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    708 - 3181 Bayview Avenue

    For SalePalace Gate Condos
    $1,499,000
    2 Beds
    2 Bath
    1 Parking
    1,600 - 1,799 SQFT
    9 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $833 - $937/sqft
    Maintenance Fees:
    $1,164/mth
    Taxes:
    $4,118 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    32.81 x 12.99ft
    Dining
    Hardwood Floor, Combined with Living, O/Looks Ravine
    32.81 x 12.99ft
    Kitchen
    Hardwood Floor, Eat-In Kitchen, Centre Island
    21.98 x 9.84ft

    About this Listing

    Luxury living in this stunning south-facing unit at the prestigious "Palace Gate" by Tridel, where every window frames unobstructed ravine views. This residence epitomizes elegance and comfort in a serene setting. An oversized luxury kitchen awaits, complete with a practical island. Modern Egger panels and durable Blum hardware enhance its sleek design. Top-of-the-line Bosch appliances assure a premium cooking experience.Bask in the sun-filled spaciousness of the primary bedroom features a large walk-in closet for your wardrobe needs.the spa-like 5-piece ensuite bathroom includes Toto Toilets, Duravit bathtub, custom-made vanity and mirrored closet, meticulously designed to offer ample storage space for all your cosmetic items,premium Italian porcelain tiles enveloping the space. Enjoy the tranquil balcony accessible from the primary bedroom and living room, ideal for peaceful moments surrounded by greenery, with a coffee in hand.

    ExtrasBosch counter depth fridge, Bosch induction cooktop, Bosch Combination Oven, Bosch dishwasher, AVG insert hood, LG wash tower with heat pump dryer. All designer Lighting Fixtures. One parking and one locker included.

    first class realty inc.MLS® #C8246018


    Amenities

    Party Room
    Concierge
    Sauna
    Indoor Pool
    Indoor Parking
    Gym Room

    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
    $69,845
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $119,381
    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 (Primary Language)
    English
    69%
    Other
    9%
    Cantonese
    7%
    Mandarin
    6%
    Tamil
    5%
    Tagalog
    2%
    Urdu
    1%
    Gujarati
    1%
    Education
    University and Above
    31%
    High School
    28%
    College
    17%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Palace Gate Condos spend an average of
    41
    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
    10.5
    YEARS before being sold again

    Property Value

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

    Price Ranking

    3rd
    Highest price per SQFT out of 6 condos in the Bayview Woods area

    Sold Units

    7
    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$1,149,000 - $1,325,000$1,040,000 - $1,380,000No DataNo Data
    Avg. Cost Per Sqft$729$694No DataNo Data
    Avg. Wait for Unit Availability205 Days113 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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