27 Rean Dr 224
Bayview Village, North York, M2K 0A6
FOR SALE
$538,900
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Property Description
Welcome to Unit 224 at 27 Rean Drive, situated in the coveted Bayview Village area. This spacious 1-bedroom unit, covering 660 sq.ft., has been newly renovated and painted. It features brand new vinyl flooring throughout, fresh paint, and a new vanity in the bathroom. The practical layout includes a spacious open-concept living and dining area that leads to a serene private balcony. The large primary bedroom, with its generous window, invites abundant natural light and offers an en-suite feel with direct access to the bathroom.The building is conveniently located just steps from Bayview Village Shopping Mall, public transit, the subway station, IKEA, and various restaurants, with quick access to Hwy 401 at the Bayview entrance. This property is ideal for investors or first-time buyers, offering strong rental and resale potential. The condo has been meticulously maintained and exudes pride of ownership.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-07 | 2021-05-14 | 38 | $1,800 | $1,750 | Leased |
| 2021-03-02 | 2021-04-06 | 35 | $1,800 | - | Terminated |
| 2020-03-31 | 2020-04-14 | 14 | $2,000 | $2,000 | Leased |
| 2019-08-29 | 2019-09-11 | 13 | $2,000 | $2,000 | Leased |
Extras
Amazing Building Amenities Incl Concierge, Rooftop Patio With Bbq, Gym,Theatre & Party Rm.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,172 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (level B/113)
Garage Type
Other
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North York Market Statistics
North York Price Trend
27 Rean Dr 224 is a 1-bedroom 1-bathroom condo listed for sale at $538,900, which is $62,003 (10.3%) lower than the average sold price of $600,903 in the last 30 days (June 5 - July 4). During the last 30 days the average sold price for a 1 bedroom condo in North York increased by $9,866 (1.7%) compared to the previous 30 day period (May 6 - June 4) and down $38,382 (6.0%) from the same time one year ago.Inventory Change
There were 1,843 1-bedroom condos listed in North York over the last 30 days (June 5 - July 4), which is up 2.4% compared with the previous 30 day period (May 6 - June 4) and up 23.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($11,166) (1.9%) below asking price over the last 30 days (June 5 - July 4), which represents a $4,337 decrease compared to the previous 30 day period (May 6 - June 4) and ($1,211) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in North York over the last 30 days (June 5 - July 4) stood at 27.9%, down from 32.0% over the previous 30 days (May 6 - June 4) and down from 69.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 24 days when successfully sold over the last 30 days (June 5 - July 4), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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