$1,550,000

For sale

#3802 311 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#3802 311 Bay Street, Toronto (Bay Street Corridor), Ontario, M5H4G5

2 beds2 baths0 parking1,500 ft²$2,675/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 60 days.

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Description

Sophisticated Living at The St. Regis Residences! Elegance, timeless style and exceptional attention to detail define this meticulously maintained, professionally designed residence on one of Toronto's most prestigious addresses. 1,445 sq. ft. of beautifully appointed living space, this stunning 2-bedroom, 2-bathroom suite features impressive 10.5' coffered ceilings, fireplace, exquisite custom millwork and tasteful finishes throughout. The elegant primary bedroom features beautifully integrated custom built-ins and a thoughtfully designed walk-in closet, while the second bedroom offers a custom Murphy bed and integrated desk, effortlessly transitioning from home office to a guest retreat. Every detail has been carefully considered, creating a residence that is as functional as it is beautiful. Beyond the residence: boutique 118 suites, 24-hour concierge, indoor pool, fitness centre, luxurious spa, fine dining at the renowned LOUIX LOUIS restaurant and available valet parking services. Perfectly positioned in the heart of Toronto's Financial District, with direct access to the PATH and just steps to world-class dining, shopping, theatres and entertainment. Union Station, the subway and Toronto's vibrant waterfront are all within easy reach. A truly exceptional place to call home! (id:66096)

Property Details

MLS®: C14115956
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $2,675/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $9,883/yr

Rooms

Main level

Living room: 4.8 x 4.69 meters
Dining room: 4.8 x 3.16 meters
Kitchen: 4.8 x 3.61 meters
Primary Bedroom: 5.84 x 4.19 meters
Bedroom 2: 4.01 x 2.88 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, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Oven - Built-In, Hood Fan
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$1,034

List price

$1.55M

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 9 days, which is 51 days fresher than the city average of 60. Act while there is still low competition.

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Listed by EVANS REAL ESTATE · EUGENIA EVANS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5H)

This home lists at $1,550,000, about 17.2× the local median household income of $90,000.

Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 236% above the area median.

Median household income: $90,000
Population: 3,248
Median age: 31.4
Owner / renter: 36% / 64%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5H)

$1,550,000· $1,034/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $310,000

Min 20%50%

Mortgage payment$6,610/mo

Property tax (est.)$824/mo

Condo fee$2,675/mo

Total monthly$10,109

Cash Needed to Close

Down payment (20%)$310,000

Land transfer tax$54,950

Est. closing costs$7,150

Total cash needed$372,100

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