$5,899,900

For sale

#1402 1315 Bay Street, Toronto (Annex) - Single Family for Sale

#1402 1315 Bay Street, Toronto (Annex), Ontario, M5R2C4

3 beds4 baths1 parking2,625 ft²$3,104/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 4-bathroom condo in Toronto is for sale offering roughly 2,625 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 58 days.

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Description

Welcome to 50 Scollard - 2,620 sq ft Three bedroom suite with unobstructed west views of Yorkville. Located at Bay & Scollard, this residence sits in a 41-storey tower of just 127 suites, designed by Pritzker Prize-winning architect Norman Foster, with interiors by acclaimed designer Alessandro Munge. Enjoy 10'2" ceilings, wide-plank hardwood, Dada kitchens with custom cabinetry, quartzite counters & Gaggenau appliances. Floor-to-ceiling glazing frames sweeping skyline views. Amenities include 24hr concierge & valet, porte-cochere, indoor/outdoor pool, fitness centre, yoga studio, sauna, private dining room & wine room. Steps to Holt Renfrew, Four Seasons & Yorkville's top dining. The epitome of luxury living, in the heart of the city. (id:66096)

Property Details

MLS®: C14109382
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 1
Interior Size: 2,625 ft²
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $3,104/mo
Fee Includes: Electricity, Insurance, Parking
Ownership: Condo/Strata
Listed: 13 days ago

Features

Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Annex) listings, avg age

58d

Price / ft²

$2,248

List price

$5.90M

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.

Haho

This 3-bed single family in Toronto (Annex) has been listed for 13 days, which is 45 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · JASON WILSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $5,899,900, about 68.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $1,152,457 (20% down, 25-yr amortization, stress-tested) — roughly 1240% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$5,899,900· $2,248/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,179,980

Min 20%50%

Mortgage payment$25,162/mo

Est. property tax$0/mo

Condo fee$3,104/mo

Total monthly$28,265

Cash Needed to Close

Down payment (20%)$1,179,980

Land transfer tax$267,945

Est. closing costs$20,200

Total cash needed$1,468,125

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