8 Rean Drive, Unit 1505, Toronto, ON

$538,000
MLS#:C13713288
2 beds
2 baths
800-899 sqft
2.0 parking
Residential Condo & Other
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Added:Aug 26, 2026(3 days ago)
Updated:Aug 26, 2026(3 days ago)
Last Checked:12 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bayview Village. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $538,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Bright & Spacious Corner Unit! This beautifully upgraded 2-bedroom, 2-bathroom residence features 2 parking spaces, a functional layout, and abundant natural light throughout. Enjoy unobstructed views from all four sides with a desirable Northeast exposure. The Entire home has been thoughtfully updated, including New Painting, New Hardwood Flooring, Modern light fixtures, New bathroom vanities and toilets, and Contemporary appliances. A truly move-in-ready home offering everything a small family needs for comfortable living.Well-maintained building with water and hydro included. Prime location at Bayview & Sheppard, just minutes to Hwy 401, subway stations, shopping, restaurants, supermarkets, and everyday amenities. An excellent choice for those seeking comfort, convenience, and exceptional value in a highly accessible location.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 8 Rean Drive, Toronto is currently for sale and has been available on SousaSells for 3 days. This property is listed at $538,000 with an estimated mortgage of $1,791* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 8 Rean Drive, Toronto is in the Bayview Village neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bayview Village, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •800-899 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 26, 2026 (3 days ago)
UpdatedAug 26, 2026 (3 days ago)
Last Checked12 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,107.6

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 8 Rean Drive, Unit 1505, Toronto, ON

Q.What is the asking price for 8 Rean Drive, Unit 1505, Toronto, ON ?

The current listing price for 8 Rean Drive, Unit 1505, Toronto, ON in Bayview Village, Toronto is $538,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 800-899 sqft.

Q.What property type and architectural style is 8 Rean Drive, Unit 1505, Toronto, ON ?

8 Rean Drive, Unit 1505, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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8 Rean Drive, Unit 1505, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bayview Village, Toronto

SAFETY RATING9.0 / 10
Low Incident Area
Total Annual Incidents350 incidents / yr
Average Per Month29.2 incidents / mo
Population Benchmark30,037 residents
Personal Safety
Moderate

120 assaults (414.8/100k)

Property Security
Moderate

61 B&E (210.9/100k)

Auto Theft Risk
Elevated

79 thefts (273.1/100k)

1-Year Trend
â–Ľ 21.7%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Rean Drive 1505, Toronto, ON M2K 3B9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$161,400 (30.0%)
* Minimum Canadian down payment required for this price is $28,800.
Amortization Period30 Years
Estimated Monthly Payment$1,791Based on a loan of $376,600 over 30 years.
Purchase Price$538,000
Loan Amount$376,600
Provincial Land Transfer Tax:$7,235
Toronto Municipal Land Transfer Tax:$7,235
Total Estimated Closing Taxes:$14,470

About Purchasing a Home in Toronto, ON

For a property listed at $538,000 in Toronto, the legal minimum down payment is $28,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,235 also applies, bringing the total estimated land transfer taxes to $14,470.

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Bayview Village, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bayview Village, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,178,030

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Bayview Village, Toronto

Elementary Schools

St Gabriel
Public396 Spring Garden Avenue, North York, Toronto, Ontario, M2N 3H5
5.4
Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
6.9
St Andrew
Public131 Fenn Avenue, Toronto, Ontario, M2P 1X7
4.1
St Matthias
Public101 Van Horne Avenue, Toronto, Ontario, M2J 2S8
6.2
St Timothy
Public25 Rochelle Crescent, Toronto, Ontario, M2J 1Y3
6.9

Secondary Schools

York Mills
Public490 York Mills Road, Toronto, Ontario, M3B 1W6
9.0
Étienne-Brûlé
Public300 Banbury Road, Toronto, Ontario, M2L 2V3
7.2
Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
8.9
Cardinal Carter-Arts
Public36 Greenfield Avenue, North York, Toronto, Ontario, M2N 3C8
9.3
Lester B Pearson
Public7 Snowcrest Avenue, Toronto, Ontario, M2K 2K5
5.1

Bayview Village, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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