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    for rent
    51 Days on Strata
    Est Lease Timeframe:
    17 Days

    506 - 2885 Bayview Ave

    $2,350/mth
    Price Increase: $0
    1 Bed + 1
    1 Bath
    0 Parking
    614 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Property Type:
    Condo
    Possession Date:
    Oct 20
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    Balcony
    Laundry:
    None
    Locker:
    None
    Exposure:
    East

    Amenities

    Guest Suites
    Indoor Parking
    Party Room
    Indoor Pool
    Gym
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Luxury Arc Condo Excellent Location, Walk Distance To Subway, Bayview Village, Easy Access To 401, Very Well Kept. Unobstructed East Facing 1 Bdrm +1 With Spacious Finished Balcony. Fantastic Layout. Highly Desired Floor Plan. 9Ft Ceiling. Floor To Ceiling Windows W/ Hunter Douglas Custom Window Coverings. Brand New Vinyl Floor. Pot Lights, Upgraded Granite Counter Top And Kitchen Cabinets. Pots And Pans Drawer. Upgraded Front-Load LG Washer & Dryer. Some Furniture included.

    real home canada realty inc.MLS® #C12439015

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Not Included
    Heating Type
    Fan Coil
    Heat Source
    Electric
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    13.39 x 10.01ft
    Combined with Dining, Vinyl Floor, Large Window
    Dining
    13.39 x 10.01ft
    Combined with Living, Vinyl Floor
    Kitchen
    11.81 x 9.51ft
    Granite Counter
    Bedroom
    12.5 x 9.22ft
    Large Closet, Large Window
    Den
    6.56 x 5.91ft
    Open Concept

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Bayview Village

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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!'


    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%


    Days on Strata

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

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    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
    5.8
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 48 condos in the Bayview Village area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    48
    Units were Rented over the past twelve months

    Best Value Rank

    ARC Condos offers the
    ?
    best value out of 48 condos in the Bayview Village neighbourhood

    Appreciation Rank

    ARC Condos has the
    ?
    highest ROI out of 48 condos in the Bayview Village neighbourhood

    Rental Yield

    ARC Condos yields the
    ?
    highest rent prices out of 48 condos in the Bayview Village neighbourhood

    High Demand

    ARC Condos is the
    ?
    most popular building out of 48 condos in the Bayview Village neighbourhood

    Market Insights

    Transaction Insights at ARC Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$1,900 - $2,150$2,150 - $2,500$2,400 - $2,800$2,850$2,800 - $3,000
    Avg. Wait for Unit Availability48 Days22 Days14 Days114 Days145 Days
    Ratio of Units in Building12%24%52%8%6%

    Market Inventory

    Total number of units listed and leased in Bayview Village