1101 - 1055 Bay Street

Bay Street Corridor, Toronto

1101 - 1055 Bay Street, Bay Street Corridor, Toronto

$679,900

Bedrooms: 2

Bathrooms: 1

Living Area: 900 sqft

Price Per Sqft: $755.44

About this Condo

in Bay Street Corridor, Toronto

Welcome to this spacious 2 bedroom plus den suite in the heart of downtown. Offering a highly functional layout, the bright den features a window and door, making it ideal as a third bedroom, private office, or guest space. The expansive living and dining area provides ample room for both everyday living and entertaining. Located just steps from the University of Toronto, Toronto Metropolitan University, major hospitals, Yorkville, transit, and everyday amenities, this prime location ensures strong rental appeal and long-term value. All utilities are included in the maintenance fees, offering added convenience and predictable costs. Residents enjoy access to a full range of amenities including a gym, whirlpool, sauna, party room, and rooftop deck. Complete with one parking space and one locker, this is an exceptional opportunity to own in one of Toronto's most sought-after downtown locations, ideal for those seeking comfort as well as investors looking for a high-demand rental opportunity.

Listed by CITYSCAPE REAL ESTATE LTD..

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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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