887 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 $2,500 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Newly Renovated Beautiful and Bright 1Br Unit East Facing On Bay Corridor. New Laminated Flooring Throughout, Luxurious Bright Kitchen With All B/I Appliances. Newly Renovated Washroom. All Utilities Included (Water, Hydro & Heat). Steps ToSubway, U Of T, Financial District, Hospitals, Shopping. Building Features Great Amenities With Concierge, Excercise Room, Visitor Parking etc. One Parking and One Locker Included.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Library, Public Transit
Interior Features
Other
Security Features
Concierge/Security, Security System
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 887 Bay Street 1203, Toronto C01, ON M5G 2E5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $2,500 in Toronto, the legal minimum down payment is $125 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 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $25.
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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.
