8 Rean DrUnit 501
2Beds
2Bath
900SQFT
SOLD
Sold for $625,000
900SQFT
8 Rean DrUnit 501
SOLD
Sold for $625,000
2Beds
2Bath
900SQFT
Walk Score
81
Transit Score
71
Bike Score
38
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo
Developer
Daniels Corporation
Condo Completion
2003
Property Management
Maple Ridge Community Management
Unit Size Range
473 - 2537 SQFT
Number of Units
529
Number of Storeys
20
List Price
$639,000
Sold per SQFT for
$694/sqft
Total Days on Market
44
Maintenance
$779/mth
Taxes
$2,267
Property Type
Condo
CONDO Demand
high
Unit Availability
Above Average
Locker
Yes
Parking
Yes
Outdoor Space
Open
Exposure
North West

2 Rean Dr | Unit #501 at NY Towers- The Waldorf

Listing Summary

SOLD! Unit #501 at 8 Rean Dr sold for $625,000 on the 16th of July, 2021, down $14,000 from the list price of $639,000, or 2.2% below the list price, with 44 days on market. if you have any questions about this unit or building!

About the Property

Welcome To 8 Rean Dr #501 In Daniel's New York Tower In Prime North York Location. Very Bright & Spacious Corner Unit W/ Tasteful Color & Decor. Split Two Bedroom, Functional Layout W/ Large Balcony, Lovely Garden View. Excellent Club Facilities, Roof Top Gardens. Step To Subway & Bayview Village, Loblaws & Public Transits.

Extras

Fridge, Stove, B/I Dishwasher, Washer & Dryer, All Window Coverings, Elf's. Tandem Parking For 2 Cars, 1 Locker Included.

Brokerage: century 21 king`s quay real estate inc., brokerageMLS® #C5258155

Market Temperature
Buyer's Market
Balanced
Seller's Market

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20
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Tuesday
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Wednesday
22
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Travel Times

Room Dimensions

AreaFeet | MetersDetails
Living13.52 x 10.47ftWood Floor, Combined with Dining, Large Window
Dining13.52 x 10.47ftWood Floor, Combined with Living, Large Window
Kitchen14.11 x 7.55ftCeramic Floor, Eat-In Kitchen, Walkout To Balcony
Master10.99 x 10.83ftWood Floor, 4 Piece Ensuite, Double Closet
2nd Bedroom11.78 x 7.94ftWood Floor, Walkout To Balcony, Walk-in Closet
Foyer7.55 x 6.89ftCeramic Floor, Closet, 3 Piece Bath

Maintenance Fees Cover

Maintenance Fees Include

Hydro
Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

None

Amenities

Recreation Room
Party/Meeting Room
Security System
Gym
Guest Suites
Concierge
Visitor Parking
BBQ
Underground Parking
Indoor Pool
Media Room
Sauna

Listing History for Unit 501

Stats, Trends & Rankings

Price Per Square Foot
NY Towers- The Waldorf vs The Bayview Village Area

$54.00
Less Expensive
per SQFT compared to the neighbourhood average
NY Towers- The Waldorf's Avg
price per SQFT
$786
/ SQFT
Neighbourhood Avg
price per SQFT
$840
/ SQFT

Building Trends At NY Towers- The Waldorf

Days on Market

Units at NY Towers- The Waldorf spend an average of
17
Days on Market
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 a

HIGH
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
3.4
YEARS before being sold again

Property Value

0%
Increase in property value within the past twelve months

Price Ranking

20th
Highest price per SQFT out of 30 condos in the Bayview Village area

Sold Units

33
Units were Sold over the past twelve months

Rented Units

61
Units were Rented over the past twelve months

Best Value

NY Towers- The Waldorf offers the
?
best value out of 30 condos in the Bayview Village neighbourhood

Return on Investment

NY Towers- The Waldorf has the
?
highest ROI out of 30 condos in the Bayview Village neighbourhood

Rental Yield

NY Towers- The Waldorf yields the
?
highest rent prices out of 30 condos in the Bayview Village neighbourhood

High Demand

NY Towers- The Waldorf is the
?
most popular building out of 30 condos in the Bayview Village neighbourhood

Sales vs Rental Values For This Condo

1 Bed556 - 700 SQFT
Average Cost Per Sqft$809
Sales Price Range$480,000 - $580,000
Rental Price Range$1,600 - $1,975
1 Bed + Den629 - 832 SQFT
Average Cost Per Sqft$797
Sales Price Range$545,000 - $650,000
Rental Price Range$1,825 - $2,200
2 Bed880 - 1281 SQFT
Average Cost Per Sqft$681
Sales Price Range$610,000 - $854,000
Rental Price Range$2,050 - $2,500
2 Bed + Den960 - 1431 SQFT
Average Cost Per Sqft$682
Sales Price Range$640,000 - $735,000
Rental Price Range$2,300 - $3,500
3 Bed1040 - 2300 SQFT
Average Cost Per Sqft$618
Sales Price Range$743,000 - $1,280,000
Rental Price Range$2,600 - $2,600

How Often Are Units Listed?

1 Bed556 - 785 SQFT
Average Sales Availability
Every26Days
Average Rental Availability
Every18Days
Ratio of Unit Type in Building43%
1 Bed + Den612 - 843 SQFT
Average Sales Availability
Every63Days
Average Rental Availability
Every44Days
Ratio of Unit Type in Building19%
2 Bed715 - 1331 SQFT
Average Sales Availability
Every69Days
Average Rental Availability
Every79Days
Ratio of Unit Type in Building19%
2 Bed + Den925 - 1930 SQFT
Average Sales Availability
Every88Days
Average Rental Availability
Every55Days
Ratio of Unit Type in Building17%
3 Bed1040 - 2537 SQFT
Average Sales Availability
Every242Days
Average Rental Availability
Every404Days
Ratio of Unit Type in Building4%
3 Bed + Den1717 - 2450 SQFT
Average Sales Availability
Every858Days
Average Rental Availability
N/A
Ratio of Unit Type in Building1%

Maintenance Fees
NY Towers- The Waldorf vs The Bayview Village Area

$0.07
More Expensive
per SQFT compared to the neighbourhood average
NY Towers- The Waldorf's Avg
monthly maintenance
fee per SQFT
$0.79
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.72
/ SQFT

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