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Ph 1501 - 2885 Bayview Avenue
Bayview Village, Toronto
$564,900
Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation. This landmark residence is nestled in the prestigious Bayview Village community. Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking. Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views, filling the space with morning light. The versatile Den can function as a home office or a second bedroom. The modern kitchen features quality cabinetry doors, Granite countertops, flowing seamlessly into the living and dining areas. Ensuite laundry (washer & dryer). This thoughtfully designed unit blends luxury and convenience. Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home. Direct stair access to Bayview Village Shopping Centre, home to Loblaws, Pusateris, Starbucks, Shoppers LCBO, major banks, and a variety of restaurants. Surrounded by top-rated schools, parks, and green space (Bayview Village Park, Hawksbury Park, Rean Park). Close to Hwy 401/DVP, YMCA, and major hospitals. Well-managed building with low monthly fees and fantastic Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study,amenities:24/7 Billiards, Huge outdoor terrace with BBQs & seating, Ample visitor parking (surface & underground).
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $514 |
| Locker | None |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,839 |
| mls© Number | C13843678 |
| Listed By | CENTURY 21 INNOVATIVE REALTY INC. |
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%
- $2,891
- Property tax
- $237
- Heat allowance
- $150
- Condo fees, half counted
- $257
- Housing costs
- $3,535 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,377 / mo
- Cash down
- $112,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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