218 - 27 Rean Dr
For SaleMerci CondosEst Sell Timeframe 22 Days
$509,000
Price Cut: $539,000
1 Bed
2 Bath
1 Parking
657 SQFT
44 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$716/mth
Taxes:
$2,482 (2024)
Cost Per Sqft:
$775/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North
Possession Date:
November 23, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
14.67 x 10.11ft
Dining
Laminate, Combined with Living
14.67 x 10.11ft
Kitchen
Laminate, Granite Counter
10.99 x 7.74ft
About this Listing
****Power of Sale**** Vacant And Easy To Show. Great Opportunity. Open Concept One Bedroom With 4 Piece Ensuite Located In An Exceptional Condo Building. Ensuite Laundry. One Parking Space And One Locker. All The Amenities You Would Expect.
ExtrasGreat Location. Close To All Amenities. Short Walk To Sheppard Subway. Steps To Bayview Village Mall. All Taxes, Dimensions, Description & Maintenance to Be Verified By Purchaser/Purchaser's Agent. Property Is Sold "As Is Where Is".
century 21 fine living realty inc.MLS® #C9363779
Amenities
Concierge
Party Room
Rec Room
Rooftop Deck
Media Room
Security System
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
7/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Similar Listings
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
$57,489
Average Household Size
0 persons
Average Age
42
Average Household Income
$99,732
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 (Primary Language)
English
50%
Other
24%
Mandarin
13%
Tamil
7%
Urdu
2%
Tagalog
2%
Gujarati
1%
Punjabi
1%
Education
High School
29%
University and Above
24%
None
21%
College
17%
University Below Batchelor
4%
Apprenticeship
3%
Major Field of Study
Business Management
32%
Architecture & Engineering
19%
Health & Related Fields
13%
Social Sciences
9%
Math & Computer Sciences
7%
Humanities
4%
Physical Sciences
4%
Visual & Performing Arts
3%
Education
2%
Personal, Protective & Transportation Services
1%
Agriculture & Natural Resources
1%
Price Trends
Maintenance Fees
Merci Condos vs The Bayview Village Area
Building Trends At Merci Condos
Days on Strata
Units at Merci Condos spend an average of
23
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bayview Village
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
16th
Highest price per SQFT out of 36 condos in the Bayview Village area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
10
Units were Rented over the past twelve months
Best Value Rank
Merci Condos offers the best value out of 36 condos in the Bayview Village neighbourhood
?
Appreciation Rank
Merci Condos has the highest ROI out of 36 condos in the Bayview Village neighbourhood
?
Rental Yield
Merci Condos yields the highest rent prices out of 36 condos in the Bayview Village neighbourhood
?
High Demand
Merci Condos is the most popular building out of 36 condos in the Bayview Village neighbourhood
?
Transaction Insights at 27 Rean Drive
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $465,000 - $549,500 | $578,000 - $650,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $933 | $830 | No Data | No Data |
Price Range | $2,150 | $2,300 - $2,700 | $2,800 | $2,600 | No Data |
Avg. Wait for Unit Availability | 460 Days | 62 Days | 63 Days | 208 Days | No Data |
Avg. Wait for Unit Availability | 275 Days | 44 Days | 51 Days | 264 Days | No Data |
Ratio of Units in Building | 6% | 41% | 44% | 10% | 1% |
Transactions vs Inventory
Total number of units listed and sold in Bayview Village