| Heat Included | |
| Common Elements Included | |
| Hydro Included | |
| Building Insurance Included | |
| Water Included | |
| Parking Included | |
| CAC Included |
New2 hours ago
1811 - 711 Bay Street
Bay Street Corridor, Toronto
$699,000
Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home
Welcome To 711 Bay Street, Nestled In The Vibrant And Highly Coveted Bay Street Corridor In Downtown Toronto. This Residence is conveniently located near the College Subway Station, the University Of Toronto, Toronto Metropolitan University, Major Hospitals, Eaton Centre, And A Wide Selection Of Restaurants and Shops. This Bright And Spacious Suite Features 2-Bedrooms, 2-Bathrooms, Plus a Den ideal for a home office. A Functional Open-Concept Layout, Offering Comfortable Living Space And Excellent Convenience. An Ideal Opportunity For Investors, Young Professionals, And Students Looking To Live In Downtown With Easy Access To Transit, Shopping, Universities, Hospitals, And Work. 1 Parking and 1 Locker.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,241 |
| Locker | Owned |
| Balcony | None |
| Exposure | North South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,913 |
| mls© Number | C14126626 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,578
- Property tax
- $326
- Heat allowance
- $150
- Condo fees, half counted
- $620
- Housing costs
- $4,674 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $139,800
25-yr amortization
Income needed
$144,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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