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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • North York
  • Bayview Village
  • 27 Rean Drive
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  • Sold Sold in Jun 2025
  • Condo Apt

501 - 27 Rean Drive

North York, Bayview Village
  • 0 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 355,000
Listed Price: $ 355,000
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Key Facts About 501 - 27 Rean Drive, North York

  • Tax $1,752 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $511.09
  • Size 0 - 499 feet²
  • Listing # C12192482
  • Data Source PROPTX
  • Days on Market 4
  • Listed On 03/06/2025
  • Updated On 11/06/2025
  • Market Demand
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Description

Opportunity Knocks to own in one of North York's most sought after communities, New York Towers at Bayview Village! Located in the Daniel's built luxury Merci Building this rarely offered, sparkling clean sun filled oversized studio apartment at 497 Sqft, open concept floor plan-very functional, a modern kithen with granite counters, ceramic back-splash, high power exhaust hood, upgraded high end appliances, custom half inch solid Oak hardwood flooring, foyer in stone tiles, walk-out to oversized 6.4x20 ft balcony(great outdoor relaxation space

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Property Details of 501 - 27 Rean Drive, North York

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Bayview Village
  • Municipality North York

Inside

  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 0 - 499 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Concierge, Game Room, Gym, Party Room/Meeting Room, Rooftop ...View More

Parking

  • Drive Way None
  • Garage Type Underground
  • Garage 0
  • Total Parking Places 0

Land

  • Zoning Residential
  • Cross Street Bayview and Sheppard

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Our Estimate

See Real Estate Market Trends in North York

Estimated Rent

$ 2,264

Rental Yield

5.98%

School Score

8/10

Rental Score

5/5

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Rooms

Foyer
Level: Flat
Living Room
Level: Flat
Dining Room
Level: Flat
Kitchen
Level: Flat
Bathroom (4 pcs)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,080

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $511
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 501 - 27 Rean Drive, North York

**Discover Your Ideal Home at 27 Rean Drive, North York**

Opportunity knocks for discerning buyers seeking a remarkable living space in one of North York's most coveted communities. Presenting a stunning condo for sale in North York , this property is situated at 27 Rean Drive, North York, within the prestigious Bayview Village. This luxurious condo apartment, located in the renowned Daniel's built Merci Building, offers a unique chance to own a piece of this vibrant neighbourhood.

This oversized studio apartment spans an impressive 497 square feet, designed with an open concept floor plan that maximises functionality and comfort. The modern kitchen is a true highlight, featuring elegant granite countertops, a stylish ceramic backsplash, and a high-powered exhaust hood. Equipped with upgraded high-end appliances, this kitchen is perfect for both culinary enthusiasts and casual cooks alike. The flat layout ensures that the kitchen flows seamlessly into the living space, making it ideal for entertaining guests or enjoying a quiet evening at home.

The property boasts a generous balcony measuring 6.4 by 20 feet, providing an exceptional outdoor relaxation space. Imagine sipping your morning coffee or unwinding after a long day while taking in the fresh air. The apartment is adorned with custom half-inch solid oak hardwood flooring, adding a touch of sophistication to the living area. The foyer is beautifully finished with stone tiles, creating a welcoming entrance to your new home.

Storage will never be an issue in this condo for sale in North York, as it features two large double closets, ensuring ample space for all your belongings. Additionally, a locker is included, and rental parking spaces are typically available for those who require them. The building itself is a full-amenity boutique establishment, offering freshly renovated halls and a lobby that exudes modern elegance.

Residents of this exceptional building can enjoy a variety of amenities, including a concierge service, a rooftop deck terrace complete with barbecues, a serene courtyard, and a well-equipped gym. For social gatherings, the party and meeting rooms are perfect for hosting events, while the theatre and game rooms provide entertainment options for all ages.

The location of 27 Rean Drive, North York, is truly unbeatable. Just steps away from the subway, Loblaws, and the Bayview Village shopping centre, residents have easy access to a plethora of shopping and dining options. The proximity to the library and quick access to the 401 makes commuting a breeze, ensuring that you are well-connected to the rest of Toronto.

This condo for sale in North York is not just a home; it is an investment in a lifestyle filled with convenience and luxury. The Bayview Village community is known for its vibrant atmosphere and excellent amenities, making it an ideal place for both first-time buyers and seasoned investors. With its incredible value and rare availability, this property is not to be missed.

In summary, if you are looking for a condo for sale in North York that combines modern living with a prime location, look no further than 27 Rean Drive, North York. This sparkling clean, sun-filled oversized studio apartment is a rare find in a highly sought-after area. Seize the opportunity to own or invest in this remarkable property and experience all that Bayview Village has to offer. Don't delay; your dream home awaits!

Bayview Village, nestled in the heart of North York, is a charming and well-planned neighbourhood known for its blend of suburban tranquillity and urban convenience. Characterised by tree-lined streets, lush parks, and a variety of upscale shops and restaurants, it offers a serene environment for families and professionals alike. The area boasts excellent transport links, including easy access to the subway and major highways, making commuting to downtown Toronto a breeze. With its proximity to quality schools and recreational facilities, Bayview Village is an appealing choice for those seeking a balanced lifestyle in a vibrant yet peaceful setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Elkhorn Public School, just 0.4 km away, offering elementary education from Junior Kindergarten to Grade 5 in English. For middle school, Bayview Middle School is situated 1.0 km from the property, serving Grades 6 to 8. High school students can attend York Mills Collegiate Institute, located 1.9 km away, which caters to Grades 9 to 12. Additionally, St. Gabriel Catholic School, a highly-rated Catholic elementary school with a score of 5.3, is only 0.8 km away, while St. Joseph's Morrow Park Catholic Secondary School, boasting an impressive rating of 8.1, is 2.9 km from the property. For families interested in French-language education, Lester B Pearson Elementary School and St. Cyril Catholic School are available, although they are slightly farther at 2.8 km and 3.0 km, respectively. Overall, the area offers a diverse range of schooling options, ensuring quality education for children of all ages within a short distance from home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 1,385 residents, characterized by an average household size of 1.7. The community has a median age of 44 years and an average household income of $77,400, indicating a relatively stable economic environment. However, nearly 24.8% of the population falls under the low-income category. The housing market is notable, with an average property price of $652,000, and the area is exclusively composed of condominiums. A significant portion of the population, 55.08%, is single, while 25.76% of households include children, suggesting a mix of family structures. Immigrants make up a substantial 64.08% of the population, contributing to the area's cultural diversity. Additionally, 43.06% of residents are renters, highlighting a demand for rental properties. Educational attainment is high, with 85.84% of the population holding college or university degrees, although 33.19% are not in the labor force. This demographic snapshot indicates a vibrant, educated community with diverse living arrangements and economic challenges.

FAQs About 501 - 27 Rean Drive, North York

How many bathrooms does this property have?

This property features 1 bathroom(s) and 0 bedroom(s).

Does this 0 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 0 bed property in North York is 499.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 27 Rean Drive?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Underground garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $511.09.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

Information about heating system is not available.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 501 - 27 Rean Drive, North York

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Listing History

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