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    Toronto / North York / Bayview Village

    406 - 2885 Bayview Ave E

    For SaleARC Condos
    $669,000
    1 Bed + 1
    1 Bath
    1 Parking
    624 SQFT
    10 Days on Strata
    Est Sell Timeframe
    22 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $513/mth
    Taxes:
    $2,352 (2024)
    Cost Per Sqft:
    $1,072/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    60 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Media/Ent
    Laminate
    5.74 x 5.09ft
    Kitchen
    Renovated, Modern Kitchen, Quartz Counter
    11.98 x 11.48ft
    Living
    Combined with Dining, Laminate, Walkout To Balcony
    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!Brokerage Remarks

    meta realty inc.MLS® #C10419626

    Amenities

    Concierge
    Indoor Parking
    Rooftop Deck
    Gym Room
    Rec Room
    Games Room

    Explore Neighbourhood

    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!'

    Similar Listings

    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
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    16%
    50 - 64
    24%
    65+
    20%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    4%
    $125,000+
    1%
    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%

    Price Trends

    Maintenance Fees

    ARC Condos vs The Bayview Village Area

    Building Trends At ARC Condos

    Days on Strata

    Units at ARC Condos spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

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

    Turnover of Units

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

    Property Value

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

    Price Ranking

    6th
    Highest price per SQFT out of 36 condos in the Bayview Village area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    ARC Condos offers the
    ?
    best value out of 36 condos in the Bayview Village neighbourhood

    Appreciation Rank

    ARC Condos has the
    ?
    highest ROI out of 36 condos in the Bayview Village neighbourhood

    Rental Yield

    ARC Condos yields the
    ?
    highest rent prices out of 36 condos in the Bayview Village neighbourhood

    High Demand

    ARC Condos is the
    ?
    most popular building out of 36 condos in the Bayview Village neighbourhood

    Transaction Insights at 2885 Bayview Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$486,000$613,888 - $642,000$653,000 - $720,000$680,000$745,000
    Avg. Cost Per Sqft$1,178$997$947$897$980
    Avg. Wait for Unit Availability107 Days62 Days24 Days222 Days268 Days
    Ratio of Units in Building12%23%52%9%6%

    Transactions vs Inventory

    Total number of units listed and sold in Bayview Village