$935,000

For sale

#905 832 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#905 832 Bay Street, Toronto (Bay Street Corridor), Ontario, M5S1Z6

3 beds2 baths1 parking1,100 ft²$960/mo condo feeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 14 days, fresher than the Toronto average of 60 days.

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Description

1 Parking Spot and 3 Lockers! Welcome To Burano On Bay Located At Bay St & College St. You will love this rarely Offered luxury 1090 Sq.Ft 2 bedroom + Den & 2 Full washroom corner suite . The Unit Includes: Floor-To-Ceiling Windows With North-East City Views, Versatile Open Concept Ideal For Entertaining, Modern Kitchen With Granite-Top Island And Stainless Steel Appliances. With 2 full bathrooms, a versatile den ideal for working from home, and luxurious finishes throughout, this suite invites both relaxation and productivity. Nestled in the heart of Downtown, you're just steps from U of T, the Financial District, College Park subway, and some of the city's best restaurants and shops. It's not just a home, it's a lifestyle above it all. (id:66096)

Property Details

MLS®: C14105758
Property Type: Single Family
Zoning: Single Family Residential
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $960/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,578.35/yr

Rooms

Flat

Living room: 7.8 x 3.64 meters
Dining room: 7.8 x 3.64 meters
Kitchen: 3.64 x 2.25 meters
Primary Bedroom: 3.25 x 3.17 meters
Bedroom 2: 3.27 x 2.79 meters
Den: 3.17 x 3.07 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, Hood Fan, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$850

List price

$935K

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 14 days, which is 46 days fresher than the city average of 60. Act while there is still low competition.

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Listed by PROMPTON REAL ESTATE SERVICES CORP. · DANIEL XIAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $935,000, about 13.4× the local median household income of $70,000.

Carrying it typically needs a household income of about $182,638 (20% down, 25-yr amortization, stress-tested) — roughly 161% 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)

$935,000· $850/ft²

For sale

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Full Cost Breakdown

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Down Payment7.33% · $68,500

Min 7.33%50%

Mortgage payment$4,804/mo

↳ CMHC premium ($34,660 capitalized)

Property tax (est.)$465/mo

Condo fee$960/mo

Total monthly$6,229

Cash Needed to Close

Down payment (7.33%)$68,500

Land transfer tax$30,350

Est. closing costs$5,305

Total cash needed$104,155

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