decreased by 13.0%.

    Units at Merci Condos have a low likelihood of receiving more than one offer, and on average they sell for -2.35% below the listed price. Suites here have an average cost per-square-foot of $816 based on sales over the past 12 months, and the median time a unit spends on the market is 23 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Beauty Eats, Aux Delicis De Bayview and Kabuki Japanese are all within 5 minutes walking distance from 27 Rean Drive. To fuel up in the morning, head to Lettieri Espresso Bar & Cafe, ELXR Juice Lab and bloomer's Bayview Village to grab your beverage of choice.

    Grocery pick-ups are made easy thanks to Pusateri's Fine Foods and Loblaws within a 9-minute walk.

    Merci Condos is a great choice for residents who are money conscious — with banks like RBC Royal Bank and Hana Bank Canada - Bayview Br. nearby.

    Having Rean Park and Kenaston Park within 7 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 27 Rean Drive, including Bayview Village Shopping Centre, Stride With Style and Wycliffe Square Plaza which are only 15 away.

    When the weekend rolls around, New Art & Design and ALBA-AVIS GALLERY are within a short 5-minute drive away.

    There are plenty of nearby school choices — Central Montessori & Private French School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Newton International College, Webtree Academy | Private High School Toronto and Earl Haig Secondary School can be reached by car in under 5 minutes.

    Transportation

    Residents have transit options in the Bayview Village neighbourhood; A light transit stop at Sheppard Ave East At Hawksbury Dr can carry you to your destination in no time at all. Bayview station is only 0 minutes walking distance from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 18 Rean Drive, 650 Sheppard Avenue E and 15 Rean Drive.

    Merci Condos Reviews

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    5

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    Listings For Rent

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    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    4,807
    Average Individual Income
    $57,489
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $99,732
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    16%
    50 - 64
    24%
    65+
    20%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    4%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    61%
    Semi Detached
    17%
    Duplex
    13%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    50%
    Other
    24%
    Mandarin
    13%
    Tamil
    7%
    Urdu
    2%
    Tagalog
    2%
    Gujarati
    1%
    Punjabi
    1%
    Education
    High School
    29%
    University and Above
    24%
    None
    21%
    College
    17%
    University Below Batchelor
    4%
    Apprenticeship
    3%
    Major Field of Study
    Business Management
    32%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    9%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Education
    2%
    Personal, Protective & Transportation Services
    1%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Merci Condos vs The Bayview Village Area

    Days on Strata

    Units at Merci Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bayview Village

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 36 condos in the Bayview Village area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Merci Condos offers the
    ?
    best value out of 36 condos in the Bayview Village neighbourhood

    Appreciation Rank

    Merci Condos has the
    ?
    highest ROI out of 36 condos in the Bayview Village neighbourhood

    Rental Yield

    Merci Condos yields the
    ?
    highest rent prices out of 36 condos in the Bayview Village neighbourhood

    High Demand

    Merci Condos is the
    ?
    most popular building out of 36 condos in the Bayview Village neighbourhood

    Transaction Insights at 27 Rean Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$465,000 - $549,500$578,000 - $650,000No DataNo Data
    Avg. Cost Per SqftNo Data$938$830No DataNo Data
    Avg. Wait for Unit Availability460 Days63 Days63 Days208 DaysNo Data
    Ratio of Units in Building6%41%44%10%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bayview Village