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$348,888
DOM43days2885 Bayview Avenue · Toronto · Ontario M2K 0A3
43 days on market
The highly sought after 'ARC' by The Daniels Corporation. This very bright, clean and large studio unit (480 interior sq ft) is equipped with brand new premium LVP flooring and is ideally located right at Bayview Subway station and directly abutting the Bayview Village Mall - a dream location for both downtown commuters and those working from home. Minutes to the 401, and surrounded by excellent area amenities, this spacious and efficient studio model is equipped with 1 full washroom and will no…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE SIGNATURE REALTY
Source: TRREB/PROPTX · MLS® C13768606
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $15,883 | $1,324/mo |
| Government & taxes | ||
| Property tax | $2,187 | $182/mo |
| Land transfer tax(closing) | $3,708 | $309/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $3,489 | $291/mo |
| Condo fees | ||
| Condo / HOA fees | $4,200 | $350/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $40,127 | $3,344/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.