1080 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 $899,999 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 2 Bathrooms
- Generous living space spanning 800-899 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
U of T Yorkville Luxury Living! Welcome to the iconic U Condos, where sophistication meets convenience in the heart of downtown Toronto. This bright and spacious 2-bedroom, 2-bathroom suite offers 896 sq ft of interior living space plus a 277 sq ft balcony with breathtaking, unobstructed city views. Enjoy a functional split-bedroom layout for optimal privacy, a sleek modern kitchen with a large island ideal for entertaining, and floor-to-ceiling windows that fill the space with natural light. Perfectly located steps from the University of Toronto, Yorkvilles finest shops, world-class dining, and public transit this address defines convenience and prestige. Building amenities include a rooftop terrace, party room, billiard room, library, gym, yoga studio, sauna, change rooms, and 24-hour concierge service. Freshly painted and move-in ready! Includes one parking space conveniently close to the elevator and one locker for extra storage. Don't miss this rare opportunity to own in one of Toronto's most desirable and luxurious communities!
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Pricing & Value Insights
Data-driven valuation for 1080 Bay Street 4508, Toronto C01, ON M5S 0A5
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 $899,999 in Toronto, the legal minimum down payment is $65,000 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 $14,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,475 also applies, bringing the total estimated land transfer taxes to $28,950.
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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.