$398,000

For saleJust listed

#803 1331 Bay Street, Toronto (Annex) - Single Family for Sale

#803 1331 Bay Street, Toronto (Annex), Ontario, M5R2C4

1 bed1 bath1 parking750 ft²$1,757/mo condo feeListed 7 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 7 days, fresher than the Toronto average of 58 days.

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Description

Rarely Available. Luxurious and Spacious One-Bedroom Suite In Boutique Yorkville Condo. With Only 24 Residential Units Offering Exclusivity And Privacy. Well-Appointed And Meticulously Maintained Suite Featuring Timeless Finishes And Oversized Rooms. An Expansive Layout Filled With Natural Light From Floor To Ceiling Windows Across The Entire Suite. Gorgeous Hardwood Floors Throughout. Covered Balcony With Wood Decking. Wood-Burning Fireplace. Custom Kitchen With Premium Kitchen-Aid Appliances, Marble Countertops And Pullout Pantry. Extra-Large Bedroom With Double Genuine California Closets. Marble Floor Bath With Oversized Corner Tub And Separate Shower. Ensuite Laundry. Afternoon Sun Exposure Off The Balcony. Parking And Extra-Large Locker Included.Building Features Lower Private Roof-Top Patio With BBQ And Gardens. Wifi-Enabled Party/Meeting Room With Kitchen, Full Gym, Saunas, Security, Visitors Parking. 100 Walk Score: Steps From Upscale Shopping, Restaurants, Parks, Galleries, Attractions, And TTC. Exceptional Yorkville Value! (id:66096)

Property Details

MLS®: C14123700
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,757/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,606.37/yr
Listed: 7 days ago

Rooms

Main level

Foyer: 1.82 x 1.52 meters
Living room: 5.46 x 3.78 meters
Dining room: 3.14 x 2.62 meters
Other: 2.62 x 1.89 meters
Kitchen: 3.47 x 2.4 meters
Primary Bedroom: 4.35 x 3.66 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, Window Coverings
Flooring: Hardwood, Marble
Exterior: Concrete, Stone
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Annex) listings, avg age

58d

Price / ft²

$531

List price

$398K

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 (Annex) has been listed for 7 days, which is 51 days fresher than the city average of 58. Act while there is still low competition.

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Listed by MANOR HILL REALTY INC. · ANDREW JAMES SMITH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $398,000, about 4.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $77,743 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$398,000· $531/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,900

Min 5%50%

Mortgage payment$2,096/mo

↳ CMHC premium ($15,124 capitalized)

Property tax (est.)$301/mo

Condo fee$1,757/mo

Total monthly$4,154

Cash Needed to Close

Down payment (5%)$19,900

Land transfer tax$8,890

Est. closing costs$3,694

Total cash needed$32,484

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