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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $678,888 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.
This spacious 2-bedroom + den, 2 full-bathroom condo offers an exceptional opportunity in one of downtown's most sought-after locations. With generous square footage and a functional layout, this suite provides the perfect canvas for buyers looking to customize and finish the space to their own taste. The primary bedroom features a walk-in closet and private ensuite bath, offering both comfort and privacy. A well-sized second bedroom and full bathroom make the layout ideal for families, guests, or shared living. The versatile den provides the perfect space for a home office, study, or additional living area. Enjoy bright interiors with peaceful views overlooking the courtyard, creating a quiet retreat in the heart of the city. This unit also includes a highly desirable parking space and locker-a rare and valuable feature in the downtown core. Residents enjoy excellent building amenities including 24-hour concierge, fitness centre, indoor pool, party room, and rooftop terrace. Located just steps from Toronto Metropolitan University, hospitals, shopping, restaurants, and the Toronto Subway, this prime location offers unmatched convenience for professionals, investors, or anyone seeking the ultimate urban lifestyle.
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Data-driven valuation for 717 Bay Street 403, Toronto C01, ON M5G 2J9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $678,888 in Toronto, the legal minimum down payment is $42,889 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 $10,053 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,053 also applies, bringing the total estimated land transfer taxes to $20,106.
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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.