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 $495,000 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.
Welcome to The Penrose in the heart of Bay & College! This bright, sun-drenched 1-bedroom suitefeatures an optimal open-concept layout with a spacious living and dining area-perfect forentertaining. Enjoy west-facing open views and beautiful sunsets from your private balcony.ALL-INCLUSIVE LIVING: Hydro, heat, and water are all included! Comes complete with 1 parkingspace & 1 locker. UNBEATABLE CONVENIENCE: 98 Walk Score, 100 Transit Score, and 90 Bike Score!Steps to College Park shops, the PATH, subway stations, 24-hr groceries, University Avehospitals, U of T, TMU, and the Eaton Centre.The building boasts 5-star amenities: a rare indoor jogging track, lap pool, whirlpool, sauna,gym, 24-hr concierge, and more. The perfect move-in ready urban retreat for professionals andinvestors alike! *Some photos have been virtually staged for illustration purposes only.
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Clear View, Hospital, Library, Park, Public Transit, School
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 750 Bay Street 1806, Toronto C01, ON M5G 1N6
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 $495,000 in Toronto, the legal minimum down payment is $24,750 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 $6,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,375 also applies, bringing the total estimated land transfer taxes to $12,750.
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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.