Maintenance Fees
Tao Condos vs The Doncrest Area
527 - 8763 Bayview Ave
$999,0003 bds3 ba2 pk1,700 sqft
For SaleTao Condos
5.0
42 Days on Strata
$999,000
3 Beds
3 Bath
2 Parking
1,700 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$1,587/mth
Taxes:
$6,995 (2024)
Cost Per Sqft:
$588/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North East
Possession Date:
90 days
Laundry:
Main
Amenities
BBQs Allowed
Indoor Parking
Concierge
Games Room
Party Room
Gym Room
Visitor Parking
About this Listing
Welcome to Tao Condos! This luxurious mid-rise condo offers three bedrooms and three baths spread out over 2 storeys. Over 1700 sqft plus 440 sqft outdoor space (3 balconies + terrace). Stepping through the front door, you'll be greeted by a magnificent view of the trees in the background, emphasized by the soaring 17 feet floor-to-ceiling windows. A spacious terrace allows you much opportunity for creating a small garden or hosting outdoors, while the bedroom beside can be transformed into the perfect work-from-home situation. The living room segues seamlessly to the dining room and kitchen, with unobstructed views from each room. Upstairs, there are two more bedrooms, each with ensuite bathroom. Underground, you'll conveniently have access to two side-by-side parking spots that are adjacent to the locker room. Ideally located close to restaurants, the highway, schools and entertainment, everything you'll need is just a short drive away.
forest hill real estate inc.MLS® #N11989341
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Kitchen
Combined with Dining, Stainless Steel Appliances, Granite Counter
11.94 x 19.49ft
Dining
Combined with Kitchen, Pantry, Walkout To Balcony
11.94 x 8.53ft
Living
Walkout To Terrace, Open Concept, Windows Floor to Ceiling
13.78 x 12.14ft
3rd Bedroom
3 Piece Bath, Large Window, Closet
10.24 x 7.25ft
Primary
5 Piece Ensuite, Walkout To Balcony, His/Hers Closets
14.93 x 11.55ft
2nd Bedroom
3 Piece Ensuite, Walkout To Balcony, Closet
10.83 x 12.53ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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.
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
Household Income
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%
Building Trends At Tao Condos
Days on Strata
Units at Tao Condos spend an average of
39
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Doncrest
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-16%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 12 condos in the Doncrest area
Sold Units
9
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
?
Market Insights
Transaction Insights at Tao Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $479,000 - $650,000 | $475,000 - $638,000 | $575,000 - $780,000 | No Data | $1,290,000 |
| Avg. Cost Per Sqft | No Data | $945 | $898 | $817 | No Data | $767 |
| Price Range | No Data | $2,300 | $2,380 - $2,650 | $2,800 - $3,050 | $2,950 | No Data |
| Avg. Wait for Unit Availability | No Data | 181 Days | 57 Days | 176 Days | 139 Days | 1533 Days |
| Avg. Wait for Unit Availability | 491 Days | 76 Days | 21 Days | 113 Days | 171 Days | No Data |
| Ratio of Units in Building | 2% | 17% | 54% | 13% | 15% | 2% |
Market Inventory
Total number of units listed and sold in Doncrest
