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    Richmond Hill / Doncrest

    531 - 8763 Bayview Ave

    For SaleTao Condos
    $599,000
    1 Bed + 1
    2 Bath
    1 Parking
    663 SQFT
    19 Days on Strata
    Est Sell Timeframe
    27 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $657/mth
    Taxes:
    $2,682 (2024)
    Cost Per Sqft:
    $903/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Beautifully Designed 1-Bedroom + Den Suite with BRAND NEW Flooring & FRESHLY Painted! Boasting A Functional Open-Concept Layout, Contemporary Finishes, And A Versatile Den Ideal For A Home Office Or Extra Living Space, This Suite Is Ideal For Professionals Or Couples. Residents Enjoy A Variety Of Top-Tier Amenities, Including A Fitness Center, Indoor Pool, Party Room, Rooftop Terrace, And 24-Hour Concierge, Offering A Luxurious And Carefree Lifestyle. Nestled In A Prime Location, This Property Is Steps Away From Richmond Hill's Vibrant Dining Scene, Boutique Shops, And Everyday Conveniences. Nearby Attractions Include Hillcrest Mall, Richmond Green Sports Centre And Park, And David Dunlap Observatory Park, Offering A Mix Of Leisure And Outdoor Activities. Easy Access To Major Highways And Public Transit Ensures Seamless Connectivity Across The GTA.

    ExtrasStainless Steel Fridge, Stove, Hood Fan, Built-In Dishwasher, Stacked Washer/Dryer And Window Covering.

    condowong real estate inc.MLS® #N11881668

    Amenities

    Concierge
    BBQs Allowed
    Indoor Parking
    Party Room
    Visitor Parking
    Games Room

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Tao Condos vs The Doncrest Area

    Building Trends At Tao Condos

    Days on Strata

    Units at Tao Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Tao Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Tao Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Tao Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Tao Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 8763 Bayview Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$475,000 - $650,000$575,000 - $780,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$883$817No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data147 Days56 Days176 Days147 Days1255 DaysNo Data
    Ratio of Units in Building2%16%56%13%14%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest