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516 - 2885 Bayview Avenue
For RentARC CondosEst Lease Timeframe 10 Days
$2,095/mth
Studio
1 Bath
0 Parking
348 SQFT
17 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
West
Locker:
Owned
Possession Date:
May 1, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Hydro
Water
Excluded
Heat
Air Conditioning
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Living
Walkout To Balcony, Hardwood Floor, Indirect Lights
13.06 x 12.01ft
Dining
Combined with Living, Hardwood Floor
13.06 x 12.99ft
Media/Ent
Hardwood Floor
13.06 x 12.99ft
About this Listing
Arc Condominium At Prime Bayview And Sheppard Location, Amazing Design Bachelor With Open Concept Layout. Steps To Bayview Subway Station, Bayview Village Shopping Centre, Ymca And Minutes To Hwy 401. Building Boasts Amenities Which Include Indoor Pool, Steam Room, Gym, Movie Room And Lounge Bar.
ExtrasStainless Steel Appliances Includes - Stove, Microwave, Dishwasher, Fridge, Ensuite Washer And Dryer. One Locker
bayview real estate inc.MLS® #C8234682
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%
Price Trends
Building Trends At ARC Condos
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty 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
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $486,000 | $621,000 - $660,000 | $660,000 - $720,000 | No Data | $745,000 |
| Avg. Cost Per Sqft | $1,184 | $982 | $934 | No Data | $980 |
| Price Range | $2,050 - $2,300 | $2,495 - $2,650 | $2,550 - $3,300 | $3,000 | $3,050 |
| Avg. Wait for Unit Availability | 108 Days | 60 Days | 23 Days | 203 Days | 268 Days |
| Avg. Wait for Unit Availability | 47 Days | 20 Days | 14 Days | 109 Days | 146 Days |
| Ratio of Units in Building | 12% | 24% | 51% | 9% | 6% |
Maintenance Fees
ARC Condos vs The Bayview Village Area
