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Listed 10 days ago

524 - 27 Rean Drive

Bayview Village, Toronto

$415,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Quiet yet urban 27 Rean Drive offers the best version of Bayview Village. A very convenient location set inside a boutique, well-maintained building that feels calm, safe, and comfortable to come home to.The layout is exactly what you'd want in a condo: spacious and efficient with no wasted space. The south-facing exposure brings in natural light, while the kitchen offers more functionality than expected, with useful counter space, ample cabinet space, and a breakfast bar. What makes this suite stand out is the complete package. Parking is included! A decent-sized locker is included! And the location is impossible to beat, steps to Bayview Village Shopping Centre, Bayview Subway Station, dining, groceries, daily essentials, and only a short drive to the 401. Merci Condos offers fantastic amenities, including a gym, a rooftop deck with BBQs, a movie theatre, a party room, and concierge service.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$637
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,172
mls© NumberC13763062
Listed ByRE/MAX WEST REALTY INC.
Water Included
Common Elements Included
Parking Included
CAC Included
Building Insurance 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%
$2,124
Property tax
$181
Heat allowance
$150
Condo fees, half counted
$319
Housing costs
$2,774 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

Bayview Village
Condo apartment · June – August 2026
Cool

For condo apartment listings, Bayview Village is currently leaning buyers' way — there is more choice and more room to negotiate. Over June – August 2026, homes here typically sold in about 37 days and fetched 90% of the asking price. Buyer competition is running hotter than the same months last year.

Demand
0.39
Avg days on market
37 d
Sale-to-list
90%
Price change (YoY)
-3%

Based on 91 sales

Market balance
Condo Apartment sales vs new listings in Toronto C15 · last 3 months

0.40

Buyer's market

Buyer'sSeller's
Days on market
Condo Apartment in Toronto C15

40days

+5 days vs the same month last year

Average sold price
Condo Apartment in Toronto C15 · last 12 months

$607,560

+2.1% vs a year ago

Nearby listings

Comparable sales

  • No similar listings found.