$760,000

For sale

#1715 711 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#1715 711 Bay Street, Toronto (Bay Street Corridor), Ontario, M5G2J8

2 beds2 baths1 parking1,100 ft²$1,162/mo condo feeListed 24 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 24 days, fresher than the Toronto average of 60 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Experience the ultimate downtown lifestyle in Suite 1715 at 711 Bay Street. This prime, corner2-bedroom + den suite features a bright, functional split-layout that is perfect for professionals, families, or savvy investors seeking strong ROI near the Financial District, U of T, and TMU. Versatile Living: Generous den ideal for a home office or a potential 3rd bedroom setup. Value-Add Building Updates: Common floor hallways are scheduled for upcoming modern updates, adding immediate future value! Prime Amenities: Enjoy 24/7 concierge, an indoor pool, a gym, a rooftop terrace, and guest suites. Unbeatable Location: Steps to the Line 1 Subway, major hospitals, the Eaton Centre, and Toronto General Hospital. Includes 1 parking space and 1 storage locker. Note: Currently tenanted until August 14, 2027. (id:66096)

Property Details

MLS®: C14028002
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,162/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,579/yr
Listed: 24 days ago

Features

Appliances: Range, Oven - Built-In
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$691

List price

$760K

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 2-bed single family in Toronto (Bay Street Corridor) has been listed for 24 days, which is 36 days fresher than the city average of 60. Act while there is still low competition.

Set a price alert Book a showing

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $760,000, about 11.3× the local median household income of $67,500.

Carrying it typically needs a household income of about $148,455 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $67,500
Population: 9,751
Median age: 30.8
Owner / renter: 30% / 70%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5G)

$760,000· $691/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.71% · $51,000

Min 6.71%50%

Mortgage payment$3,931/mo

↳ CMHC premium ($28,360 capitalized)

Property tax (est.)$298/mo

Condo fee$1,162/mo

Total monthly$5,391

Cash Needed to Close

Down payment (6.71%)$51,000

Land transfer tax$23,350

Est. closing costs$4,780

Total cash needed$79,130

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator