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    Toronto / North York / Bayview Village

    502 - 591 Sheppard Ave E

    For RentThe Village Residences
    $2,750/mth
    1 Bed + 1
    2 Bath
    1 Parking
    668 SQFT
    23 Days on Strata
    Est Lease Timeframe
    12 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Fan Coil

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    21 x 10.01ft
    Dining
    Laminate, Combined with Living, Led Lighting
    21 x 10.01ft
    Kitchen
    Laminate, Stainless Steel Appliances, Built-in Microwave
    21 x 10.01ft

    About this Listing

    Introducing the Bayview Village Condo, ideally located just steps from the subway and surrounded by luxury shopping, grocery stores, dining options, places of worship, and the YMCA. This exquisite 668 SF residence features a spacious den that can easily serve as a large bedroom, two well-appointed washrooms, and convenient parking. Enjoy quick access to the 401 and DVP, making commuting effortless. The primary bedroom and living/dining areas are enhanced with elegant roller shades. Additional amenities include a front-loading stacked washer and dryer, a party room, an exercise room, and a stunning rooftop terrace. Tenants are responsible for hydro and cable/internet, while water, garbage and parking are included in the rental.

    re/max realtron smart choice teamMLS® #C11823505

    Amenities

    Visitor Parking
    Rec Room
    Concierge
    Games Room
    Gym Room
    Bike Storage

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    Unknown
    Transit
    4/10
    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
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    16%
    50 - 64
    24%
    65+
    20%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    4%
    $125,000+
    1%
    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

    The Village Residences vs The Bayview Village Area

    Building Trends At The Village Residences

    Days on Strata

    Units at The Village Residences spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bayview Village

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 36 condos in the Bayview Village area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    The Village Residences offers the
    ?
    best value out of 36 condos in the Bayview Village neighbourhood

    Appreciation Rank

    The Village Residences has the
    ?
    highest ROI out of 36 condos in the Bayview Village neighbourhood

    Rental Yield

    The Village Residences yields the
    ?
    highest rent prices out of 36 condos in the Bayview Village neighbourhood

    High Demand

    The Village Residences is the
    ?
    most popular building out of 36 condos in the Bayview Village neighbourhood

    Transaction Insights at 591 Sheppard Avenue E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$610,000 - $652,000$700,000 - $790,000$735,000No Data
    Avg. Cost Per SqftNo DataNo Data$903$888$929No Data
    Avg. Wait for Unit AvailabilityNo Data126 Days62 Days181 Days154 DaysNo Data
    Ratio of Units in Building2%18%60%9%11%1%

    Transactions vs Inventory

    Total number of units listed and leased in Bayview Village