711 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 brick construction, this residence presents an exceptional opportunity offered at $698,000 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 1000-1199 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
Luxury The Liberties Condo Located On Heart Of Downtown Bay Streets. Rare Found Sun All Day With North And South Exposure.Newly Painted Whole Unit. Spacious Bright 2 Bdrms, Large Living Room & Opened Solarium With Beautiful Views Of The College Park And Skylines. Storage Galore; Ensuite & Owned Locker, Large Parking. Upgrades in 2023: Range Hood, All-In-One Washer And Dryer, Double Doors In 2 Closets, 2 Renovated Bathrooms, All Electrical Light Fixtures, Waterproof Floors. Maintenance Fees Includes All Utilities. Luxurious Residence With 24 Hours Concierge And 5 Star Amenities, Include Indoor Pool, Sauna, Running Track, Gym, Billiards and Rooftop. Steps To IKEA, Short Walk To The Hospitals, Many shops And Restaurants, University of Toronto, Metropolitan Toronto University, Financial Districts, Dundas Square, Eaton Centre, TTC subway stations and Street cars, Yonge Corridor.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 711 Bay Street 1112, Toronto C01, ON M5G 2J8
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 $698,000 in Toronto, the legal minimum down payment is $44,800 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 $10,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,435 also applies, bringing the total estimated land transfer taxes to $20,870.
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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.
