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    302 - 3181 Bayview Ave

    For SalePalace Gate Condos
    $1,179,000
    Price Cut: $1,219,000
    2 Beds
    2 Bath
    1 Parking
    1,681 SQFT
    61 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,256/mth
    Taxes:
    $4,896 (2024)
    Cost Per Sqft:
    $701/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    30-60 days
    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

    Room dimensions are not available for this listing.

    About this Listing

    Palace Gate is in a league of its own. Built to an exacting standard by the city's finest builder Tridel, the build quality and sophistication resonates. The spectacular suite on offer features the perfect split floor plan with 1681 Square Feet spread over 2 spacious bedrooms and a den. Lovely finishes throughout including marble, granite and hardwood flooring. The Primary suite includes a walk in closet and spa-like ensuite bath. Peaceful North exposure overlooking the trees with a walk out from the kitchen to the balcony. Ample storage space with oversized closets and walk-ins. The luxurious common areas include the grand two-story marble lobby and the array of resort-like amenities. No lack of activities to keep you busy with a beautiful indoor pool, sauna, tennis court, gym and party room. Enjoy the landscaped grounds with an abundance of mature trees and manicured gardens. There is ample visitor parking and out of town guests can utilize one of the two guest suites. With only 169 suites and the smallest unit being over 1200 square feet the exclusivity resounds. Feels like a high end hotel with exceptional facilities and the concierge greets everyone by name. All inclusive condo fees in this superbly run building with property management by Tridel. The prime central North York location offers outstanding access to the finest amenities and shopping including Bayview Village and Fairview Mall. Easy access to major highways and some of the city's best parks. Don't miss out on this tremendous opportunity!

    royal lepage connect realtyMLS® #C9366321


    Amenities

    Indoor Pool
    Gym Room
    Sauna
    Tennis Court
    Party Room
    BBQs Allowed

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    7,547
    Average Individual Income
    $69,845
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $119,381
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    22%
    65+
    20%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    58%
    Semi Detached
    19%
    Duplex
    14%
    Low Rise Apartment
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    69%
    Other
    9%
    Cantonese
    7%
    Mandarin
    6%
    Tamil
    5%
    Tagalog
    2%
    Urdu
    1%
    Gujarati
    1%
    Education
    University and Above
    31%
    High School
    28%
    College
    17%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Palace Gate Condos vs The Bayview Woods Area

    Days on Strata

    Units at Palace Gate Condos spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bayview Woods

    Turnover of Units

    On average, each unit is owned for
    10.5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 6 condos in the Bayview Woods area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Palace Gate Condos offers the
    ?
    best value out of 6 condos in the Bayview Woods neighbourhood

    Appreciation Rank

    Palace Gate Condos has the
    ?
    highest ROI out of 6 condos in the Bayview Woods neighbourhood

    Rental Yield

    Palace Gate Condos yields the
    ?
    highest rent prices out of 6 condos in the Bayview Woods neighbourhood

    High Demand

    Palace Gate Condos is the
    ?
    most popular building out of 6 condos in the Bayview Woods neighbourhood

    Transaction Insights at 3181 Bayview Avenue

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$808,000 - $1,430,000$940,000 - $1,530,000$1,250,000No Data
    Avg. Cost Per Sqft$769$729$744No Data
    Avg. Wait for Unit Availability163 Days109 Days861 DaysNo Data
    Ratio of Units in Building37%56%6%3%

    Transactions vs Inventory

    Total number of units listed and sold in Bayview Woods