230-8763 Bayview Avenue, Richmond Hill, ON

Doncrest, Richmond Hill · MLS® N13524542

$788,000
For Sale
Listed 106 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Tranquil Ravine Living Meets Urban Sophistication at the "Tao Condos".
  • 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.
  • 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.

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
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
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
106
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

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Nearby neighbourhoods

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

Langstaff
$525K
South Richvale
$553K
Beaver Creek Business Park
$530K
Observatory
$550K
North Richvale
$643K

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) →

Affordability & Mortgage

Affordability
$3,591/mo
$173KIncome needed
4.6×Price ÷ income
$829Weekly cost
$12,235Land transfer tax, one-time (Ontario)
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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,486per month

Mortgage amount $630,400 · 4.49% over 25 years

$157,600Down payment (20.0%)
$630,400Loan before insurance
$0CMHC premium
$4,979Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,486
Property tax
$348
Condo / maintenance fees
$1,145
Heating
$0
Estimated monthly cost
$4,979

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

6.49%Qualifying rate
$4,219/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

$415,277Total interest paid
$1,045,677Total of all payments
Principal $630,400 Interest $415,277
YearPrincipalInterestBalance
1$14,068$27,759$616,332
2$14,707$27,120$601,626
3$15,374$26,453$586,251
4$16,072$25,755$570,179
5$16,802$25,025$553,377
6$17,565$24,262$535,812
7$18,363$23,465$517,449
8$19,196$22,631$498,253
9$20,068$21,759$478,185
10$20,979$20,848$457,206
11$21,932$19,896$435,275
12$22,927$18,900$412,347
13$23,968$17,859$388,379
14$25,057$16,771$363,322
15$26,194$15,633$337,128
16$27,384$14,444$309,745
17$28,627$13,200$281,118
18$29,927$11,900$251,191
19$31,285$10,542$219,906
20$32,706$9,121$187,200
21$34,191$7,636$153,009
22$35,743$6,084$117,265
23$37,366$4,461$79,899
24$39,063$2,764$40,836
25$40,836$991$0

At the end of your 5-year term

Total paid over the term
$209,135
Principal paid down
$77,023
Interest paid
$132,112
Balance remaining
$553,377

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%Cap rate after taxes and upkeep

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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