305 - 889 Bay Street

Bay Street Corridor, Toronto

305 - 889 Bay Street, Bay Street Corridor, Toronto

$698,000


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $872.50


About this Condo

in Bay Street Corridor, Toronto

Discover prime Downtown Toronto in this coveted 2 Bedroom + 2 Bathroom Bay Street Corridor condominium. Perfectly sized at 840 sq ft, this bright suite features an open-concept living and dining area, ideal for relaxation, entertainment, or working from home comfortably. Completely refreshed and move-in ready, the unit boasts fresh paint throughout, brand-new stainless steel kitchen appliances, updated washer and dryer, and modern flooring installed everywhere for a clean, contemporary finish. Enjoy superior peace of mind with 24-hour concierge and on-site management ensuring round-the-clock security and service within a well-maintained building. Located steps from the prestigious University of Toronto St. George Campus, world-class hospitals, vibrant restaurants, shopping, parks, and public transportation. This rare opportunity includes one owned spacious underground parking spot, conveniently located near the elevator,1 plus one locker. A major highlight is the all-inclusive maintenance fee covering hydro, water, heat, cooling, and building insurance, offering exceptional value with no extra utility surprises. This turn-key home in the heart of downtown combines security, convenience, and modern living seamlessly. Whether for personal residence or investment, the location offers unmatched connectivity and lifestyle benefits. Do not miss this chance to own a spacious, updated home in a highly sought-after building. Schedule your viewing today, experience the best of city living with comfort and style in this truly special suite designed for your everyday needs.

Listed by HOMELIFE GOLCONDA REALTY INC..


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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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