5301 - 1080 Bay Street

Bay Street Corridor, Toronto

5301 - 1080 Bay Street, Bay Street Corridor, Toronto

$1,700,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,400 sqft

Price Per Sqft: $1,214.29

About this Condo

in Bay Street Corridor, Toronto

Welcome to the prestigious U Condominiums, an iconic Pemberton-built luxury residence perfectly positioned in Toronto's coveted Bay & Bloor neighborhood, adjacent to the picturesque grounds of St. Michael's College at the University of Toronto. This spectacular south-east corner suite offers an exceptional combination of elegance, space, and breathtaking panoramic views. Boasting approximately 1,477 sq. ft. of luxurious interior living space plus an impressive 399 sq. ft. across two expansive wraparound balconies, this residence is flooded with natural light through dramatic floor-to-ceiling, wall-to-wall windows, showcasing unobstructed views of the city skyline and Lake Ontario. Soaring 10-foot ceilings, designer lighting throughout, and an exceptional open-concept layout create an atmosphere of sophistication and comfort. The spacious den is ideal as a home office, guest suite, or potential third bedroom, offering incredible versatility. This rare offering includes two premium parking spaces and a locker, an extraordinary convenience in the heart of downtown. Residents enjoy first-class amenities including a 24-hour concierge, state-of-the-art fitness centre, elegant party and meeting rooms, spectacular rooftop terrace and gardens with panoramic city views, visitor parking, and excellent security. Experience one of Toronto's most desirable lifestyles, just steps from Yorkville, Bloor Street's world-class shopping and dining, the University of Toronto, hospitals, museums, libraries, parks, cultural attractions, and TTC subway stations. Everything you need is literally at your doorstep. A rare opportunity to own an extraordinary luxury residence in one of Toronto's most prestigious addresses-where timeless elegance, breathtaking views, and an unbeatable location come together to create an exceptional place to call home.

Listed by Royal LePage Security Real Estate.

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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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