717 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 $649,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Endless possibilities await in this spacious 871 sq ft condo at The Liberties, right in the heart of downtown Toronto! The large den and bright solarium offer incredible flexibility. A bedroom, home office, dining area, nursery, or even a creative studio. No dark, windowless den found here! The wide living room provides plenty of space to easily create a setup that suits your lifestyle. The kitchen overlooks the living area and features a pantry for extra storage. Let's not forget a generous walk-in closet in the primary bedroom with a charming window nook, perfect for a quiet retreat away from the rest of the home. Located at Bay & Gerrard, you're steps from the College TTC station, Farm Boy, Metro, Eaton Centre, hospitals, UofT, TMU, and endless dining and shopping options. Plus, maintenance fees cover all utilities, giving you cost stability. Enjoy top-tier amenities, including an indoor pool, gym, sauna, and rooftop BBQs.
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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 717 Bay Street 509, Toronto C01, ON M5G 2J9
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 $649,900 in Toronto, the legal minimum down payment is $39,990 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 $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,946.
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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.
