Welcome To This Beautifully Renovated, Freshly Painted And Exceptionally Bright Approx. 1,215 Sq.Ft. Suite Featuring A Highly Desirable Split-Bedroom Layout For Maximum Comfort And Privacy. The Spacious Solarium Offers Excellent Flexibility And Can Easily Serve As A Third Bedroom, Home Office or Family Room. Enjoy An Oversized Private Balcony With Two Separate Walkouts-One From The Second Bedroom And Another From The Solarium. The Generous Primary Bedroom Features A Walk-In Closet And Private Ensuite. A Quiet, Well-Designed Suite Complete With Modern Finishes, Quality Appliances, Spacious Living And Dining Areas, Two Full Bathrooms And Exceptional flexibility with an additional enclosed room - ideal as a home office, family room or potential third bedroom.. A Rare And Functional Layout Offering Outstanding Space, Versatility And Comfortable Condo Living!
2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $475 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 8501 Bayview Ave #1011
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
8501 Bayview Ave #1011 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14084492$570,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8501 Bayview Ave #1011 Compares to the Richmond Hill 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 →
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
$2,800
/mo
based on the purchase price of $570,000
$114,000 cash
$456,000 financed
$384,072 total interest
Principal54%$456,000
Interest46%$384,072
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 Richmond Hill
Other 2-bed homes for sale in Richmond Hill around $570K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,258Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 821 sales from Jul 17 – Oct 15, 2026 (571 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
5 for sale at 8501 Bayview Ave — plus its sale and lease history.
8501 Bayview Ave #1011 is listed at $570,000 (MLS® N14084492). Summitly updates the price as soon as the MLS® record changes.
Is $570,000 a good price for 8501 Bayview Ave #1011?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Richmond Hill. 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 8501 Bayview Ave #1011 changed?
No — 8501 Bayview Ave #1011 is still listed at its original asking price of $570,000.
How many bedrooms and bathrooms does 8501 Bayview Ave #1011 have?
8501 Bayview Ave #1011 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Richmond Hill.
Is 8501 Bayview Ave #1011 close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 1.5 km (about a 18-minute walk) in a straight line. Richmond Hill GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 8501 Bayview Ave #1011?
About $2,800 a month — principal and interest on $570,000 with 20% down ($114,000), 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 8501 Bayview Ave #1011 compare with other homes in Richmond Hill?
Its asking price of $570,000 is about 50% below the median sold price in Richmond Hill over the last 90 days, $1,135,000, across 821 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 8501 Bayview Ave #1011 been sold before?
Summitly has no earlier MLS® sale or lease of 8501 Bayview Ave #1011 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8501 Bayview Ave #1011?
8501 Bayview Ave #1011 is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8501 Bayview Ave #1011 been on the market?
8501 Bayview Ave #1011 was listed today (October 15, 2026).
What is the price per square foot of 8501 Bayview Ave #1011?
About $407 to $475 per square foot: the asking price of $570,000 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 8501 Bayview Ave #1011 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
