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 $519,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Intercom
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Do you need a very affordable downtown core location with a separate bedroom, good sized living area, owned parking and locker, all utilities included and tremendous recreation/ communal amenities all in a prestigious Bay St building ? Welcome to unit 701 at 750 Bay St ! Bright and sunny with a east view towards College Park this junior 1 Bed, 1 Bath unit is approximately 560 Sqft unit that maximizes its space with the ideal floorplan to were you live . Just updated with new flooring and updated kitchen cupboards the open concept kitchen has a large breakfast bar overlooking the Liv/Din Area. The Penrose is a sophisticated building situated In the heart of the city with a 100 Transit & 99 Walk Score and walking distance to University Of Toronto, Ryerson University, 5 major hospitals, Eaton Centre, financial Core, City Hall and all the entertainment you need! Extensive amenities include 24 Hr Security, gym, full sized Indoor pool, sauna, whirlpool, steam room, outside running track, party rooms and bike storage. Condo fees Includes everything hydro, water, heat and Cac ! A well run building with excellent property management & friendly staff. Worth viewing !
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Parking & Garage
Heating & Cooling
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Interior Features
Intercom
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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 750 Bay Street 701, 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 $519,000 in Toronto, the legal minimum down payment is $26,900 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 $6,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,855 also applies, bringing the total estimated land transfer taxes to $13,710.
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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.
