$749,000

For sale

#204 832 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#204 832 Bay Street, Toronto (Bay Street Corridor), Ontario, M5S1Z6

3 beds2 baths0 parking950 ft²$705/mo condo feeListed 23 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 60 days.

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Description

Welcome to Burano on Bay! Spacious 2+1 bedroom, 2 bathroom suite offering approx. 948 sq. ft. of well-planned living space in the heart of the Bay Street Corridor. The flexible den provides the perfect third space - ideal as a home office, nursery, or guest room. Freshly painted with brand-new flooring and new fridge. Enjoy an open-concept living and dining area with bright east exposure for beautiful morning light, a functional kitchen, and two full bathrooms including a primary ensuite.Located at Bay & College, steps to College Station, Queen's Park, the University of Toronto, Hospital Row, and the Financial District, with the Eaton Centre, endless dining, shopping, and entertainment just minutes away. Building amenities include 24-hour concierge, outdoor pool, fitness centre, and party room.A rare combination of space, layout, and location - perfect for professionals, families, and investors alike. Easy to show, quick close available! (id:66096)

Property Details

MLS®: C14030016
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $705/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,373.94/yr
Listed: 23 days ago

Features

Exterior: Concrete
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$789

List price

$749K

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 (Bay Street Corridor) has been listed for 23 days, which is 37 days fresher than the city average of 60. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · STELLA LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $749,000, about 10.7× the local median household income of $70,000.

Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 109% above the area median.

Median household income: $70,000
Population: 17,074
Median age: 33.2
Owner / renter: 36% / 64%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5S)

$749,000· $789/ft²

For sale

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Full Cost Breakdown

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Down Payment6.66% · $49,900.00

Min 6.66%50%

Mortgage payment$3,876/mo

↳ CMHC premium ($27,964 capitalized)

Property tax (est.)$364/mo

Condo fee$705/mo

Total monthly$4,946

Cash Needed to Close

Down payment (6.66%)$49,900

Land transfer tax$22,910

Est. closing costs$4,747

Total cash needed$77,557

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