2414 - 761 Bay Street

Bay Street Corridor, Toronto

2414 - 761 Bay Street, Bay Street Corridor, Toronto

$550,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,100.00

About this Condo

in Bay Street Corridor, Toronto

Welcome to The Residences of College Park. One of Bay Street's most iconic and well-managed buildings is in the heart of downtown Toronto. Perched on the 24th floor, this bright and spacious suite offers the perfect 1-bedroom layout with 580 sq ft of living space with floor-to-ceiling windows and a seamless open-concept layout. Step out onto your oversized private balcony (which is large enough for a dining table and summer entertaining) and enjoy open city views from above. The kitchen features stainless steel appliances, a mirrored backsplash, and generous cabinetry. A full-sized stacked washer & dryer and ample storage add everyday convenience. Incredible value with maintenance fees of only $449.58/Month, including heat, water, and central A/C (hydro separately metered). Locker included (P2). Property taxes for 2026: $3,204.87. Residents enjoy 24-hour concierge, 5 high-speed elevators serving the direct underground access (P1) to Collage Park shops and subway station, Metro, Farm Boy, LCBO, Winners, TD, Rexall, Service Ontario and more. Steps to U of T, TMU, major hospitals, Eaton Center, Bay & Bloor, Yorkville, and everyday amenity imaginable. Walk score 98. Transit score 100. A rare opportunity in a prime Bay Street location with limited inventory in the building.

Listed by PSR.

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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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