Bayview Mills, situated at 1 Cartwheel Mill Way in Toronto, presents an intriguing blend of suburban tranquility and urban convenience. This low-rise condominium development, established in 1986, offers a unique living experience with its spacious units and family-oriented amenities. While the property's age might raise questions about maintenance and modernization, its enduring appeal among diverse demographics suggests a resilient community. As we examine the various aspects of this gated complex, from its security features to its proximity to educational institutions, we'll uncover the factors that contribute to its sustained popularity in Toronto's competitive real estate market.
Key Facts
Located at 1 Cartwheel Mill Way in North York, Toronto, this property in Bayview Mills was sold for $435,000 on May 6, 2003, slightly above its April listing price of $429,000. The sale price represents a premium of $6,000 over the initial asking price, indicating strong market demand for properties in this area at the time.
The unit boasts a spacious layout with 3 bedrooms and 3.5 bathrooms, making it suitable for families or those requiring additional living space. This configuration offers versatility and comfort for residents, with ample room for privacy and accommodation of guests.
Monthly maintenance fees for the property were set at $352.55, covering common area upkeep and shared amenities. This fee structure guarantees that the building and its facilities are well-maintained, contributing to the overall value and appeal of the property.
As of 2002, the annual property taxes for this unit were $3,488.04, reflecting the local tax rates and assessment value at that time. This information provides potential buyers with a clear understanding of the ongoing costs associated with owning the property.
The unit's attractive features include a private courtyard, offering outdoor space for relaxation and entertainment. Additionally, a double garage provides secure parking and storage options, a valuable amenity in urban settings. Various upgrades throughout the property further enhance its appeal in the competitive real estate market, potentially contributing to its quick sale and above-listing price.
These key facts highlight the property's desirable attributes and financial considerations, offering a thorough overview of its value proposition within the Bayview Mills community.
Building Overview
The building at 1 Cartwheel Mill Way stands as a notable part of the Bayview Mills community in North York, Toronto. Constructed in 1986, this low-rise condo development offers a blend of modern living and established charm. With a total of 345 units, the property provides a diverse range of living options to cater to various preferences and needs.
Residents of 1 Cartwheel Mill Way benefit from an extensive package of amenities and services. The monthly maintenance fee of approximately $352.55 covers essential aspects such as common element maintenance and building insurance, ensuring a well-maintained living environment. The development features desirable amenities, including a pool and BBQ facilities, enhancing the quality of life for its occupants.
The building's location offers several advantages to its residents:
- Proximity to green spaces, with nearby parks like Bayview – York Mills Parkette and Irving Paisley Park providing opportunities for outdoor recreation and relaxation.
- Convenient access to public transit routes, facilitating easy commutes and exploration of the city.
- Quick connectivity to major roadways, including Highway 401, enabling efficient travel to other parts of Toronto and beyond.
This strategic positioning within the North York area combines the tranquility of a residential community with the convenience of urban living. The low-rise design of the building contributes to a more intimate atmosphere, fostering a sense of community among residents. With its blend of amenities, location advantages, and well-maintained units, 1 Cartwheel Mill Way continues to be an attractive option for those seeking a comfortable and connected lifestyle in Toronto's Bayview Mills neighborhood.
Building Amenities
Residents of 1 Cartwheel Mill Way enjoy a range of amenities designed to enhance their living experience. One of the standout features is the communal pool, which offers a rejuvenating retreat during the warmer months. This amenity provides an excellent opportunity for residents to relax, exercise, and socialize within the comfort of their own community.
For those who enjoy outdoor cooking and gatherings, Bayview Mills provides BBQ facilities. These areas are ideal for hosting social events, family dinners, or simply enjoying a meal in the open air. The presence of these facilities encourages a sense of community and allows residents to make the most of pleasant weather.
The property also caters to the needs of residents' guests by offering designated visitor parking spaces. This thoughtful addition guarantees that friends and family can easily access the building without the hassle of searching for parking in the surrounding area.
Beyond the immediate confines of the building, residents can take advantage of nearby parks such as Bayview – York Mills Parkette and Irving Paisley Park. These green spaces expand the outdoor recreational options available to residents, providing opportunities for exercise, relaxation, and connection with nature.
Transportation convenience is another key amenity at Bayview Mills. The property's proximity to public transit routes allows for easy commuting and exploration of the city. Additionally, quick access to Highway 401 is beneficial for residents who prefer to travel by car, making it simple to navigate to various parts of Toronto and beyond.
Maintenance Fees
Prospective buyers and current residents of 1 Cartwheel Millway should be aware of the monthly maintenance fee, which stands at $352.55. This fee is an essential component of condominium living, contributing to the upkeep of common elements and building insurance. For the Bayview Mills community, this fee covers vital services such as water supply and maintenance of shared facilities, ensuring a well-maintained living environment for all residents.
When considering the overall cost of ownership in this North York neighborhood, it's important to factor in both the maintenance fees and property taxes. As of 2002, the property taxes associated with the unit amounted to $3,488.04. These financial obligations are significant considerations for potential buyers and current homeowners alike.
It's worth noting that maintenance fees can vary within the area, with some units listed at higher rates due to differences in square footage and amenities. Prospective buyers should carefully evaluate these fees in relation to the specific features and services provided at 1 Cartwheel Millway.
To fully appreciate the value of the maintenance fees, consider the following benefits:
- Peace of mind knowing that essential building maintenance is consistently managed
- Access to well-maintained shared facilities, enhancing overall quality of life
- Potential long-term cost savings through proactive upkeep and professional management
Explore Neighborhood
Bayview Mills is nestled within a family-friendly neighborhood in North York, Toronto, characterized by its close-knit community and safe environment. This area is renowned for its strong sense of community and is particularly appealing to families due to its safe and welcoming atmosphere.
Residents of Bayview Mills enjoy easy access to nearby parks such as Bayview – York Mills Parkette and Irving Paisley Park, which are ideal for outdoor activities and recreation. These green spaces provide ample opportunities for families and individuals to engage in various activities, enhancing the overall quality of life in the neighborhood.
The area is well-served by public transit, with bus routes accessible within a short walk, providing convenient connections to downtown Toronto. This connectivity guarantees that residents can easily commute to work, school, and other city attractions without relying heavily on personal vehicles.
Shopping options are abundant in Bayview Mills, including Nortown Foods, which is just a 4-minute walk away. Various dining establishments like Country Style and Hero Certified Burgers are also nearby, offering residents a range of choices for dining and shopping.
Moreover, the neighborhood is recognized for its proximity to major roadways, including quick access to Hwy 401, which enhances connectivity for commuters. This strategic location makes Bayview Mills an attractive choice for those who need to travel frequently within and outside the city.
Age Distribution of Residents
Bayview Mills Townhomes exhibits a diverse age distribution, with a significant proportion of families and retirees contributing to a multi-generational community atmosphere. The area is characterized by a notable presence of children and teenagers, middle-aged adults, seniors, and young professionals, indicating a balanced demographic composition. This mix of age groups contributes to a dynamic and inclusive neighborhood environment.
Population
The population of the Bayview Mills area displays a unique age distribution, reflecting a family-oriented demographic. This is evident in the significant presence of residents aged 30 to 49, which constitutes a considerable portion of the community.
- Family-Oriented Community: About 16% of the population falls within the age group of 35 to 49 years.
- Mature Adults: Approximately 22% of residents are aged 50 to 64 years.
- Younger Residents: A notable 20% of the population is aged 20 to 34 years.
This age distribution suggests a community with a balanced mix of families and mature adults, contributing to a vibrant and diverse neighborhood. The prevalence of families with children is further supported by the community's amenities, such as proximity to schools and parks, which cater to the needs of younger age groups. Overall, the Bayview Mills area presents a dynamic and family-friendly environment.
Tenancy and Property Type
The tenancy and property type in the Bayview Mills area are characterized by a diverse age distribution among residents, fostering a vibrant and inclusive neighborhood atmosphere. This diversity is a key factor in the appeal of the community, particularly for families who are drawn to the spacious layouts and proximity to local amenities such as parks and schools.
The property type in Bayview Mills is mainly low-rise condominium townhouses, which attract both young professionals and retirees seeking a more manageable living space. This mix of residents contributes to a well-rounded community dynamic, where singles, families, and older adults can coexist and enjoy the various recreational facilities and green spaces available.
The neighborhood's family-friendly environment is enhanced by these amenities, making it an attractive option for residents of all ages. The diverse age distribution of residents in Bayview Mills reflects a balanced community, where different age groups can find suitable living spaces that cater to their needs and preferences.
Average Income
The demographic landscape of the Bayview Mills neighborhood is characterized by a diverse age distribution, with a significant portion of residents falling within the 35-54 age bracket. This demographic is indicative of young professionals and established families, contributing to the area's affluent community. The average household income in this neighborhood is particularly high, often exceeding $100,000 annually.
Key statistics that highlight the economic and demographic profile of Bayview Mills include:
- Median household income: $167,193
- Average individual income: $277,868
- Unemployment rate: 3.6%
These figures underscore the economic stability and prosperity of the area, making it a desirable residential choice for both younger and older demographics. The presence of local schools and parks further attracts families with children, contributing to an average age of residents that skews towards middle age. Overall, the combination of high income levels, diverse age distribution, and access to amenities makes Bayview Mills a sought-after place to live.
Nearby Schools
Several reputable educational institutions are located near 1 Cartwheel Mill Way, making the area particularly appealing to families with children. One of the notable schools in the vicinity is Bayview Middle School, which is recognized for its strong academic programs and active community involvement. The school offers a balanced curriculum that includes academics, athletics, and the arts, along with various extracurricular activities that foster a sense of belonging and engagement among students.
In addition to Bayview Middle School, the area is also served by York Mills Collegiate Institute, a highly regarded high school that provides a range of extracurricular activities and advanced placement courses. This diverse educational landscape guarantees that students have access to a thorough learning environment that caters to their individual needs and interests.
For younger children, several elementary schools are conveniently located nearby, such as St. Andrew's Public School. These schools prioritize creating a safe and nurturing environment, which is essential for the early stages of a child's educational journey. The proximity of these educational institutions to 1 Cartwheel Mill Way greatly enhances the neighborhood's appeal to families, contributing to a family-friendly atmosphere and potentially increasing property values. This blend of educational opportunities makes the area an attractive choice for families seeking a well-rounded and supportive community.
Gated Community With Security
Bayview Mills is situated within a gated community, where controlled access points and regular security patrols create a secure and private environment for residents. This setup guarantees that only authorized individuals can enter the premises, thereby enhancing the safety and exclusivity of the neighborhood.
The community watch program is another key aspect of Bayview Mills' security framework. This initiative fosters a sense of community among residents, who work together to maintain a safe and watchful environment. The presence of surveillance cameras further bolsters the security measures in place, providing an additional layer of protection for all units.
Key Security Features:
- Controlled Access Points: Guaranteeing only authorized individuals can enter the community.
- Regular Security Patrols: Maintaining a safe and watchful environment.
- Surveillance Cameras: Providing an additional layer of protection for all units.
These extensive security measures not only guarantee the physical safety of residents but also contribute to a peaceful living environment. The restricted access to the community means that residents can enjoy their homes without the worry of unauthorized visitors or solicitors. Overall, Bayview Mills offers a secure and gated community that prioritizes the well-being and privacy of its residents.
