205 - 801 Bay Street

Bay Street Corridor, Toronto

205 - 801 Bay Street, Bay Street Corridor, Toronto

$674,900

Bedrooms: 1

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $964.14

About this Condo

in Bay Street Corridor, Toronto

Spacious 1+1 Bedroom, 2 Bathroom Suite at The Royalton! Excellent investment opportunity with rental income in a highly sought-after building. This bright and functional layout features a true 1-bedroom plus a large den and two full bathrooms, offering outstanding flexibility for working from home or accommodating guests. The den comfortably fits a bed and can function as a true second bedroom. The former sunroom area off the living room provides an additional workspace or lounge area, while the separate in-suite laundry room offers extra storage and convenience. The primary bedroom includes a private ensuite. The unit features floor-to-ceiling windows, a generous open-concept living and dining area, and a full-sized kitchen with ample cabinetry, breakfast bar, and updated stainless steel appliances. A well-maintained suite in a prime Toronto location, steps to transit, shopping, groceries, restaurants, major hospitals, and nearby universities. Walking distance to all daily necessities - a true 10/10 location. Currently tenanted.

Listed by KELLER WILLIAMS PORTFOLIO REALTY.

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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.

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