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    NY Towers- The Waldorf
    by Daniels Corporation

    2 Rean Drive & 8 Rean Drive

    4for Sale
    4for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    529
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    510 - 2,537 SQFT
    Unit Availability:
    Medium
    Property Management:
    Maple Ridge Community Management

    Listing History for NY Towers- The Waldorf

    Amenities

    Visitor Parking
    BBQ
    Indoor Pool
    Sauna
    Rec Room
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2 Rean DriveNY Towers- The Waldorf

    Anyone who’s seeking a Toronto condo for sale should definitely consider NY Towers- The Waldorf at 2 Rean Drive, 8 Rean Drive. Daniels Corporation completed this building back in 2003, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.86 per-square-foot. The building is 20 storeys tall and is home to 529 suites. Units start at 510 square feet on the low end, and can go up to 2537 square feet.

    This condo has a Walk Score of 81 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 2 Rean Drive, 8 Rean Drive are $0.86 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for units at 2 Rean Drive, 8 Rean Drive is $819, based on the past 12 months of sales, and units tend to sell within 22 days of being listed. 26 units have been rented in the previous 12 months, and 16 units have been sold. Suites often sell for 0.28% above the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as EwuraAmma's Delight, Beauty Eats and Parcheggio are all within 5 minutes walking distance from 2 Rean Drive, 8 Rean Drive. With cafes such as bloomer's Bayview Village, Starbucks and Lettieri Espresso Bar & Cafe only a short 8-minute walk away, grabbing a coffee while living at NY Towers- The Waldorf is a breeze.

    Grocery shopping can feel like a chore — but not when Pusateri's Fine Foods and Loblaws are just an easy 9-minute walk away.

    Residents here can stop by Hana Bank Canada - Bayview Br. and RBC Royal Bank on their way home from work, so they can take care of their financial needs.

    Getting some fresh air is a breeze when you live at 2 Rean Drive, 8 Rean Drive because excellent green spaces like Rean Park and Kenaston Gardens Parkette are walkable in under 4 minutes.

    Those who love to shop will appreciate all the options nearby with Bayview Village Shopping Centre, Stride With Style and Wycliffe Square Plaza just 2 minutes from here.

    When the weekend rolls around, New Art & Design and ALBA-AVIS GALLERY are within a short 4-minute drive away.

    NY Towers- The Waldorf is a short drive away from Central Montessori & Private French School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Newton International College, Earl Haig Secondary School and Webtree Academy | Private High School Toronto can be reached by car in under 5 minutes.

    Transportation

    For transit users, the nearest light transit stop is Sheppard Ave East At Barberry Pl and is about a 4 minutes walk away. Bayview station is only 0 minutes walking distance from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 1-140 Scenic Mill Way, 19 Barberry Place and 1 Rean Drive.

    4

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    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
    $51,701
    Average Household Size
    0 persons
    Average Age
    6
    Average Household Income
    $89,690
    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
    Urdu
    1%
    Tamil
    5%
    English
    33%
    Gujarati
    1%
    Tagalog
    1%
    Mandarin
    8%
    Indigenous Language
    34%
    Other
    17%
    Education
    High School
    29%
    Apprenticeship
    3%
    University and Above
    24%
    College
    17%
    University Below Batchelor
    4%
    None
    21%
    Major Field of Study
    Personal, Protective & Transportation Services
    1%
    Health & Related Fields
    13%
    Architecture & Engineering
    19%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    7%
    Social Sciences
    9%
    Education
    2%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    32%

    Price Trends

    Building Trends At NY Towers- The Waldorf

    Days on Strata

    Units at NY Towers- The Waldorf spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    3.3
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 35 condos in the Bayview Village area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    25
    Units were Rented over the past twelve months

    Best Value Rank

    NY Towers- The Waldorf offers the
    ?
    best value out of 35 condos in the Bayview Village neighbourhood

    Appreciation Rank

    NY Towers- The Waldorf has the
    ?
    highest ROI out of 35 condos in the Bayview Village neighbourhood

    Rental Yield

    NY Towers- The Waldorf yields the
    ?
    highest rent prices out of 35 condos in the Bayview Village neighbourhood

    High Demand

    NY Towers- The Waldorf is the
    ?
    most popular building out of 35 condos in the Bayview Village neighbourhood

    Transaction Insights at 2 Rean Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$565,000 - $590,000$650,000 - $665,000$714,000 - $1,100,000$740,000 - $900,000$880,000No Data
    Avg. Cost Per Sqft$958$872$769$735$854No Data
    Avg. Wait for Unit Availability29 Days70 Days84 Days99 Days323 Days723 Days
    Ratio of Units in Building43%20%18%16%4%1%

    Maintenance Fees

    NY Towers- The Waldorf vs The Bayview Village Area

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