A third floor, two-bedroom suite in central South Bayview has sold for 99% of its asking price. Suite 305 at 1387 Bayview Ave. (Bayview Ave. and McRae Dr) was listed at $379,000 and fetched $374,000. This is a life-lease building (not a condo), marketed to the 65+ crowd. The previous selling price in year 2000 was $270,000. The front door of the building is on McRae. The unit is 1,080 sq. ft. and comes with one parking space, one exclusive locker Maintenance fees: are $415 per month and taxes: $2,700 (2013) It was on the market 16 days. What They Got
16 days seems like a long time to sell. Most houses in my neighbourhood are gone in two or three days. Maybe condos are different.