506 - 887 Bay Street

Bay Street Corridor, Toronto

506 - 887 Bay Street, Bay Street Corridor, Toronto

$999,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $999.00

About this Condo

in Bay Street Corridor, Toronto

Welcome to this beautifully renovated condo in the highly sought-after Opera Place. This bright and sunny suite features a desirable split-bedroom layout, perfect for privacy and functionality. The open-concept living and dining area provides an ideal space for entertaining, with a seamless flow onto a spacious, oversized balcony that is perfect for enjoying morning coffee or sunsets with a view of the CN Tower and Queen's Park. The modern kitchen boasts granite countertops, ample cabinetry, and a stylish, contemporary design. The stainless steel appliances are two years old. Enjoy the convenience of two full bathrooms, including a stunning ensuite with a luxurious soaker tub and shower. Convenient laundry closet with extra storage. Fully renovated with high-end finishes, this home features large windows that provide an abundance of natural light, generously sized bedrooms, and ample closet space. Unbeatable Location: Just steps to the University of Toronto, Toronto Metropolitan University, YMCA, Hospital Row, the Financial District, subway, shopping, dining, and more. Ideal for professionals, students, and anyone seeking a vibrant downtown lifestyle. *this property has been virtually staged*

Listed by MARTIN GROUP.

Share
Photo 0 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 0

Photo 1 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 1

Photo 2 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 2

Photo 3 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 3

Photo 4 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 4

Photo 5 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 5

Photo 6 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 6

Photo 7 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 7

Photo 8 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 8

Photo 9 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 9

Photo 10 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 10

Photo 11 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 11

Photo 12 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 12

Photo 13 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 13

Photo 14 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 14

Photo 15 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 15

Photo 16 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 16

Photo 17 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 17

Photo 18 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 18

Photo 19 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 19

Photo 20 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 20

Photo 21 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 21

Photo 22 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 22

Photo 23 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 23

Photo 24 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 24

Photo 25 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 25

Photo 26 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 26

Photo 27 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 27

Photo 28 at 506 - 887 Bay Street, Bay Street Corridor, Toronto

Photo 28

LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

Request A Showing Or Find Out More 

Have a question or interested in this property? Send us a message!

inquire