1610 - 889 Bay Street

Bay Street Corridor, Toronto

1610 - 889 Bay Street, Bay Street Corridor, Toronto

$1,748,000

Bedrooms: 2

Bathrooms: 3

Living Area: 2,750 sqft

Price Per Sqft: $635.64

About this Condo

in Bay Street Corridor, Toronto

Step into a truly extraordinary residence in the heart of downtown Toronto. Located in the prestigious 889 Bay Street, this one-of-a-kind 2,885 sq. ft. luxury suite is the inspired combination of Units 1608, 1610, and 1611.Offering a scale rarely seen in condo living, this expansive home delivers unparalleled flexibility, volume, and presence. With three separate entrances, the suite provides exceptional versatility-enjoy it as one grand residence or customize the layout for multi-generational living, private guest quarters, or live-in staff.Featuring two full kitchens, a self-contained one-bedroom suite, and a thoughtfully designed layout, the possibilities are endless. Expansive windows flood the home with natural light, creating a bright and airy ambiance throughout. This exceptional offering also includes 3 parking spaces and 3 storage lockers-a rare and valuable asset in Toronto's downtown core. Building Amenities: 24/7 concierge & security, fully equipped fitness centre, Party & meeting rooms, Visitor parking, On-site retail including a café and pharmacy. Steps to transit and within walking distance to University of Toronto, Toronto Metropolitan University, CF Toronto Eaton Centre, Queen's Park, The Financial District & top hospitals. Yorkville for luxury shopping and dining. Massey Hall and the Elgin and Winter Garden Theatre Centre. his is more than a home-it's a truly exceptional residence in one of Toronto's most connected and sought-after neighbourhoods.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.

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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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