832 Bay Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $985,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Unit #203 at 832 Bay St., where New York loft-style living meets the luxury and sophistication of Torontos iconic Burano Condos. This stunning 1,222 sq. ft. 2-bedroom + den, 2-bathroom suite is located on the exclusive historic level of the building, offering soaring 10-foot ceilings and HUGE warehouse-style windows that flood the space with natural light. With breathtaking views overlooking Bay Street, this unit immerses you in the citys vibrant energy while providing a serene retreat above the bustle. Burano Condos is a masterpiece of modern architecture inspired by the vibrant charm of Italys Burano Island. This iconic residence is a celebration of art and culture, featuring a unique blend of historic character and contemporary luxury. Unit #203 embodies this balance with its open-concept design, perfect for entertaining or relaxing. The sleek kitchen features granite countertops, stainless steel appliances, and ample storage, while the spacious den offers flexibility as a home office or additional living space. The split-bedroom layout ensures privacy, making it ideal for professionals or families. Included with the unit is a premium parking spot for ultimate convenience.Living at Unit #203 in Burano Condos means enjoying world-class amenities just one floor above you. The third floor boasts a state-of-the-art fitness center, an outdoor pool with a sundeck and hot tub, a party room, guest suites, and 24-hour concierge service. Whether you want to relax by the pool, host gatherings, or stay active, these amenities are designed to elevate your lifestyle with ultimate convenience. Perfectly located in the heart of downtown Toronto, Burano Condos offers unparalleled access to the citys best. Youre steps from the Financial District, College Park, Yorkville, and top institutions like U of T, TMU, and major hospitals. Surrounded by world-class shopping, dining, and entertainment, this address provides the ultimate urban lifestyle. Offers Anytime!
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Pricing & Value Insights
Data-driven valuation for 832 Bay Street 203, Toronto C01, ON M5S 1Z6
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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 $985,000 in Toronto, the legal minimum down payment is $73,500 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 $16,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,175 also applies, bringing the total estimated land transfer taxes to $32,350.
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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.
