27 Rean Drive
Building Details
Listing History for Merci Condos
Amenities
Maintenance Fees
About 27 Rean Drive — Merci 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.
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Price Cut: $10,000 (Oct 7)
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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 Merci Condos
Days on Strata
List vs Selling Price
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 27 Rean Drive
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $465,000 - $549,500 | $578,000 - $650,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $938 | $830 | No Data | No Data |
Price Range | $2,150 | $2,300 - $2,700 | $2,800 | No Data | No Data |
Avg. Wait for Unit Availability | 460 Days | 63 Days | 63 Days | 208 Days | No Data |
Avg. Wait for Unit Availability | 275 Days | 44 Days | 51 Days | 235 Days | No Data |
Ratio of Units in Building | 6% | 41% | 44% | 10% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Bayview Village