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New3 hours ago

1610 - 889 Bay Street

Bay Street Corridor, Toronto

$1,550,000

Condo Apartment |
2 + 1 | 3 | 3 | 1
About this home

Step into a truly extraordinary residence in the heart of downtown Toronto. Located in the prestigious 889 Bay Street, this one-of-a-kind 2,885 sq. ft. luxury suite is the inspired combination of Units 1608, 1610, and 1611.Offering a scale rarely seen in condo living, this expansive home delivers unparalleled flexibility, volume, and presence. With three separate entrances, the suite provides exceptional versatility-enjoy it as one grand residence or customize the layout for multi-generational living, private guest quarters, or live-in staff. Featuring two full kitchens, a self-contained one-bedroom suite, and a thoughtfully designed layout, the possibilities are endless. Expansive windows flood the home with natural light, creating a bright and airy ambiance throughout. This exceptional offering also includes 3 parking spaces and 3 storage lockers-a rare and valuable asset in Toronto's downtown core. Building Amenities: 24/7 concierge & security, fully equipped fitness centre, Party & meeting rooms, Visitor parking, On-site retail including a café and pharmacy. Steps to transit and within walking distance to University of Toronto, Toronto Metropolitan University, CF Toronto Eaton Centre, Queen's Park, The Financial District & top hospitals. Yorkville for luxury shopping and dining. Massey Hall and the Elgin and Winter Garden Theatre Centre. his is more than a home-it's a truly exceptional residence in one of Toronto's most connected and sought-after neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2750-2999 sq. ft.
Maintenance Fees$3,301
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces3
Parking FeaturesNone
Property Tax$12,353
mls© NumberC13731416
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Heat Included
Hydro Included
Water Included
Building Insurance Included
Parking Included
CAC Included
Common Elements 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%
$7,934
Property tax
$1,029
Heat allowance
$150
Condo fees, half counted
$1,650
Housing costs
$10,763 / mo

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

Down payment20% · $310,000
25-yr amortization

Income needed

$331,000

gross annual household income

Payment at 4%
$6,523 / mo
Cash down
$310,000

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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