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 $749,000 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 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Suite 1911 at The Penrose a rare opportunity in the heart of downtown Toronto! This bright and freshly painted 2-bedroom plus den (that functions like a third bedroom and has a closet) offers almost 1000 sq ft of move-in-ready living space. An east-facing terrace fills the suite with beautiful morning light, while the smart, spacious layout is perfect for families or professionals alike. The updated kitchen features granite countertops, stainless steel appliances, and plenty of natural light. With two full bathrooms, open living and dining areas, and a versatile den ideal as a home office or third bedroom, this unit offers flexibility and comfort for growing families. Situated in an excellent school catchment, this suite is a great choice for those with children. Residents also enjoy access to premium building amenities, including a 24-hour concierge, recently renovated indoor pool, hot tub, steam room, running track, gym, sauna, and visitor parking. All of this just steps from the University of Toronto, top hospitals, the Financial District, Eaton Centre, and TTC accesstruly a central location that connects you to the best of the city. Dont miss this rare terrace suite freshly painted, filled with natural light, and ready for you to move in!
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Pricing & Value Insights
Data-driven valuation for 750 Bay Street #1911, 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 $749,000 in Toronto, the legal minimum down payment is $49,900 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 $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.
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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.