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    2885 Bayview Avenue

    4for Sale
    8for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    443
    Condo Completion:
    2009
    Condo Demand:
    High
    Unit Size Range:
    348 - 1,800 SQFT
    Unit Availability:
    Medium

    Listing History for ARC Condos

    Receive listing updates for Bayview Village

    Amenities

    Party Room
    Sauna
    Rec Room
    Business Centre
    Gym Room
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2885 Bayview AvenueARC Condos

    The ARC Condos may not be filled with two of every animal on the planet, however the shape of the building does resemble Noah’s infamous vessel, with its layered design and rounded shape. And while the biblical boat carried just eight humans, 2885 Bayview Avenue is much more practical, containing 443 Toronto condos in all.

    The 15-storey condo at 2885 Bayview was built in 2009 by Daniels Corporation, the innovative developer behind the TIFF Bell Lightbox and the redevelopment of Regent Park. Rental units in the building are even part of Daniels Home Investment Program, an initiative that allows renters to gradually earn money toward the purchase of a new home.

    The double-height lobby at 2885 Bayview contains a waterfall for style, as well as a 24-hour concierge for convenience. When residents want to decompress they can take a dip in the building’s indoor pool or hot tub, or sweat their stress away in the sauna or the gym. Those looking to be entertained can visit the ARC Condos’ theatre, Wi-Fi lounge, or games room, or they can even host a gathering for friends and family in the party room. What’s more, the building also boasts a meeting room, two guest suites, and a common terrace.

    The Suites

    Homes at 2885 Bayview are modestly sized, starting at around 400 and reaching to approximately 1,400 square feet. Single professionals and couples who don’t mind getting cozy can opt for the building’s studio suites, while the largest of units contains two bedrooms plus a den.

    In terms of interior design, the homes at 2885 Bayview are decidedly modern. Open concept kitchens and laminate and ceramic tile flooring can be found throughout the building, as well as custom cabinetry, quartz countertops, backsplashes made from imported porcelain tiles, and stainless steel kitchen appliances.

    The Neighbourhood

    For many residents, the best part of living at 2885 Bayview Ave is not having to cross the street in order to reach the Bayview Village Shopping Centre. Named after the neighbourhood of Bayview Village, this high-end mall is home to upscale boutiques, a range of cafés and eateries, a Toronto Public Library branch, and both a Loblaws and a Pusateri’s. The wide streets and large plots of land in Bayview Village have also allowed big-box stores to pop up in the neighbourhood, including IKEA, Canadian Tire, and Mountain Equipment Co-Op.

    The Don River also happens to run through Bayview Village, with the parks along its shores making great places for residents to get in touch with nature. Adventurous types can even explore the East Don River Trail, which extends from Steeles Avenue all the way down to York Mills Road.

    Transportation

    Between Bayview subway station and the 401, residents can get around the city with ease, whether they choose to drive or not. After walking just 3 minutes to the station at the corner of Bayview and Sheppard, residents can hop onto trains heading west toward the Yonge line.

    As for drivers, the 401 can be reached in just a few minutes via an on ramp on Bayview Avenue. Once here, a westbound trip to Pearson International Airport can take anywhere from 20 to 30 minutes, depending on the time of day. Those heading into the downtown core, on the other hand, can use the 401 to reach the Don Valley Parkway to the east.

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    Explore Bayview Village

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    4,807
    Average Individual Income
    $57,489
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $99,732
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    16%
    50 - 64
    24%
    65+
    20%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    27%
    $60,000+
    10%
    $90,000+
    4%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    61%
    Semi Detached
    17%
    Duplex
    13%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    50%
    Other
    24%
    Mandarin
    13%
    Tamil
    7%
    Urdu
    2%
    Tagalog
    2%
    Gujarati
    1%
    Punjabi
    1%
    Education
    High School
    29%
    University and Above
    24%
    None
    21%
    College
    17%
    University Below Batchelor
    4%
    Apprenticeship
    3%
    Major Field of Study
    Business Management
    32%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    9%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Education
    2%
    Personal, Protective & Transportation Services
    1%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    ARC Condos vs The Bayview Village Area

    Days on Strata

    Units at ARC Condos spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 36 condos in the Bayview Village area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

    ARC Condos offers the
    ?
    best value out of 36 condos in the Bayview Village neighbourhood

    Appreciation Rank

    ARC Condos has the
    ?
    highest ROI out of 36 condos in the Bayview Village neighbourhood

    Rental Yield

    ARC Condos yields the
    ?
    highest rent prices out of 36 condos in the Bayview Village neighbourhood

    High Demand

    ARC Condos is the
    ?
    most popular building out of 36 condos in the Bayview Village neighbourhood

    Transaction Insights at 2885 Bayview Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$486,000$613,888 - $642,000$653,000 - $720,000$680,000$745,000
    Avg. Cost Per Sqft$1,178$997$948$897$980
    Avg. Wait for Unit Availability107 Days62 Days24 Days222 Days268 Days
    Ratio of Units in Building12%23%52%9%6%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bayview Village