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1 / 0
New2 hours ago

1708 - 1121 Bay Street

Bay Street Corridor, Toronto

$468,000

Condo Apartment |
2 | 1 | 0 | 1
About this home

High above Bay & Bloor, this south-east corner 640 sq ft residence sits right at the heart of the transit network, making it a prime location for downtown living. Freshly updated with new wide-plank vinyl flooring, professional new paint throughout, vintage bulb chandelier that delivers a warm, nostalgic glow, new LED pot lights and large slim LED ceiling lights with customizable color temperatures to light up this home. The 2-bedroom maximizes a compact footprint and use of space in this polished home ready for cozy gatherings in a big city. The kitchen is finished with granite countertops, a mirrored backsplash & a double-sink with pull-out faucet. Paired with it is a kitchen island with an elegant range hood above and a beautiful glass-cooktop. The unit also features a set of in-suite washer and dryer. Its 9-foot ceiling, large windows and open balcony frame rich city views and flood each room with natural light. Which also highlights the vibrant city life below, including the Royal Ontario Museum, short walk to the University of Toronto, Yorkville shopping and food scene are perfect for professionals, students and families building lives in Toronto. Building amenities (gym, sauna, rooftop garden, library, media & party rooms) suit every lifestyle & include a 24hr concierge service .This residence is well maintained by a professional property management team, keeping it in a pristine condition. Utilities are covered by the maintenance fees, so you can live worry-free. A storage locker is included for added convenience.

Extras

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$923
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,371
mls© NumberC14098542
Listed ByBAY STREET GROUP INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,395
Property tax
$281
Heat allowance
$150
Condo fees, half counted
$462
Housing costs
$3,288 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $93,600
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$1,969 / mo
Cash down
$93,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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