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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 $675,000 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.
A stunning 1+1 bedroom condo in the heart of the city. This newly renovated unit comes with a large den that measures nearly 9 by 8 feet that can be used as a separate office. Over $40,000 spent on new stainless steel appliances, a brand new kitchen with maple cabinets & quartz countertop/backsplash, a fully re-done washroom and brand new vinyl flooring throughout, creating a beautiful atmosphere for any type of owner. The unit also has direct underground access to College Park & the Subway station, and is only steps away from several hospitals, multiple grocery stores, the Eaton Centre, The University of Toronto as well as Toronto Metropolitan University (formerly Ryerson). Numerous amenities including a 24 hour gym, swimming pool, study areas, a private outdoor courtyard on the 4th floor and a 24 hour concierge give this building a very upscale vibe with plenty of options. The relatively low maintenance fees include hydro, water and heat; something that is becoming increasingly rare to find. The unit has it's own ensuite washer/dryer as well as a beautiful balcony with an anti-pigeon net installed that overlooks College Park. All existing fixtures, appliances and blinds are included, as well as a tv wall mount and (if desired) the small bed in the den, desk in primary bedroom, and table + chairs on balcony.
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Carpet Free
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Data-driven valuation for 763 Bay Street 1006, Toronto C01, ON M5G 2R3
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 $675,000 in Toronto, the legal minimum down payment is $42,500 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 $9,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,975 also applies, bringing the total estimated land transfer taxes to $19,950.
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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.