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    301 - 27 Rean Drive

    For SaleMerci Condos
    $479,900
    Price Cut: $499,000
    1 Bed
    1 Bath
    0 Parking
    547 SQFT
    50 Days on Strata
    Est Sell Timeframe
    6 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $877/sqft
    Maintenance Fees:
    $511/mth
    Taxes:
    $1,859 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Immediately-30 days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Foyer
    Closet, 4 Piece Bath, Combined with Laundry
    9.91 x 4.59ft
    Kitchen
    Combined with Living, Granite Counter, Walkout To Balcony
    14.01 x 10.83ft
    Living
    Combined with Br, Mirrored Closet, Window Flr To Ceil
    11.81 x 8.33ft

    About this Listing

    NEW PRICE!! Tremendous BUY NOW opportunity - no hold offs!! Affordable, great value & wonderful style! Merci condos by Daniels ...desireable mid-rise complex w nice amenities & located in highly sought after upscale community of Bayview Village. Bright, studio like space w larger than expected layout, offering o/concept living or some privacy w pocket door separating kit & bdrm/lving area. Must be seen! Kit features granite cnters, moveable island/brkfst bar, 4 brand new SS appliances & plenty of cabinets!! Bedrm/living area w flr to ceiling window & dble mirrored closet - suited to many uses including traditional bdrm, or livingrm w murphy bed or pull out sofa..use your imagination in this space! (per virtual pics). Full size 4 pc bth w soaker tub, huge entry storage closet & sep laundry closet.W/out from kitchen to your fantastic oversize/private balcony! Quiet, tree top crtyrd view! Excellent walk score! Steps to shopping, restaurants, transit/subway, YMCA, the beautiful & newly opened Bessarian Comm Centre & so much more! See feature sheet attached!

    ExtrasReno'd suite w new engineered hrdwd flrs, moveable granite kit island, pocket drs, 4 new appliances, locker, huge 130 sq.ft balcony. Building facilities incl gym/exercise rm,screening rm,rooftop patio,party rm,billiards/games rm & more!

    re/max hallmark realty ltd.MLS® #C8170874


    Amenities

    Bike Storage
    Games Room
    Gym Room
    Concierge
    Indoor Parking
    Rooftop Deck

    Nearby Amenities

    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!'

    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
    Household Income
    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%

    Days on Strata

    Units at Merci Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

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

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 35 condos in the Bayview Village area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Merci Condos offers the
    ?
    best value out of 35 condos in the Bayview Village neighbourhood

    Appreciation Rank

    Merci Condos has the
    ?
    highest ROI out of 35 condos in the Bayview Village neighbourhood

    Rental Yield

    Merci Condos yields the
    ?
    highest rent prices out of 35 condos in the Bayview Village neighbourhood

    High Demand

    Merci Condos is the
    ?
    most popular building out of 35 condos in the Bayview Village neighbourhood

    Transaction Insights at 27 Rean Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$545,000 - $565,000$578,000 - $640,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,015$853No DataNo Data
    Avg. Wait for Unit Availability461 Days60 Days67 Days208 DaysNo Data
    Ratio of Units in Building6%42%42%11%1%

    Maintenance Fees

    Merci Condos vs The Bayview Village Area

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