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    518 - 27 Rean Drive

    For SaleMerci Condos
    $629,000
    1 Bed + 1
    2 Bath
    1 Parking
    647 SQFT
    21 Days on Strata
    Est Sell Timeframe
    6 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $972/sqft
    Maintenance Fees:
    $716/mth
    Taxes:
    $2,312 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

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

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    13.91 x 10.47ft
    Dining
    Laminate, Open Concept, Combined with Living
    13.91 x 10.47ft
    Kitchen
    Laminate, Quartz Counter, Stainless Steel Appliances
    10.99 x 7.71ft

    About this Listing

    Gorgeous Boutique Style Luxury Condo in One of North York's Best Neighborhoods Bayview Village. This Classy Parisian-Inspired Building Design Resembles The Architecture in Paris with All The Luxuries of Modern Amenities. Conveniently Situated Across From Bayview Village Shopping Centre, Pusateris, Loblaws, Bayview Subway Station, Highway 401 & 404 and Don Valley Parkway, IKEA, and North York General Hospital. The Renovated Interior Has New Laminate Floors Through-Out (22), Chefs Kitchen with Black Granite Counter Stone, Stainless Steel Appliances, and Tile Backsplash. The Open Concept Functional Lay-Out Beams With Natural Sunlight From The Broad Windows & Large Walkout Balcony. Spacious Primary Bedroom with Double Closet and 4pc Ensuite. There's Additional Space With A Multi-Use Den and Two Full Bathrooms! The Top Class Amenities Include Concierge, A Rooftop Terrace Retreat with BBQs & Seating, Theatre Room, Fitness Room, Party Room, and Visitor Parking.

    ExtrasNewly Built Community Recreation Centre and Library next to Bessarion station. Highly Ranked Schools: Crestview PS (8.1), Georges Vanier SS (6.3). One Parking Spot & Locker Included.

    re/max crossroads realty inc.MLS® #C8263222


    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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