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    Richmond Hill / Doncrest

    506 - 8763 Bayview Ave

    For SaleTao Condos
    $629,000
    1 Bed + 1
    1 Bath
    2 Parking
    663 SQFT
    19 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $618/mth
    Taxes:
    $2,410 (2024)
    Cost Per Sqft:
    $949/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    March 18, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Large Window, Laminate
    0 x 0ft
    Dining
    Combined with Living, Laminate
    0 x 0ft
    Kitchen
    Built-in Appliances, Laminate
    0 x 0ft

    About this Listing

    This is it! Public Transit In Front Of Building. Walking Distance To Shopping, Grocery, Entertainment And Much More. Beautiful 1 Br + Den Condo W/2 Parking.10ft ceiling, Bright And Quiet East-Facing Balcony Overlooking Greenbelt And Ravine; No Obstructed View. Upgraded Luxurious S/S Chimney Range Hood, Fridge, B/I Dishwasher And B/I Stove. Upgraded Kitchen Backsplash And Hand Shower And Frameless Shower Glass Sliding Door. Custom Built-In Cabinetry.

    fenghill realty inc.MLS® #N11970830

    Amenities

    Indoor Parking
    Visitor Parking
    Gym Room
    Games Room
    Concierge
    Party 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
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    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

    -21%
    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

    8
    Units were Sold over the past twelve months

    Rented Units

    19
    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 Bed
    Price RangeNo Data$650,000$475,000 - $638,000$575,000 - $780,000No Data$1,290,000
    Avg. Cost Per SqftNo Data$847$889$817No Data$767
    Avg. Wait for Unit AvailabilityNo Data171 Days57 Days176 Days139 Days1533 Days
    Ratio of Units in Building2%17%54%13%15%2%

    Transactions vs Inventory

    Total number of units listed and sold in Doncrest