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    406 - 2885 Bayview Avenue

    For SaleARC Condos
    $675,900
    Price Increase: $599,800
    1 Bed + 1
    1 Bath
    1 Parking
    610 SQFT
    9 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,108/sqft
    Maintenance Fees:
    $500/mth
    Taxes:
    $2,352 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    May 1, 2024
    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
    No

    Room Dimensions

    Media/Ent
    Renovated, Laminate
    5.74 x 5.09ft
    Kitchen
    Modern Kitchen, Renovated
    11.98 x 11.48ft
    Living
    Combined with Dining, Renovated, Crown Moulding
    13.48 x 10.01ft

    About this Listing

    Tastefully renovated 1+1 unit at the Arc Condos! New kitchen, new bathroom, new floors - AC5 commercial grade laminate floors throughout; new quartz kitchen counters & renovated cupboards; completely renovated bathroom with new stand up shower and new tiled shower walls; completely painted walls and crown mouldings. Conveniently located right on top of Bayview subway station; quick access to 401/DVP; walk outside into Bayview Village Shopping Centre w everything u need right at your doorstep! Unobstructed sunrise east exposure to enjoy your morning coffee on a large cozy balcony! Complete with 1 underground parking spot & 1 storage locker. Enjoy all the condo amenities - pool, hot tub, large gym, large party room, sauna, & 24 hr concierge. Don't miss this fantastic opportunity to own a modern updated condo in a super high demand area!

    ExtrasFridge, stove, microwave hood fan, washer, dryer.

    meta realty inc.MLS® #C8263598


    Amenities

    Visitor Parking
    Indoor Pool
    Media Room
    Party Room
    Rec Room
    Indoor Parking

    Nearby Amenities

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    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!'

    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 ARC Condos spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 35 condos in the Bayview Village area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    40
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 2885 Bayview Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$486,000$621,000 - $660,000$660,000 - $720,000No Data$745,000
    Avg. Cost Per Sqft$1,184$982$934No Data$980
    Avg. Wait for Unit Availability108 Days60 Days23 Days203 Days268 Days
    Ratio of Units in Building12%24%51%9%6%

    Maintenance Fees

    ARC Condos vs The Bayview Village Area

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