Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium aluminum siding and concrete construction, this residence presents an exceptional opportunity offered at $399,900 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.
Perfect 1-bedroom condo in the prestigious Bay Street Corridor featuring a bright southeast exposure and city views from a large private balcony. This open-concept suite offers a modern kitchen with a spacious island seating four, quartz countertops, stainless steel Miele appliances, built-in oven, 9-ft ceilings, floor-to-ceiling windows, newly installed neutral flooring, and custom powered window coverings. Over 700 sq. ft. of total living space including balcony, with a primary bedroom, closet. Enjoy a contemporary building with 24-hour concierge, hotel-style amenities, four elevators, ample visitor parking, and an unbeatable location steps to Wellesley Subway Station, streetcar access to Union, Exhibition GO, and walkable to brunch, shopping, and all daily conveniences.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 St Joseph Street 2503, Toronto, ON M4Y 0B6
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 $399,900 in Toronto, the legal minimum down payment is $19,995 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 $4,474 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,474 also applies, bringing the total estimated land transfer taxes to $8,947.
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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.