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$478,000
Toronto
#1009 832 Bay Street, Toronto (Bay Street Corridor), Ontario, M5S1Z6
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $478,000, it is attractively priced about 30% below the $685,000 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 60 days.
Experience Sophisticated Downtown Living at the Prestigious Burano Condos! This Bright and Spacious 1-Bedroom Suite Offers Spectacular, Unobstructed South-Facing Views of the CN Tower and Lake Ontario Through Expansive Floor-to-Ceiling Windows. Featuring a Functional Open-Concept Layout, Contemporary Kitchen with Granite Countertops, and a Modern 4-Piece Bathroom. Enjoy Resort-Style Amenities Including 24-Hour Concierge, Fitness Centre, Outdoor Pool, Rooftop Terrace, and Party Room. Prime Bay & College Location, Just Steps to U of T, Major Hospitals, TTC, Eaton Centre, Financial District, Shopping, Dining, and Everyday Conveniences. An Exceptional Opportunity for First-Time Buyers, Professionals, or Investors Seeking the Ultimate Downtown Lifestyle! Property is now tenanted. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 17 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Bay Street Corridor) has been listed for 17 days, which is 43 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $478,000, about 6.8× the local median household income of $70,000.
Carrying it typically needs a household income of about $93,370 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5S)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice