MLS® listing
1 Rean Drive 2503: condo for sale
$575,000
From the listing brokerage
Welcome to The Chrysler at 1 Rean Drive. Discover a bright and inviting 1-bedroom + large den suite in one of Bayview Villages most sought after communities. Freshly painted and thoughtfully designed with a spacious layout, this home offers a sun-filled solarium and beautiful, unobstructed north views perfect for relaxing or entertaining. The large den easily functions as a home office or second bedroom, providing flexibility for modern living. Enjoy the comfort and convenience of one parking space (conveniently located right by the elevator!) and one locker, plus an impressive array of building amenities including a 24-hour concierge, fitness centre, indoor pool, sauna, party and media rooms, guest suites, and ample visitor parking.Situated steps from Bayview Village Shopping Centre, Bayview Subway Station, and the YMCA, you'll love the easy access to upscale shopping,dining, parks, and transit. Quick access to Highway 401 makes commuting a breeze. A rare opportunity to live in a premier building where comfort, convenience, and lifestyle meet - make this lovely suite your next home. PLEASE NOTE THAT SOME IMAGES HAVE BEEN VIRTUALLY STAGED
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $799 |
| Property tax | $2,722 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Building Insurance Included, Common Elements Included, Water Included, Hydro Included, Heat Included, CAC Included, Parking Included |
| Balcony | None |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | None |
| Floor | 25 |
Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS® C13850636.
More about 1 Rean Drive: every unit for sale in the building, fees and amenities
About this condo apartment
1 Rean Drive 2503 is a 3 bedroom condo apartment in TRREB's Bayview Village community in North York, listed for sale at $575,000. The listing shows 2 bathrooms and 700-799 square feet. The unit faces north. It comes with 1 parking space and a locker (owned) according to the listing. The nearest main intersection given is Bayview and Sheppard.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 1 Rean Drive 2503
At the asking price of $575,000, a buyer in the City of Toronto pays two land transfer taxes on closing. North York is inside the City, so both apply.
| Asking price | $575,000 |
|---|---|
| Ontario land transfer tax | $7,975 |
| Toronto municipal land transfer tax | $7,975 |
| Both taxes | $15,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $32,500 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $799 a month |
|---|---|
| Property tax (2025) | $2,722 a year, about $227 a month |
| Fee and tax together | about $1,026 a month |
The listing says the maintenance fee includes building insurance, upkeep of the common elements, water, hydro, heat, central air conditioning and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Maintenance fees are set each year in the condo corporation's budget and can go up. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 180 condo apartment sales in district Toronto C15 in Q2 2026, at a median of $530,000 and an average of $588,484. This unit is listed at $575,000, which is $45,000 above that median. In August 2026 the district had 52 condo apartment sales at a median of $561,950.
A district median covers every size and age of unit, so it is a reference point and not a valuation of this home. Size, floor, parking, condition and the building's finances all move the price. Our North York condo prices page has the figures for every district.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented, and get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and whether it calls for higher contributions.
- Get your financing in writing. A lender looks at the fee and the property tax as well as the price.
- See it in person. photos do not show noise, light at different hours or the state of the hallways and elevators.
Our guide to buying a condo in North York walks through each step.
About Bayview Village
This is one TRREB community on Sheppard Avenue East, with Bayview, Bessarion and Leslie stations on Line 4. It recorded 83 condo apartment sales and 15 condo townhouse sales in the second quarter of 2026 (TRREB).
Transit: Line 4 Sheppard at Bayview, Bessarion and Leslie stations. Oriole GO on the Richmond Hill line is at 3300 Leslie Street
| TRREB figure | Median | Sales and average |
|---|---|---|
| Condo apartments, Toronto C15 (includes Bayview Village), Q2 2026 | $530,000 | 180 sales, average $588,484 |
| All home types, Bayview Village, Q2 2026 | $622,500 | 118 sales, average $943,563. 83 were condo apartments and 15 were condo townhouses |
| Condo apartments, Toronto C15, August 2026 | $561,950 | 52 sales, average $619,237 |
| Condo townhouses, Toronto C15, August 2026 | $732,500 | 14 sales, average $738,843 |
Questions about Bayview Village
How much do condos cost in Bayview Village?
TRREB reports condo-only prices for the district, not the community. In the second quarter of 2026 Toronto C15 had 180 condo apartment sales with a median of $530,000 and an average of $588,484. Bayview Village supplied 83 of those 180 sales.
Is Bayview Village on the subway?
Yes. Line 4 Sheppard has three stations here: Bayview at 550 Sheppard Avenue East, Bessarion at 731 Sheppard Avenue East and Leslie at 1209 Sheppard Avenue East. Line 4 meets Line 1 at Sheppard-Yonge station.
Is there a GO station in Bayview Village?
Oriole GO is at 3300 Leslie Street on the Richmond Hill line. The TTC names it on its Leslie station page. We did not research service frequency, so check the GO schedule.
Are there separate prices for the Bessarion or Leslie area?
No. The area around Bessarion and Leslie stations falls inside the TRREB community Bayview Village and the City neighbourhood of the same name. Neither TRREB nor the census profile reports it separately, so the Bayview Village figures apply.
Are there condo townhouses in Bayview Village?
Yes. TRREB recorded 15 condo townhouse sales in Bayview Village in the second quarter of 2026. Across district Toronto C15 there were 14 condo townhouse sales in August 2026 with an average price of $738,843.
Where is the library in Bayview Village?
The Toronto Public Library branch is inside the Ethennonnhawahstihnen' Community Recreation Centre & Library at 100 Ethennonnhawahstihnen' Lane. The library lists the branch as formerly Bayview.
What is a reserve fund study and why does it matter?
The Condominium Authority of Ontario describes a reserve fund as an account kept solely for major repairs and replacements of common elements. A study must be done within the first year after registration, then at least every three years. The status certificate includes a statement on the most recent study.
Read the Bayview Village condo guide · All Bayview Village condos for sale
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Questions about 1 Rean Drive 2503
How much is land transfer tax on 1 Rean Drive 2503?
At the asking price of $575,000 the Ontario tax is $7,975 and the Toronto tax is $7,975, $15,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1 Rean Drive 2503?
$32,500 at the asking price of $575,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1 Rean Drive 2503?
The listing shows $799 a month, including building insurance, upkeep of the common elements, water, hydro, heat, central air conditioning and parking. Check the current fee in the status certificate.
How much is the property tax on 1 Rean Drive 2503?
The listing shows $2,722 a year for 2025, about $227 a month.
Is 1 Rean Drive 2503 priced above or below the area median?
It is listed at $575,000. The Q2 2026 median for condo apartments in TRREB district Toronto C15 was $530,000 across 180 sales, so the asking price is $45,000 higher. The median covers all unit sizes.
How do I book a showing for 1 Rean Drive 2503?
Use the button on this page or call us. Quote MLS® C13850636. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1 Rean Drive 2503 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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