1055 Bay Street, Toronto C01, ON

$649,900
MLS#:C10429211
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to Suite 1008 at 1055 Bay Street, an elegant and contemporary condo located in the heart of downtown Toronto. This spacious renovated unit offers an open-concept design with abundant natural light streaming through large bedroom windows, creating a bright and welcoming atmosphere. With approximately 721 sq.ft of living space, this two-bedroom suite features a modern layout that maximizes both functionality and style. The kitchen is fully equipped with stainless steel appliances, sleek granite countertops, and ample cabinet space, perfect for cooking and entertaining. Flowing seamlessly into the living and dining area, the space is ideal for hosting guests or enjoying a cozy night in! The primary bedroom is generously sized, featuring two large closets and plenty of room for a queen or king-sized bed. The second bedroom, a flexible space that can easily serve as a guest room, home office, or nursery, adds an extra layer of convenience. Both bedrooms have gorgeous protected unobstructed city views that overlooks Clover Hill Park. The 4PC bathroom is elegantly finished with tile throughout, a modern vanity with below storage, a spa-like shower/tub combo for relaxing after a long day plus a linen closet for extra storage. One owned parking spot & locker. Residents of 1055 Bay Street benefit from an array of premium amenities, including a 24-hour concierge, gym, party room, indoor hot tub, sauna, and a rooftop terrace with stunning city views. The building also offers visitor parking, ensuring guests feel welcome and comfortable. Located in the heart of Toronto's vibrant Bay Street Corridor, this condo is steps away from Yorkville, the University of Toronto, shopping, dining, and cultural city landmarks. Enjoy proximity to the TTC subway, Bloor Street, and the Financial District, making this a commuters dream! Perfect for young professionals, couples, or anyone seeking a luxurious urban lifestyle. *Seller will pay the cost of the upcoming special assessment*

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 12, 2025
Sold price information is available to members only
Listed Date11/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$2,946.99

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Clear View, Place Of Worship, Park, Public Transit, Library, School

Community Features

Location

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1055 Bay Street, Toronto C01, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1055 Bay Street 1008, Toronto C01, ON M5S 3A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$519,920
Monthly Mortgage$3,021
Property Tax (Est.)$246
Utilities & Maint.$350
Total Monthly Cost$3,617

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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1055 Bay Street, Toronto C01 - 2 Bed 1 Bath Home For Sale | MLS# C10429211 | ZooZaa | SousaSells Real Estate