Price
$425,000
Bedrooms1 Beds
Bathrooms1 Baths
Size500-599 sqft
Year BuiltNot listed
Property TypeCondo
Property Taxes$2428.16
Maintenance Fees$474.75/month
Welcome to Suite 716 at 1001 Bay Street, a freshly painted residence in one of downtown Toronto's most desirable buildings. Overlooking the University of Toronto St. George campus and the historic St. Basil's Church, this suite offers a rare, unobstructed view with a peaceful cityscape framed by trees, architectural spires, and open sky. The interior features a bright, open concept layout with large windows that fill the space with natural light throughout the day. The main living and dining area provides generous proportions for both relaxation and entertaining. The modern kitchen with pot lights, offers full size appliances, and excellent storage. The spacious solarium, enclosed with glass and bathed in sunlight, can easily be converted into a bedroom, private office, or studio, making the floor plan both practical and versatile. Neutral tones and thoughtful details create a warm and welcoming atmosphere, ideal for personal enjoyment or investment. Residents of 1001 Bay enjoy access to Club 1001, an exceptional amenity complex on the second floor. Highlights include a fully equipped fitness centre, indoor saltwater pool, hot tub, sauna, squash and basketball courts, and two guest suites. The outdoor terrace features four BBQs and dining areas perfect for summer gatherings. Social activities such as movie nights and community events help residents connect and enjoy a friendly environment. Additional amenities include concierge, visitor parking, party and meeting rooms, and a lobby with multiple seating areas, a mezzanine library, and a games lounge. The main level includes on site dining options for quick and convenient meals. The Wellesley subway station is only two blocks away, and with access to three subway lines, the Eaton Centre, Yorkville, and Toronto's top hospitals and universities are all within easy reach. Perfect for students, professionals, or investors, Suite 716 combines luxury, flexibility, and location in the heart of the Bay Corridor.
Unit Number
Unit 16
Maintenance Fee
$474.75/month
Inclusions
Cable, Water
Building Insurance
Yes
Exposure
North West
Locker
Not listed
Parking Type
Underground
Pet Policy
Restricted
Property Manager
First Service Residential 416-510-8700
Stories
7 floors
Condo Corp Number
876
Water
Included
Hydro
Not included
Cable
Included
Heat
Not included
Parking
Not included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$340,000
Total Interest Payments
$209,631
Total Payment (Principal + Interest)
$549,631
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
Bay Street Corridor, Toronto M4Y 0B6
Bay Street Corridor, Toronto M5G 2G4
Bay Street Corridor, Toronto M4Y 3G5
Bay Street Corridor, Toronto M4Y 2X6
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
A scenic township encompassing rural communities, agricultural lands, and beautiful waterfront properties around Lake Scugog
Explore Today
Known as the Trail Capital of Canada, featuring extensive hiking networks, historic downtown, and strong arts community
Explore Today
A dynamic city combining industrial heritage with modern amenities, featuring universities, shopping centers, and waterfront trails
Explore Today
A growing community with historic downtown, modern amenities, and beautiful harbor front, perfect for families and professionals
Explore Today
A diverse waterfront community offering modern amenities, extensive recreational facilities, and excellent transportation links
Explore Today
A vibrant city featuring waterfront trails, conservation areas, and diverse neighborhoods with easy access to Toronto
Explore Today
A peaceful rural city known for its friendly atmosphere, agricultural heritage, and tight-knit community spirit
Explore Today
A picturesque waterfront region featuring over 250 lakes, known for its outdoor recreation, scenic beauty, and welcoming small-town charm
Explore Today