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1107 - 8501 Bayview Avenue
Doncrest, Richmond Hill
$574,900
Welcome to 8501 Bayview Avenue, where space, comfort and convenience come together. This spacious 2-bedroom plus den suite offers the feeling of a home with the ease of condominium living.Enjoy a bright and generous layout with plenty of room for comfortable everyday living and entertaining. The open living and dining areas provide a welcoming space for family gatherings,while the versatile den offers the perfect option for a home office, reading area or additional living space. A private balcony extends your living area outdoors and provides a lovely place to enjoy your morning coffee or unwind at the end of the day.The well-maintained building offers an impressive range of amenities designed to make everyday life easier and more enjoyable, including concierge and security services, indoor and outdoor recreational facilities, a fitness centre, swimming pool, sauna, tennis and squash courts,party/meeting room, BBQ area and guest suites.Another standout feature is the convenience of having utilities included in the maintenance fees, offering added value and greater peace of mind.Ideally located in Richmond Hill's desirable Doncrest community, with easy access to Bayview Avenue, Highway 7, Hwy 404 and Hwy 407. Enjoy nearby shopping, restaurants, groceries, parks,schools, transit and everyday conveniences, all within easy reach.A spacious home in a well-established community, offering comfort, amenities and an exceptionally convenient Richmond Hill location.You are steps away from top-ranked schools, including Toronto Montessori School (Bayview campus)
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $1,415 |
| Locker | Ensuite |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Tandem |
| Property Tax | $2,450 |
| mls© Number | N13676148 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,943
- Property tax
- $204
- Heat allowance
- $150
- Condo fees, half counted
- $708
- Housing costs
- $4,004 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,419 / mo
- Cash down
- $114,980
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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