770 Bay Street, Toronto, ON

$628,800
MLS#:C12229268
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $628,800 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other, Carpet Free, Countertop Range
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Tucked into the skyline at Bay & College, high up on the 27th floor of Lumiere is that rare downtown find: bright, surprisingly spacious, and meticulously maintained. With 612 square feet of interior space and a full-width balcony facing east, mornings here begin with sun and skyline.The layout is thoughtful: a real bedroom with floor-to-ceiling windows and a full-width closet behind mirrored sliders, a generous living area that connects to the outdoors, and a separate den large enough to host guests, house a Peloton, or become a private office your pick. The open-concept kitchen is fitted with panelled appliances, an island with breakfast bar, and engineered hardwood floors that run seamlessly throughout the unit. Subtle upgrades, like designer light fixtures and custom wall finishes, elevate the feel without trying too hard.This is a well-run building with excellent amenities; Security/concierge, gym, indoor pool, rooftop garden, party room, guest suites and parking and a reputation for quiet, comfortable city living. The suite includes both parking and a locker (a rarity in the core), and the building is pet-friendly. Steps to the University of Toronto, the Financial District, Yonge Street subways, Queens Park, hospitals, and every coffee, noodle bar, or bookstore you'll need. A straight shot to the AGO or an after-dinner stroll to Yorkville. Whether you're a first-time buyer, investor, or down-sizer looking for that perfect city pad, this one holds up. 770 Bay was designed to impress, but it lives easy. And that's what matters. With parking and locker and recent sales, this presents the best value for this unit in over a decade! Don't delay.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 10, 2025
Sold price information is available to members only
Listed Date6/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,710.11

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Arts Centre, Hospital, Library, Park, Public Transit

Interior Features

Other, Carpet Free, Countertop Range, Built-In Oven, Storage

Security Features

Alarm System

Community Features

Location

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770 Bay Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 770 Bay Street 2704, Toronto C01, ON M5G 0A6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$37,880 (6.0%)
* Minimum Canadian down payment required for this price is $37,880.
Amortization Period25 Years
Estimated Monthly Payment$3,521Based on a loan of $590,920 over 25 years.
Purchase Price$628,800
Loan Amount$590,920
Provincial Land Transfer Tax:$9,051
Toronto Municipal Land Transfer Tax:$9,051
Total Estimated Closing Taxes:$18,102

About Purchasing a Home in Toronto, ON

For a property listed at $628,800 in Toronto, the legal minimum down payment is $37,880 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 $9,051 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,051 also applies, bringing the total estimated land transfer taxes to $18,102.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$827,296

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.