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Listed 1 month ago

1414 - 8501 Bayview Avenue

Doncrest, Richmond Hill

$589,500

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Bright and spacious corner suite in the prestigious Bayview Place featuring approximately 1,352 sq. ft. of well-designed living space. This sun-filled unit offers 2 split bedrooms, 2 full bathrooms, a versatile solarium ideal for a home office or den, and an open balcony with stunning unobstructed northwest sunset views. Functional layout with floor-to-ceiling windows, 9-ft ceilings, and an inviting living/dining area perfect for entertaining.Updated eat-in kitchen with granite counters, pot lights, newer appliances, engineered hardwood flooring, fresh paint, renovated bathrooms, ensuite laundry, and generous storage throughout. Spacious primary bedroom includes a walk-in closet and private balcony access. Well-maintained luxury building with 24-hour gatehouse security and resort-style amenities including outdoor pool, jacuzzi, fitness centre, tennis & squash courts, billiards, party room, sauna, and beautifully renovated lobby/common areas. Prime Richmond Hill location close to Hwy 404, 407 & Hwy 7, GO Transit, Viva Hub, parks, schools, shopping, restaurants, and ravine trails. Includes 1 parking and 1 locker. Exceptional value in a highly sought-after community shows beautifully! Building is currently undergoing renovations, including replacement of all corridor carpeting with new upgraded flooring.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1200-1399 sq. ft.
Maintenance Fees$1,422
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,462
mls© NumberN13483230
Listed ByRE/MAX REAL ESTATE CENTRE INC.
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included
Cable TV Included

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%
$3,017
Property tax
$205
Heat allowance
$150
Condo fees, half counted
$711
Housing costs
$4,084 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,900
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,481 / mo
Cash down
$117,900

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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