750 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 $720,000 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.
- 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your New Home in the Prestigious Penrose luxury Condos in the Heart of Downtown Toronto. Spacious & Bright Two Bedrooms with 2 full washrooms, master Bedroom with Ensuite & walk in closet. Upgraded and Freshly painted this Corner Suite with spacious balcony, access from master bed & living room. One individual underground parking and locker are included. Maintenance Fee Is All Inclusive, Even Your Hydro! Open concept Kitchen w granite counter, Stainless Steel Appliances. Steps To Subway, U of T, Ryerson, Queens Park, Hospitals, walk in clinics, Service Ontario, Financial District, Sick Kids, Dundas Square, And Much More.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 750 Bay Street 709, Toronto C01, ON M5G 1N6
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 $720,000 in Toronto, the legal minimum down payment is $47,000 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 $10,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,875 also applies, bringing the total estimated land transfer taxes to $21,750.
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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.
