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 brick construction, this residence presents an exceptional opportunity offered at $4,000 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 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to urban sophistication in one of Toronto's most desirable neighbourhood. Situated in the prestigious Bay Street Corridor, this expansive 1,316 sq. ft. corner unit boasts wrap-around windows offering stunning city views and an abundance of natural light. Recently upgraded with brand-new waterproof vinyl flooring and fresh paint, The functional layout includes two generously sized bedrooms, a bright den that can easily be used as a third bedroom. Located in one of the most cherished buildings in the neighbourhood, residents enjoy exclusive access to Club 1001a newly renovated amenity centre featuring an indoor pool, whirlpool, sauna, squash court, and a fully equipped gym. Additional building highlights include 24/7 friendly concierge and security, visitor parking, BBQ areas, and a spacious party room with kitchen and dining facilities. One underground parking and Locker are included, Walking distance to the University of Toronto, major hospitals, world-class museums, the Bloor Street shopping district, and the upscale Yorkville neighbourhood. Surrounded by parks and green spaces and just steps from the subway.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1001 Bay Street 514, 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 $4,000 in Toronto, the legal minimum down payment is $200 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 $20 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20 also applies, bringing the total estimated land transfer taxes to $40.
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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.
