3181 Bayview Ave 302
Bayview Woods-Steeles, North York, M2K 2Y2
FOR SALE
$1,179,000
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Property Description
Palace Gate is in a league of its own. Built to an exacting standard by the city's finest builder Tridel, the build quality and sophistication resonates. The spectacular suite on offer features the perfect split floor plan with 1681 Square Feet spread over 2 spacious bedrooms and a den. Lovely finishes throughout including marble, granite and hardwood flooring. The Primary suite includes a walk in closet and spa-like ensuite bath. Peaceful North exposure overlooking the trees with a walk out from the kitchen to the balcony. Ample storage space with oversized closets and walk-ins. The luxurious common areas include the grand two-story marble lobby and the array of resort-like amenities. No lack of activities to keep you busy with a beautiful indoor pool, sauna, tennis court, gym and party room. Enjoy the landscaped grounds with an abundance of mature trees and manicured gardens. There is ample visitor parking and out of town guests can utilize one of the two guest suites. With only 169 suites and the smallest unit being over 1200 square feet the exclusivity resounds. Feels like a high end hotel with exceptional facilities and the concierge greets everyone by name. All inclusive condo fees in this superbly run building with property management by Tridel. The prime central North York location offers outstanding access to the finest amenities and shopping including Bayview Village and Fairview Mall. Easy access to major highways and some of the city's best parks. Don't miss out on this tremendous opportunity!
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Nearby Intersections
Bayview & Cummer (74)
Bayview & Finch (114)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1600-1799
Taxes
$4,896 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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North York Market Statistics
North York Price Trend
3181 Bayview Ave 302 is a 2-bedroom 2-bathroom condo listed for sale at $1,179,000, which is $412,926 (53.9%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in North York declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in North York over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 2-bedroom condos in North York over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in North York stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Connect Realty
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