1001 Bay Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,999,900 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2250-2499 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Your Little Slice of Paradise in the Sky awaits at Penthouse 7, an exceptional two-level residence offering an unparalleled downtown Toronto living experience. This gorgeous three-bedroom penthouse is of rare distinction, having undergone a meticulous top-to-bottom renovation in 2019. The main level flows effortlessly with an open-concept living, dining, and kitchen area, creating an ideal space for entertaining. Bespoke finishes include a wood-burning fireplace, designer lighting, and pot lights throughout. The true pièce de résistance is the breathtaking, unbelievable city views that provide a dynamic backdrop to everyday life. This is not merely a residence; it is a private urban sanctuary that exemplifies luxury and convenience at its finest. Location is everything. You're just steps away from the University of Toronto, the prestigious shops and dining of Yorkville, the Financial District, and everything world-class Toronto has to offer. Building amenities elevate the lifestyle, including 24-Hour Concierge, an Indoor Pool, a well-equipped Gym, and beautifully appointed Outdoor Terrace and Lounge areas.
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Key Features
Additional Details
Property Details
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Heating & Cooling
Features
Property Features
Hospital, Public Transit, School
Interior Features
Carpet Free
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Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1001 Bay Street PH 7, Toronto C01, ON M5S 3A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,999,900 in Toronto, the legal minimum down payment is $399,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,473 also applies, bringing the total estimated land transfer taxes to $72,946.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
