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607 - 801 BAY STREET, Toronto (Bay Street Corridor) — listed at $480,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to this beautiful northwest corner suite in the heart of downtown Toronto, offering a rare one-bedroom unit with over 600 square feet of living space-a highly sought-after feature in today's market. This bright and spacious condo is perfectly situated on Bay Street, just steps from everything the city has to offer. The open-concept living and dining area provides ample space for full-sized furniture, making it ideal for both everyday living and entertaining. The unit also features a large kitchen with full-sized appliances, thoughtfully tucked away from the main living area. The generously sized bedroom offers a large window and a double closet, while the oversized private balcony provides the perfect place to relax and unwind. Located in a well-managed building with strong property management with 24-hour concierge service and an impressive selection of amenities, including a fitness center, an outdoor terrace with a hot tub, and visitor parking. Residents enjoy unbeatable convenience with TTC transit at their doorstep, streetcar stops at the corner, and College Subway Station just a 3-minute walk away. Everyday essentials are within easy reach, including Farm Boy, grocery stores, banks, restaurants, a food court, and Ontario government services located directly across the street. Surrounded by many of Toronto's most prominent institutions, including the University of Toronto, Toronto Metropolitan University, and several major hospitals, this property is an ideal opportunity for professionals, students, or investors seeking strong rental demand in a prime downtown location. A Must See!!! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Flat | 4.38 x 3.53 meters |
| Kitchen | Flat | 4.11 x 3.81 meters |
| Living room | Flat | 4.38 x 3.53 meters |
| Bedroom | Flat | 2.8 x 2.95 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,918, a condo/maintenance fee of $869.03/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 1 space — Garage, Underground.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is this a good starter home?+
At $480,000, this is priced in starter-home territory for Toronto (Bay Street Corridor). Factor in condo fees when calculating your true monthly cost.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What do the condo/maintenance fees cover?+
The $869.03/mo fee covers: Common Area Maintenance, Heat, Water, Insurance, Parking.
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