$575,000

For saleJust listed

#2105 1 King Street West, Toronto (Bay Street Corridor), Ontario, M5H1A1

1 ba250 ft²+$674/mo

Listed by ROYAL LEPAGE TERREQUITY PLATINUM REALTY

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For saleJust listed

Today

$1.30M

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2 bd2 ba1 pk1,300 ft²+$1187/mo

Listed by CHESTNUT PARK REAL ESTATE LIMITED

#5001 7 Grenville Street, Toronto (Bay Street Corridor), Ontario, M4Y1W9

For saleJust listed

Yesterday

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2 bd2 ba650 ft²+$542/mo

Listed by HOMELIFE GOLCONDA REALTY INC.

#902 62 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M5S2X3

For saleJust listed

2 days ago

$890K

#902 62 Wellesley Street West, Toronto (Bay Street Corridor), Ontario, M5S2X3

4 bd2 ba1 pk1,500 ft²+$1400/mo

Listed by RE/MAX CONDOS PLUS CORPORATION

Investment analysis

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$575,000

Toronto

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#703 736 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#703 736 Bay Street, Toronto (Bay Street Corridor), Ontario, M5G2M4

3 beds2 baths1 parking850 ft²$1,100/mo condo feeListed 4 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $575,000, it is attractively priced about 13% below the $659,888 median asking price in Toronto. It has been on the market 4 days, fresher than the Toronto average of 60 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to Suite 703 at the Conservatory Tower, a spacious 804 sq.ft. layout in the heart of Bay & College. This bright, well-designed unit offers 2 large bedrooms, 2 full bathrooms, and an oversized den that works perfectly as a separate dining room or home office. There's plenty of room to live, work, and entertain, which is hard to find downtown. Residents enjoy an impressive list of amenities, including 24-hour concierge and security, an indoor pool, sauna and whirlpool, a fully equipped gym, a billiards and party room, guest suites, and a beautiful rooftop garden with BBQs. Maintenance fees include all utilities. The location is hard to beat: you're steps from College subway station, U of T, TMU, and Hospital Row, with easy access to the Financial District, Yorkville, and the Eaton Centre. Some of the city's best restaurants, cafés, and shops are right outside your door. This is a great fit for professionals, students, or investors looking for space and convenience in one of Toronto's most connected neighbourhoods. (id:66096)

Property Details

MLS®: C14135836
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,100/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,243/yr
Listed: 4 days ago

Rooms

Flat

Living room: 3 x 4.5 meters
Kitchen: 0.41 x 2.41 meters
Den: 2.52 x 2.59 meters
Primary Bedroom: 4.5 x 2.79 meters
Bedroom 2: 3.15 x 3.05 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, Window Coverings
Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$677

List price

$575K

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

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Listed by RE/MAX PREMIER INC. · SANTO SESSA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $575,000, about 8.5× the local median household income of $67,500.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 66% 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)

$575,000· $677/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$270/mo

Condo fee$1,100/mo

Total monthly$4,378

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$15,950

Est. closing costs$4,225

Total cash needed$52,675

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