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1 / 0
New6 days ago

1505 - 8 Rean Drive

Bayview Village, Toronto

$538,000

Condo Apartment |
2 | 2 | 2 | 1
About this home

Bright & Spacious Corner Unit! This beautifully upgraded 2-bedroom, 2-bathroom residence features 2 parking spaces, a functional layout, and abundant natural light throughout. Enjoy unobstructed views from all four sides with a desirable Northeast exposure. The Entire home has been thoughtfully updated, including New Painting, New Hardwood Flooring, Modern light fixtures, New bathroom vanities and toilets, and Contemporary appliances. A truly move-in-ready home offering everything a small family needs for comfortable living.Well-maintained building with water and hydro included. Prime location at Bayview & Sheppard, just minutes to Hwy 401, subway stations, shopping, restaurants, supermarkets, and everyday amenities. An excellent choice for those seeking comfort, convenience, and exceptional value in a highly accessible location.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,022
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$3,108
mls© NumberC13713288
Listed ByBAY STREET GROUP INC.
CAC Included
Common Elements Included
Heat Included
Hydro 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%
$2,754
Property tax
$259
Heat allowance
$150
Condo fees, half counted
$511
Housing costs
$3,674 / mo

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

Down payment20% · $107,600
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,264 / mo
Cash down
$107,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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