633 Bay Street, Toronto, ON

$649,900
MLS#:C12076546
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Multi-Level common element condo located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, In-Law Capability
  • equipped with central air central cooling and highly efficient fan coil heating via electric

Description

Looking For Your Starter Condo In The Heart Of Downtown? One Of The Best Priced Unit's Within This Building Offering 2BR, 2 WR, 1 Parking, Located At Horizon On Bay, Is Awaiting It's New Owners! Located In The Heart Of Downtown This Condo Features 2 Bedrooms, 2 Full Bathrooms and 1 Parking Space! Featuring One Of The Largest Designs Within The Building, At Approx. 1000+SF, It Makes It Ideal & A Welcoming Atmosphere Perfect For Both Relaxation And Entertaining. Minimal W/Wood Flooring Throughout The Entire Unit! The All-Inclusive Maintenance Fees Cover All Utilities (Except Hydro), Providing Both Convenience & Affordability In One of The City's Best Locations! Provides Easy Access To Public Transportation, Shopping At The Eaton Centre, Dining, Cultural Attractions And Entertainment, Ensuring A Convenient And Vibrant Urban Lifestyle. Virtual 3D Tour Link Can Be Accessed Here For A Complete Real Time View! https://my.matterport.com/show/?m=PHFdd3yUY6x

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 27, 2025
Sold price information is available to members only
Listed Date4/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleMulti-Level
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$3,158.93

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Hospital, Place Of Worship, Public Transit, Rec./Commun.Centre, Library, Arts Centre

Interior Features

Carpet Free, In-Law Capability

Security Features

Concierge/Security, Security Guard

Community Features

Location

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633 Bay Street, Toronto, ON
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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 633 Bay Street 1407, Toronto C01, ON M5G 2G4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$39,990 (6.2%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period25 Years
Estimated Monthly Payment$3,635Based on a loan of $609,910 over 25 years.
Purchase Price$649,900
Loan Amount$609,910
Provincial Land Transfer Tax:$9,473
Toronto Municipal Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$18,946

About Purchasing a Home in Toronto, ON

For a property listed at $649,900 in Toronto, the legal minimum down payment is $39,990 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 $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,946.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$827,203

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.