607 - 889 Bay Street

Bay Street Corridor, Toronto

607 - 889 Bay Street, Bay Street Corridor, Toronto

$618,800

Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $884.00

About this Condo

in Bay Street Corridor, Toronto

Experience comfortable urban living in the heart of Toronto's prestigious Bay Street Corridor. This bright and spacious 1 Bedroom + Den suite offers a generous interior layout thoughtfully designed for real everyday living, featuring an open-concept living and dining area with an airy and welcoming flow. The oversized den can comfortably function as a second bedroom, guest space, or private home office, adding exceptional flexibility to the layout. Step out onto the large balcony and enjoy your own peaceful retreat above the energy of the city - the perfect place to relax and unwind after a busy day downtown. Located just steps to the Financial District, University of Toronto, hospitals, TTC, restaurants, cafés, shopping, and daily essentials, this home offers the ideal balance of convenience, comfort, and lifestyle in one of Downtown Toronto's most desirable neighbourhoods. Includes one parking space and one locker. Currently tenanted until October 31, 2026, with the tenant willing to stay or vacate, offering flexibility for both investors and end-users.

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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