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New1 hour ago

406 - 832 Bay Street

Bay Street Corridor, Toronto

$518,800

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

Welcome to BURANO Condominium on Bay Street, where modern city living meets unbeatable convenience in the heart of downtown Toronto. This beautifully refreshed 1- bedroom PLUS Den suite offers 608 sq. ft. of bright, open-concept living with soaring 9' ceilings, expansive floor-to-ceiling windows, and a sought-after East exposure that fills the home with natural light. Freshly painted throughout and featuring brand-new waterproof luxury vinyl plank flooring, this move-in ready suite boasts an extra spacious living and dining area, contemporary kitchen with stainless steel appliances, a generous primary bedroom with mirrored closets, a versatile den ideal for a home office or dining space, and a spa-inspired bathroom with a marble-top vanity. Residents of Burano enjoy exceptional resort-style amenities, including a spectacular outdoor pool with lounge area, a fully equipped Fitness Centre, 24-hour Concierge Service & Security, Party Room, Guest Suites, and Visitor Parking. Perfectly situated just north of College Street on prestigious Bay Street, you're steps to the University of Toronto, Toronto Metropolitan University, College Subway Station, Toronto's world-renowned hospitals, Yorkville, Queen's Park, the Financial District, Eaton Centre, restaurants, cafés, shopping, and everything downtown has to offer. A rare opportunity to own a beautifully updated suite in one of downtown Toronto's most desirable condominium communities.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$452
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$3,000
mls© NumberC13646850
Listed ByRE/MAX CONDOS PLUS CORPORATION
Heat Included
CAC Included
Common Elements Included
Building Insurance Included
Water 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%
$2,655
Property tax
$250
Heat allowance
$150
Condo fees, half counted
$226
Housing costs
$3,282 / mo

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

Down payment20% · $103,760
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,183 / mo
Cash down
$103,760

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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