27 Rean Dr #524 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $389,000. It has 500-599 sq ft of living space.
1Quiet yet urban 27 Rean Drive offers the best version of Bayview Village.
2The south-facing exposure brings in natural light, while the kitchen offers more functionality than expected, with useful counter space, ample cabinet space, and a breakfast bar.
No offer that on this. Quiet yet urban 27 Rean Drive offers the best version of Bayview Village. A very convenient location set inside a boutique, well-maintained building that feels calm, safe, and comfortable to come home to.The layout is exactly what you'd want in a condo: spacious and efficient with no wasted space. The south-facing exposure brings in natural light, while the kitchen offers more functionality than expected, with useful counter space, ample cabinet space, and a breakfast bar. What makes this suite stand out is the complete package. Parking is included! A decent-sized locker is included! And the location is impossible to beat, steps to Bayview Village Shopping Centre, Bayview Subway Station, dining, groceries, daily essentials, and only a short drive to the 401. Merci Condos offers fantastic amenities, including a gym, a rooftop deck with BBQs, a movie theatre, a party room, and concierge service.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $778 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 27 Rean Dr #524
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
27 Rean Dr #524 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,911
/mo
based on the purchase price of $389,000
$77,800 cash
$311,200 financed
$262,112 total interest
Principal54%$311,200
Interest46%$262,112
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1-bed homes for sale in Toronto around $389K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,607Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 2 for rent at 27 Rean Dr — plus its sale and lease history.
27 Rean Dr #524 is listed at $389,000 (MLS® C14112072). Summitly updates the price as soon as the MLS® record changes.
Is $389,000 a good price for 27 Rean Dr #524?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 27 Rean Dr #524 changed?
No — 27 Rean Dr #524 is still listed at its original asking price of $389,000.
How many bedrooms and bathrooms does 27 Rean Dr #524 have?
27 Rean Dr #524 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 27 Rean Dr #524 close to transit?
The nearest rapid-transit station is Bayview Station (Line 4), about 430 m (about a 5-minute walk) in a straight line. Bessarion Station is about 480 m (about a 6-minute walk), and Leslie Station is about 1.4 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 27 Rean Dr #524?
About $1,911 a month — principal and interest on $389,000 with 20% down ($77,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 27 Rean Dr #524 compare with other homes in Toronto?
Its asking price of $389,000 is about 54% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 27 Rean Dr #524 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 27 Rean Dr #524 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 27 Rean Dr #524?
27 Rean Dr #524 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 27 Rean Dr #524 been on the market?
27 Rean Dr #524 was listed today (October 23, 2026).
What is the price per square foot of 27 Rean Dr #524?
About $649 to $778 per square foot: the asking price of $389,000 over the 500–599 sq ft the listing gives as its size range.
Does 27 Rean Dr #524 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
