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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium aluminum siding and concrete construction, this residence presents an exceptional opportunity offered at $589,900 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.
*Motivated Seller**Maint fee only $399/month* 98/100 Walf Score! Perfect for 1st time buyer or use as investment property. South facing spacious 1 bedroom condo located in the esteemed Luxury College Park Phase 2 Condominium. With 580 sq.ft of space, this condo offers prime living in the heart of downtown Toronto. Enjoy convenient access to subway stations, streetcar, restaurants, shopping mall and supermarkets. Walking distance to top institutions like the University of Toronto, Toronto Metropolitan University, Mount sinai hospital, St michael's , Women/s college, toronto General hospital and many more! Benefit from 24-hour concierge service and indulge in the hotel like amenities including an indoor pool, gym, party room, guest suites, and more!
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Arts Centre, Library, Park, Public Transit, Rec./Commun.Centre, School
Carpet Free
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This could be the first listing for this address.
Data-driven valuation for 761 Bay Street 1007, Toronto C01, ON M5G 2R2
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 $589,900 in Toronto, the legal minimum down payment is $33,990 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 $8,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,273 also applies, bringing the total estimated land transfer taxes to $16,546.
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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.