709 - 1080 Bay Street

Bay Street Corridor, Toronto

709 - 1080 Bay Street, Bay Street Corridor, Toronto

$699,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,398.00

About this Condo

in Bay Street Corridor, Toronto

Welcome to U Condo, an exceptional residence located right next to the University of Toronto, ideal for students or anyone seeking vibrant downtown living! This beautifully designed 1-bedroom plus den unit (easily convertible into a second bedroom) offers 592 sqft of thoughtfully laid-out space with soaring 9' ceilings and floor-to-ceiling windows, flooding the home with natural light. Enjoy modern open-concept living with sleek hardwood floors, a European-style kitchen featuring integrated energy-efficient appliances, and elegant quartz countertops. Residents have access to 4,500 sqft of premium amenities, including a fully equipped rooftop gym, party room, library, sauna, and rooftop deck with stunning city views, plus 24-hour concierge service. Just steps from U of T, Bloor/Yorkville, the ROM, high-end shops, fine dining, and more, this is downtown living at its finest!

Listed by DREAM HOME 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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