230-8763 Bayview Avenue, Richmond Hill, ON

Doncrest, Richmond Hill · MLS® N13524542

$788,000
For Sale
Listed 12 days ago
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Tranquil Ravine Living Meets Urban Sophistication at the "Tao Condos". Discover the ultimate balance of nature and urban convenience in Richmond Hill. Backing onto a protected ravine, this modern boutique condominium offers serene, tree lined views right from your private balcony. Inside, soaring 10 foot ceilings and expansive windows flood the open concept layout with brilliant natural light. The gourmet kitchen, appointed with premium granite countertops and stainless steel appliances, flows effortlessly into the living space. Retreat to the primary suite, complete with a walk in closet, a three piece ensuite and walkout to your private balcony. A spacious second bedroom is complemented by a versatile den featuring a built in cabinet for extra storage, creating the ideal home office. A second washroom rounds out this functional floor plan. Beyond your suite, Tao residents enjoy the resort style amenities at your doorstep. Residents benefit from concierge services, a state of the art gym and yoga studio, a video game room, a pool table and foosball table room, and the pet spa. Host gatherings with ease using the expansive party room, private dining room, and communal lounge, all complemented by ample visitor parking. Commuting is effortless with public transit directly outside your front door, offering a one bus ride straight to the subway. You are also just minutes from Highway 407, GO Transit, and premium dining and shopping. EXTRA BONUS: UNIT COMES WITH A SIZEABLE LOCKER AND TWO DEEDED PARKING SPOTS.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13524542
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Bayview Ave & Highway 7
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Unknown
Roof
Unknown
Maintenance
$1,145/mo
Exposure
East
Property tax
$4,179 / 2025
Days on market
12
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Living RoomFlat9.53 × 3.13 m

overlooks ravine · w/o to balcony

Dining RoomFlat9.53 × 3.13 m

Combined w/Kitchen

Primary BedroomFlat4.27 × 3.05 m

overlooks ravine · double closet

KitchenFlat9.53 × 3.13 m

open concept · centre island · granite counters

DenFlat3.20 × 2.52 m

Open Concept

Bedroom 2Flat3.13 × 2.97 m

overlooks ravine · double closet

Moe’s TakeTeam Asgarian · Broker
In line
$758Kest. value

Listed at $788,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $975K, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $829K
  • Bathrooms −$15K
  • Adjusts to $814K

That comparable adjusts to $814K; the $758K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Thornlea SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Bayview Av / High Tech Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$461KGreat deal$853KOverpriced

Total price vs nearby homes. Fair value about $758K, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Worth verifying
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Doncrest · asking prices
$667kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

PH02-396 highway 7 Road$800k805-398 Highway 7$749k303-398 Highway 7 Street$599k1002-8501 Bayview Avenue$599k1414-8501 Bayview Avenue$590k

The 5 closest of 7 active listings nearby.

See all comparable homes
788kThis home800k749k599k599k590kThis home vs active comparables
Live market pulseActive comparables in Doncrest · median list $630K
$717this home / sqft
11active listings nearby
12days on market

This home lists 10% above the area average of $654/sqft.

3 days faster than the Richmond Hill average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Doncrest, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

81/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bayview Av / High Tech Rd, about 39 m away

20+ transit stops4 grocery20+ dining18 parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Langstaff
$541K
South Richvale
$573K
Beaver Creek Business Park
$649K
Observatory
$585K
North Richvale
$701K

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Thornlea SS
84%
Thornlea SSPublic · Secondary · 9-12 · 1.8 km awayHigher-rated than most nearby · 84% meet the provincial standard
Doncrest PSEQAO results not published

Affordability & Mortgage

Affordability
$3,591/mo
$173KIncome needed
4.6×Price ÷ income
$829Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $3,591Property tax $348Condo fee $1,145Total carry $5,085

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,364per month

Mortgage amount $630,400 · 4.14% over 25 years

$157,600Down payment (20.0%)
$630,400Loan before insurance
$0CMHC premium
$4,857Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,364
Property tax
$348
Condo / maintenance fees
$1,145
Heating
$0
Estimated monthly cost
$4,857

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12,235
Estimated closing costs
$12,235

Plus your down payment of $157,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,086/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$378,815Total interest paid
$1,009,215Total of all payments
Principal $630,400 Interest $378,815
YearPrincipalInterestBalance
1$14,768$25,600$615,632
2$15,386$24,983$600,246
3$16,029$24,339$584,217
4$16,700$23,669$567,517
5$17,398$22,970$550,118
6$18,126$22,242$531,992
7$18,884$21,484$513,108
8$19,674$20,694$493,434
9$20,497$19,871$472,936
10$21,355$19,014$451,582
11$22,248$18,121$429,334
12$23,178$17,190$406,156
13$24,148$16,221$382,008
14$25,158$15,211$356,850
15$26,210$14,158$330,640
16$27,307$13,062$303,333
17$28,449$11,920$274,884
18$29,639$10,730$245,245
19$30,879$9,490$214,367
20$32,170$8,198$182,197
21$33,516$6,853$148,681
22$34,918$5,451$113,763
23$36,378$3,990$77,385
24$37,900$2,469$39,485
25$39,485$883$0

At the end of your 5-year term

Total paid over the term
$201,843
Principal paid down
$80,282
Interest paid
$121,561
Balance remaining
$550,118

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.2%
Gross yield
− Property tax $4,179− Condo fees $13,738− Insurance $600− Vacancy & upkeep $4,488Net operating income $17,795

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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