$1,600,000

For sale

#4706 311 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#4706 311 Bay Street, Toronto (Bay Street Corridor), Ontario, M5H4G5

2 beds2 baths1 parking1,300 ft²$2,428/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 56 days, fresher than the Toronto average of 60 days.

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Description

Experience world-class luxury at the prestigious St. Regis Residences, ideally positioned in the heart of Toronto's Financial District. Perched high above the city, Suite 4706 offers breathtaking skyline views, refined custom finishes, and the rare convenience of a private residence complemented by the services and hospitality of one of the world's most renowned luxury hotels.A grand foyer welcomes you into an impeccably appointed residence where gleaming hardwood floors and soaring 10-foot coffered ceilings create an elegant sense of scale. Designed for effortless city living, this home is impeccably maintained and truly move-in ready.Large West facing windows fill the principal rooms with natural light and showcase spectacular views across the Toronto skyline. The gourmet kitchen features custom cabinetry, stone countertops, and premium Miele integrated appliances, providing everything required for both everyday living and sophisticated entertaining.The serene primary suite offers a luxurious retreat at the end of a busy day, with a generous walk-in closet and five-piece, spa-inspired ensuite. The library is an exceptionally versatile space-ideal as a private executive office, dressing room, or guest suite.The St. Regis lifestyle is defined by exceptional service and effortless convenience. Residents enjoy 24-hour concierge, valet parking, spa, fitness facilities, and indoor pool, allowing you to enjoy the comforts of a private home with the service of a five-star hotel. With Toronto's Financial District, PATH network, world-class dining, luxury shopping, and entertainment moments from your door, the city is truly at your fingertips.Suite 4706 presents a rare opportunity to experience a sophisticated downtown pied-à-terre designed for the discerning executive or frequent business traveller, seeking an elegant and effortless Toronto base. A residence where luxury, privacy, service, and location converge. (id:66096)

Property Details

MLS®: C13766164
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Coil Fan, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $2,428/mo
Fee Includes: Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $9,692.98/yr
Listed

Rooms

Flat

Foyer: 4.29 x 1.52 meters
Laundry room: 1 x 1.25 meters
Kitchen: 3.08 x 3.12 meters
Library: 3.87 x 3.02 meters
Living room: 7.28 x 4.98 meters
Dining room: 7.28 x 4.98 meters
Primary Bedroom: 4.71 x 4.78 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, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In
Flooring: Hardwood, Marble
Exterior: Stone
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$1,231

List price

$1.60M

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 56 days, which is 4 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · JANICE SCHIER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5H)

This home lists at $1,600,000, about 17.8× the local median household income of $90,000.

Carrying it typically needs a household income of about $312,536 (20% down, 25-yr amortization, stress-tested) — roughly 247% 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)

$1,600,000· $1,231/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $320,000

Min 20%50%

Mortgage payment$6,824/mo

Property tax (est.)$808/mo

Condo fee$2,428/mo

Total monthly$10,059

Cash Needed to Close

Down payment (20%)$320,000

Land transfer tax$56,950

Est. closing costs$7,300

Total cash needed$384,250

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