$415,000

$449,999For salePrice drop↓ $34,999 (8%)

#2910 736 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#2910 736 Bay Street, Toronto (Bay Street Corridor), Ontario, M5G2M4

1 bed1 bath1 parking550 ft²$888/mo condo feeListed 52 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $415,000, it is attractively priced about 39% below the $685,000 median asking price in Toronto. It has been on the market 52 days, fresher than the Toronto average of 59 days.

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Description

Welcome To 736 Bay St. #2910 - The Conservatory Tower! This 586 Square Foot Unit Features 1 Bedroom, 1 Bathroom, & 1 Parking Spot - The Perfect Place To Call Home In The Bay St. Corridor! The Unit Has Been Freshly Painted & Cleaned & Is Move-In Ready! The Conservatory Tower Is A Full Service Building Offering Top Tier Amenities: 24 Hour 7 Days A Week Concierge, Pool With Sauna, Fitness Center, Party Room, Billiards & Guest Suites. Situated In The Heart Of The Financial District You Will Have Prime Access To: Universities, Hospitals, Queen's Park, Designer Shops & World Class Dining! With Access To All Major Transit Lines - The Conservatory Tower Delivers A Complete Downtown Connected Vibe. This Is The One!! (id:66096)

Property Details

MLS®: C13787390
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $888/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,670.25/yr
Listed: 52 days ago

Rooms

Flat

Kitchen: 2.72 x 1.78 meters
Living room: 3.58 x 3.99 meters
Bedroom: 3 x 3.12 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds
Flooring: Hardwood
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Bay Street Corridor) listings, avg age

59d

Price / ft²

$755

List price

$415K

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 1-bed single family in Toronto (Bay Street Corridor) has been listed for 52 days, which is 7 days fresher than the city average of 59. Act while there is still low competition.

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Listed by Royal LePage Frank Real Estate · Marie Matkiwsky

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $415,000, about 6.1× the local median household income of $67,500.

Carrying it typically needs a household income of about $81,064 (20% down, 25-yr amortization, stress-tested) — roughly 20% 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)

$415,000· $755/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,750

Min 5%50%

Mortgage payment$2,186/mo

↳ CMHC premium ($15,770 capitalized)

Property tax (est.)$223/mo

Condo fee$888/mo

Total monthly$3,296

Cash Needed to Close

Down payment (5%)$20,750

Land transfer tax$9,550

Est. closing costs$3,745

Total cash needed$34,045

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