$1,039,900

$1,059,900For salePrice drop↓ $20,000 (2%)

#3410 1080 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#3410 1080 Bay Street, Toronto (Bay Street Corridor), Ontario, M5S0A5

2 beds2 baths1 parking850 ft²$766/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 51 days, fresher than the Toronto average of 60 days.

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Description

Prestigious Luxury Living At The Renowned U Condominiums Built by Pemberton Group! U Condo=Condo in University! Approx. 900 Sq.Ft. 2 Bedroom 2 bathroom Unit Plus An Impressive 277 Sq.Ft. Of Oversized Balconies. Bright & Spacious Open-Concept Layout With 9-Ft Floor-To-Ceiling Windows Filling The Unit With Natural Light. Functional Split 2-Bedroom, 2-Bathroom Design Offering Excellent Privacy. Spacious Primary Bedroom & Generous-Sized Second Bedroom. Both Bedrooms Feature Large Windows.Modern Designer Kitchen With Quartz Countertops & Backsplash, Centre Island, Valance Lighting & Built-In European Appliances. Located Steps To University of Toronto, Yorkville, Bay/Bloor Luxury Shopping, Fine Dining, TTC Subway Stations & Minutes To The Financial District. Enjoy World-Class Building Amenities Including 24 Hr Concierge, 3-Storey Grand Lobby, Fitness Centre With Cardio & Exercise Rooms, Yoga Studio, Steam Room, Library, Party Room, Billiards Room, Rooftop Terrace & Underground Visitor Parking.1 Underground Parking Space & 1 Locker included. (id:66096)

Property Details

MLS®: C13780008
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $766/mo
Fee Includes: Parking
Ownership: Condo/Strata
Property Tax: $5,693.45/yr
Listed: 51 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Cooktop
Exterior: Concrete Block
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$1,224

List price

$1.04M

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 51 days, which is 9 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. · IRVING XIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $1,039,900, about 14.9× the local median household income of $70,000.

Carrying it typically needs a household income of about $203,129 (20% down, 25-yr amortization, stress-tested) — roughly 190% 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)

$1,039,900· $1,224/ft²

For sale

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Full Cost Breakdown

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Down Payment7.60% · $78,990

Min 7.60%50%

Mortgage payment$5,327/mo

↳ CMHC premium ($38,436 capitalized)

Property tax (est.)$474/mo

Condo fee$766/mo

Total monthly$6,568

Cash Needed to Close

Down payment (7.60%)$78,990

Land transfer tax$34,546

Est. closing costs$5,620

Total cash needed$119,156

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