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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 $775,000 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.
EXCLUSIVE PENTHOUSE OPPORTUNITY! Rarely available, this 2-bedroom, 2-bathroom penthouse offers approximately 777 sq.ft. of sophisticated downtown living in the heart of the Bay Street corridor. Bathed in natural light from unobstructed south-facing windows, the suite boasts a private balcony with iconic CN Tower views, perfect for morning coffee or evening sunsets.Step inside to discover a fully updated, open-concept layout featuring brand-new hardwood floors, freshly painted walls, and a modern kitchen with stainless steel appliances. Both bathrooms are full 4-piece, including a primary ensuite, providing comfort and convenience for residents and guests.Extras that make this penthouse a standout:One owned underground parking spot & one owned storage locker - a rare combination in the core.Building amenities: 24/7 concierge, indoor pool, fitness centre, sauna, and rooftop deck/garden.Enjoy unmatched downtown accessibility with TTC subway, Eaton Centre, UofT, Financial District offices, Hospital Row, and top dining/shopping destinations all steps away.Currently vacant and ready for immediate closing, this penthouse is a turn-key opportunity for professionals, investors, or city-lovers seeking a lifestyle upgrade. Don't miss your chance to own one of Toronto's most desirable penthouse suites - luxury, views, and location all in one exceptional package
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Clear View, Hospital, Public Transit, Arts Centre, Rec./Commun.Centre, Library
Primary Bedroom - Main Floor, Storage
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This could be the first listing for this address.
Data-driven valuation for 111 Elizabeth Street 1708, Toronto C01, ON M5G 1P7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $775,000 in Toronto, the legal minimum down payment is $52,500 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 $11,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,975 also applies, bringing the total estimated land transfer taxes to $23,950.
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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.