2885 Bayview Ave #Ph 1501 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $539,000. It has 600-699 sq ft of living space.
1Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking.
2Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views,filling the space with morning light.
3Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home.
Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation. This landmark residence is nestled in the prestigious Bayview Village community. Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking. Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views,filling the space with morning light. The versatile Den can function as a home office or a second bedroom. The modern kitchen features quality cabinetry doors, Granite countertops, flowing seamlessly into the living and dining areas. Ensuite laundry (washer & dryer). This thoughtfully designed unit blends luxury and convenience. Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home. Direct stair access to Bayview Village Shopping Centre, home to Loblaws, Pusateris, Starbucks, Shoppers, LCBO, major banks, and a variety of restaurants. Surrounded by top-rated schools, parks, and green space (Bayview Village Park, Hawksbury Park, Rean Park). Close to Hwy 401/DVP, YMCA, and major hospitals. Well-managed building with low monthly fees and fantastic amenities:24/7 Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study, Billiards, Huge outdoor terrace with BBQs & seating, Ample visitor parking (surface & underground).
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $898 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 2885 Bayview Ave #Ph 1501
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 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
2885 Bayview Ave #Ph 1501 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14110910$539,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2885 Bayview Ave #Ph 1501 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$2,648
/mo
based on the purchase price of $539,000
$107,800 cash
$431,200 financed
$363,184 total interest
Principal54%$431,200
Interest46%$363,184
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $539K.
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 listings12,357Homes 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
4 for sale · 6 for rent at 2885 Bayview Ave — plus its sale and lease history.
2885 Bayview Ave #Ph 1501 is listed at $539,000 (MLS® C14110910). Summitly updates the price as soon as the MLS® record changes.
Is $539,000 a good price for 2885 Bayview Ave #Ph 1501?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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 2885 Bayview Ave #Ph 1501 changed?
No — 2885 Bayview Ave #Ph 1501 is still listed at its original asking price of $539,000.
How many bedrooms and bathrooms does 2885 Bayview Ave #Ph 1501 have?
2885 Bayview Ave #Ph 1501 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 2885 Bayview Ave #Ph 1501 close to transit?
The nearest rapid-transit station is Bayview Station (Line 4), about 210 m (about a 3-minute walk) in a straight line. Bessarion Station is about 920 m (about a 12-minute walk), and Leslie Station is about 1.8 km (about a 23-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 2885 Bayview Ave #Ph 1501?
About $2,648 a month — principal and interest on $539,000 with 20% down ($107,800), 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 2885 Bayview Ave #Ph 1501 compare with other homes in Toronto?
Its asking price of $539,000 is about 36% 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 2885 Bayview Ave #Ph 1501 been sold before?
Summitly has no earlier MLS® sale or lease of 2885 Bayview Ave #Ph 1501 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2885 Bayview Ave #Ph 1501?
2885 Bayview Ave #Ph 1501 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2885 Bayview Ave #Ph 1501 been on the market?
