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New1 day 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.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
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.

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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%
$2,124
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

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