717 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 brick construction, this residence presents an exceptional opportunity offered at $778,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Location, Location, Location! Welcome to The Liberties at Bay and College, a spacious 2-bedroom + solarium gem in the heart of downtown Toronto! With nearly 1,100 sq. ft. of functional living space, this unit offers a bright living/dining area with large windows, a practical galley kitchen, a primary bedroom with a walk-in closet and a four piece ensuite, a second bedroom with a double closet, a versatile solarium- perfect for a third bedroom or home office, a four piece main bathroom, convenient ensuite laundry and ample storage. One underground parking spot and one locker included! This unit offers endless possibilities to customize the space to suite and add value! Enjoy worry-free living with all utilities included in the maintenance fee. Well-maintained building with a reserve fund over $7 million and boasts exceptional amenities such as an indoor jogging track, indoor pool and whirlpool, fitness centre, rooftop garden, 24-hr concierge and more! Steps to shops and restaurants at College Park, Eaton Centre and Yonge and Dundas Square, Toronto Metropolitan University, U of T, all major hospitals, the Financial District, Queens Park and the TTC. With a perfect Transit Score of 100, Walk Score of 98, and Bike Score of 90, this is urban living at its finest!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 717 Bay Street 602, Toronto C01, ON M5G 2J9
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 $778,000 in Toronto, the legal minimum down payment is $52,800 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 $12,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,035 also applies, bringing the total estimated land transfer taxes to $24,070.
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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.
