1001 Bay Street, Unit 1408, Toronto, ON
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 $489,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Separate Heating Controls
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Experience sophisticated downtown living in this spacious 671 sq. ft. suite with underground parking. High quality flooring throughout in immaculate condition. Upgraded with sophistication. A well-designed floor plan that makes it easy to create a separate work space if needed. The perfect balance of comfort and convenience. Enjoy access to world class amenities at "Club 1001" with an indoor pool, hot tub, racquet ball court, library ,outdoor barbecues/lounge area plus more that elevates everyday living.An ideal home for professionals, investors, or anyone seeking a premier urban lifestyle.24 hour concierge. Located in a well-established neighbourhood that is steps from world-class dining, shopping, entertainment, and transit.
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Property Summary
This condo apartment located at 1001 Bay Street, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $489,000 with an estimated mortgage of $1,628* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 1001 Bay Street, Toronto is in the Bay Street Corridor neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bay Street Corridor, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Separate Heating Controls
Security Features
- Security System
- Concierge/Security
Community Features
None listed
Frequently Asked Questions about 1001 Bay Street, Unit 1408, Toronto, ON
Q.What is the asking price for 1001 Bay Street, Unit 1408, Toronto, ON ?
The current listing price for 1001 Bay Street, Unit 1408, Toronto, ON in Bay Street Corridor, Toronto is $489,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 1001 Bay Street, Unit 1408, Toronto, ON ?
1001 Bay Street, Unit 1408, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Separate Heating Controls.
Q.What security features are installed at 1001 Bay Street, Unit 1408, Toronto, ON ?
Security features include: Security System, Concierge/Security.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 1001 Bay Street 1408, Toronto, 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 $489,000 in Toronto, the legal minimum down payment is $24,450 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 $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.
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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.