889 Bay Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,748,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2750-2999 sqft
- 3.0 total parking spaces available with a convenient underground configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step into a truly extraordinary residence in the heart of downtown Toronto. Located in the prestigious 889 Bay Street, this one-of-a-kind 2,885 sq. ft. luxury suite is the inspired combination of Units 1608, 1610, and 1611.Offering a scale rarely seen in condo living, this expansive home delivers unparalleled flexibility, volume, and presence. With three separate entrances, the suite provides exceptional versatility-enjoy it as one grand residence or customize the layout for multi-generational living, private guest quarters, or live-in staff.Featuring two full kitchens, a self-contained one-bedroom suite, and a thoughtfully designed layout, the possibilities are endless. Expansive windows flood the home with natural light, creating a bright and airy ambiance throughout. This exceptional offering also includes 3 parking spaces and 3 storage lockers-a rare and valuable asset in Toronto's downtown core. Building Amenities: 24/7 concierge & security, fully equipped fitness centre, Party & meeting rooms, Visitor parking, On-site retail including a café and pharmacy. Steps to transit and within walking distance to University of Toronto, Toronto Metropolitan University, CF Toronto Eaton Centre, Queen's Park, The Financial District & top hospitals. Yorkville for luxury shopping and dining. Massey Hall and the Elgin and Winter Garden Theatre Centre. his is more than a home-it's a truly exceptional residence in one of Toronto's most connected and sought-after neighbourhoods.
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Property History
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Pricing & Value Insights
Data-driven valuation for 889 Bay Street 1610, Toronto C01, ON M5S 3K5
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 $1,748,000 in Toronto, the legal minimum down payment is $349,600 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 $31,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $31,435 also applies, bringing the total estimated land transfer taxes to $62,870.
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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.
