1055 Bay Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Bachelor/Studio 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 $388,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To The Famous POLO CLUB At Bay St, This Well-Maintained Suite With A Versatile Den That Can Easily Function As A Separate Bedroom Or Home Office. It Features A Newly Renovated Kitchen Complete With Modern Finishes, Along With A Stylishly Upgraded Washroom Offering A Fresh, Contemporary Feel. Located In The Heart Of Bay Street, This Residence Offers Unbeatable Convenience Just Steps From The University Of Toronto, Financial District, World-Class Dining, Shopping, Transit, And All The Amenities Of Downtown living. Many Great Amenities In The Building Including 24-Hour Concierge, Gym, Exercise rooms, Squash Courts, Party Room, Sauna, Lap Pool, And A Large Rooftop Terrace With BBQ-Ideal For Relaxing Or Entertaining. This Is Perfect For Students, Young Professionals, Or Investors Seeking A Prime Location With Flexible Living Space. Don't Miss This Opportunity To Own A Move-In-Ready Unit In One Of Toronto's Most Sought-After Neighbourhoods!
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Arts Centre, Hospital, Library, Place Of Worship, Public Transit, School
Interior Features
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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 1055 Bay Street 713, Toronto C01, ON M5S 3A3
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 $388,000 in Toronto, the legal minimum down payment is $19,400 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 $4,295 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,295 also applies, bringing the total estimated land transfer taxes to $8,590.
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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.
