770 Bay Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium metal/steel siding and other construction, this residence presents an exceptional opportunity offered at $869,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Menkes Lumiere Residences, where luxury living meets urban convenience in the heart of downtown Toronto. This freshly painted (2025) 2-bedroom, 2-bathroom condo spans 763 sq. ft. and features a thoughtfully designed split-bedroom layout with northeast exposure, offering stunning views of Queens Park, the city skyline, and the Bay Street Corridor. Soaring 9-foot ceilings and floor-to-ceiling windows fill the space with natural light. At the same time, the sleek, contemporary two-tone linear kitchen is equipped with high-end built-in integrated appliances, including a new refrigerator (2023). The fan coil unit was also replaced in 2023 for added peace of mind. Residents enjoy world-class amenities: an indoor pool, a fully-equipped gym, a games room with billiards, guest suites, and more. Ideally located just steps from the subway, U of T, TMU (Ryerson), Yorkville, the Financial District, major hospitals, and more. Walk Score 99, Transit Score 99, Bike Score 90. Includes Parking, locker, and b/I closet organizers.
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Separate Hydro Meter
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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 770 Bay Street 2602, Toronto C01, ON M5G 0A6
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 $869,900 in Toronto, the legal minimum down payment is $61,990 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 $13,873 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,873 also applies, bringing the total estimated land transfer taxes to $27,746.
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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.
