1603 - 801 Bay Street

Bay Street Corridor, Toronto

1603 - 801 Bay Street, Bay Street Corridor, Toronto

$678,000


Bedrooms: 1

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $968.57


About this Condo

in Bay Street Corridor, Toronto

Welcome to this BEAUTIFULLY UPDATED 1+DEN, 2-BATHROOM SUITE in the heart of downtown Toronto at 801 Bay Street: The Royalton. This bright and well-designed residence features EXTENSIVE RECENT UPGRADES THROUGHOUT, offering a stylish and move-in-ready opportunity in one of the city's most convenient locations. The unit has been PROFESSIONALLY UPDATED FROM TOP TO BOTTOM, including NEW FLOORING THROUGHOUT, FRESH PAINT ON ALL WALLS AND DOORS, AND REFINISHED KITCHEN CABINETRY WITH BRAND-NEW CABINET DOORS AND HARDWARE. The kitchen is equipped with UPDATED STAINLESS STEEL APPLIANCES (approx. 2 years old) including a newer stove, creating a modern and functional cooking space. Both bathrooms have also been refreshed with NEW TILE, VANITY, AND QUARTZ COUNTERTOP FINISHES, adding a clean and contemporary feel.The VERSATILE DEN offers the perfect space for a home office, study area, or guest space, while the well-planned layout with TWO FULL BATHROOMS provides excellent flexibility for end-users or investors alike. Located in a WELL-MANAGED BUILDING WITH STRONG MANAGEMENT, residents enjoy unbeatable convenience with TTC AT YOUR DOORSTEP, streetcar stops at the corner, and JUST A 3-MINUTE WALK TO COLLEGE SUBWAY STATION. Everyday essentials are steps away including Farm Boy, grocery stores, banks, restaurants, a food court, and Ontario government services located directly across the street. Surrounded by many of Toronto's most important institutions including University of Toronto, Toronto Metropolitan University, and several major hospitals, this is an ideal location for professionals, students, or investors seeking strong rental demand. A RARE OPPORTUNITY TO OWN A FULLY UPDATED SUITE IN ONE OF DOWNTOWN TORONTO'S MOST CONNECTED AND WALKABLE NEIGHBOURHOODS.

Listed by EXP 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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