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 $614,000 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 700-799 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Guest Accommodations, Sauna
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Located in one of the most sought-after areas of the Bay Corridor, this iconic building is where you want to live. Bright & Spacious, freshly painted, 1 bedroom plus solarium suite overlooking St Basil's Church and park. Large solarium is regular shaped and can easily be used as a second bedroom. Truly exceptional amenities and building features include 24hr security/concierge, 2 level gym, indoor pool, sauna, whirlpool, squash court, basketball half court, billiard room, library, roof top terrace, guest suites, visitor parking. Internet, cable and locker included. Conveniently located across from the University of Toronto. Steps to Yonge St, TTC, Yorkville & Bloor Street shopping. Close to hospitals, financial district, Dundas Square. Triple-A location in the heart of the city.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Public Transit, Park, School
Interior Features
Carpet Free, Guest Accommodations, Sauna, Primary Bedroom - Main Floor, Storage Area Lockers
Security Features
Concierge/Security, Smoke Detector
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 901, 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 $614,000 in Toronto, the legal minimum down payment is $36,400 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 $8,755 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,755 also applies, bringing the total estimated land transfer taxes to $17,510.
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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.
