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    Palace Gate Condos
    by Tridel

    3181 Bayview Avenue

    3for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    169
    Condo Completion:
    1995
    Condo Demand:
    Medium
    Unit Size Range:
    1,168 - 3,000 SQFT
    Unit Availability:
    Low
    Property Management:
    Del Property Management Inc.

    Listing History for Palace Gate Condos

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Concierge
    Party Room
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 3181 Bayview AvenuePalace Gate Condos

    Anyone who’s seeking a Toronto condo for sale should consider Palace Gate Condos at 3181 Bayview Avenue. Tridel completed this building back in 1995, but unlike other buildings of that age, maintenance fees are quite reasonable at $0.69 per-square-foot. The 10-storey building is home to 169 suites with units ranging between 1168 and 3000 square feet.

    Maintenance fees are $0.69 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 3181 Bayview Avenue. Here are some highlights: In the past 12 months, 6 units have sold, and 3 have been rented. Meanwhile, property values here have decreased by 0.92%.

    Units at Palace Gate Condos have a low likelihood of receiving more than one offer, and on average they sell for -3.02% below the listed price. Suites here have an average cost per-square-foot of $718 based on sales over the past 12 months, and the median time a unit spends on the market is 22 days.

    The Neighbourhood

    Living here means you’re just a 15-minute walk from Swiss Chalet Rotisserie & Grill, Kaikaki Japanese Restaurant and Kaikaki Japanese Cuisine, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Cafe Maxim's, Starbucks and ELXR Juice Lab have you covered...

    There are a number of grocery stores within a short drive, including Tufts' valu-mart, Loblaws and Pusateri's Fine Foods.

    Planning for your future is easy with CIBC Branch with ATM and CIBC in the area.

    Getting some fresh air is a breeze when you live at 3181 Bayview Avenue because excellent green spaces like Bayview Arena, Bayview BMX Park and Bayview Arena Bike Park are walkable in under 6 minutes.

    Those who love to shop will appreciate all the options nearby with Bayview-Cummer Shopping Centre, Bayview Woods Plaza and Stride With Style just 5 minutes from here.

    Palace Gate Condos is a short drive away from Steelesview Public School, McKee Public School and Lillian Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Cummer Valley Middle School, Integral High School and Avondale Secondary Alternative School.

    Transportation

    For transit users, the nearest light transit stop is Bayview Ave At Finch Ave East North Side and is about a 0 minutes walk away. Finch Station isn’t within a close walking distance, but you can drive there in about 5 minutes.

    There are several similar condos in the area, such as 3237 Bayview Avenue, 1-170 Woody Vine Way and 18 Pemberton Avenue — all worth checking out.

    3

    Listings For Sale

    Interested in receiving new listings for sale?

    0

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    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
    7,547
    Average Individual Income
    $67,541
    Average Household Size
    0 persons
    Average Age
    3
    Average Household Income
    $115,442
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    58%
    Semi Detached
    19%
    Duplex
    14%
    Low Rise Apartment
    8%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Mandarin
    4%
    Cantonese
    5%
    Urdu
    1%
    Tamil
    3%
    English
    51%
    Gujarati
    1%
    Other
    34%
    Education
    High School
    28%
    Apprenticeship
    3%
    University and Above
    31%
    College
    17%
    University Below Batchelor
    3%
    None
    15%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    14%
    Architecture & Engineering
    19%
    Humanities
    5%
    Physical Sciences
    4%
    Math & Computer Sciences
    5%
    Social Sciences
    13%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%
    Business Management
    25%

    Price Trends

    Building Trends At Palace Gate Condos

    Days on Strata

    Units at Palace Gate Condos spend an average of
    22
    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
    10.4
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 6 condos in the Bayview Woods area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Palace Gate Condos offers the
    ?
    best value out of 6 condos in the Bayview Woods neighbourhood

    Appreciation Rank

    Palace Gate Condos has the
    ?
    highest ROI out of 6 condos in the Bayview Woods neighbourhood

    Rental Yield

    Palace Gate Condos yields the
    ?
    highest rent prices out of 6 condos in the Bayview Woods neighbourhood

    High Demand

    Palace Gate Condos is the
    ?
    most popular building out of 6 condos in the Bayview Woods neighbourhood

    Transaction Insights at 3181 Bayview Avenue

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,070,000 - $1,270,000$1,100,000 - $1,380,000No DataNo Data
    Avg. Cost Per Sqft$721$738No DataNo Data
    Avg. Wait for Unit Availability216 Days108 Days725 DaysNo Data
    Ratio of Units in Building31%61%6%3%

    Maintenance Fees

    Palace Gate Condos vs The Bayview Woods Area

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