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New4 days ago

510 - 27 Rean Drive

Bayview Village, Toronto

$429,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to Merci Condos, a sought-after boutique mid-rise in the prestigious Bayview Village community. This beautifully updated suite features fresh paint, newer flooring, smooth ceilings, modern light fixtures, and kitchen fridge, stove and laundry appliances (2024). The bright, open-concept layout is complemented by a 4-piece bathroom, an oversized entry closet, separate laundry, and a private balcony. Enjoy premium amenities including a concierge, renovated lobby and hallways, rooftop terrace with BBQs, landscaped courtyard, fitness centre, party room, theatre, and games room. Just steps to Bayview Subway Station, Loblaws, Bayview Village Shopping Centre, the library, and minutes to Highway 401. An exceptional opportunity for first-time buyers, downsizers, or investors.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$679
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,292
mls© NumberC13626592
Listed ByPAUL ZAMMIT REAL ESTATE LTD.
Heat Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,196
Property tax
$191
Heat allowance
$150
Condo fees, half counted
$340
Housing costs
$2,876 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,800
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,805 / mo
Cash down
$85,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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