761 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 $517,000 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
- 0.0 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
Fantastic value! Welcome to unit 2707, a spacious and bright 1 bedroom, 1 bathroom suite at the Residences of College Park! Approximately 580 sq ft with no wasted space. Highlights include convenient mirrored sliding closet door at entrance. Kitchen with stainless steel appliances, granite countertops, double stainless-steel sinks and breakfast bar. Open concept living room and dining room, with a walk out from the living room to a large and private south facing balcony to relax and enjoy the many beautiful city views. Full sized stacked washer/dryer. A 4-piece bathroom with marble vanity top and porcelain tile floors. A large bedroom with walk-in closet and floor to ceiling windows for lots of natural light. Low maintenance fee of $449.58/mo + hydro. This coveted building provides club like amenities including 24-hour concierge, indoor swimming pool, whirlpool and steam rooms, well-equipped exercise room and aerobics/cardio room, billiards room, table tennis, virtual golf, rooftop terrace (on third floor), 2 guest suites and more. Fantastic location with a walk score of 98, a rider's score of 100 & bike score of 94. More impressive is that the Residences of College Park offers direct underground access to the College Park subway station, grocery stores, pharmacy and many great shops at College Park. The two towers are minutes walk the Bloor-Yorkville shopping district and restaurants, the hospitals as well as the Metropolitan University and the University of Toronto.
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Pricing & Value Insights
Data-driven valuation for 761 Bay Street 2707, Toronto C01, ON M5G 2R2
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 $517,000 in Toronto, the legal minimum down payment is $26,700 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 $6,815 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,815 also applies, bringing the total estimated land transfer taxes to $13,630.
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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.
