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New3 hours ago

709 - 770 Bay Street

Bay Street Corridor, Toronto

$498,000

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

Welcome to 770 Bay St Suite 709 at the prestigious Lumière Condominiums, ideally situated at Bay and College in the heart of downtown Toronto. This beautifully maintained suite features soaring 9-ft ceilings, engineered hardwood flooring, floor-to-ceiling windows, a bright open-concept kitchen and living area, and an expansive south-facing balcony. Enjoy five-star building amenities, including 24-hour concierge, visitor parking, a fitness centre, indoor pool, sauna, yoga studio, theatre, party room, guest suites, and a scenic rooftop terrace with BBQs. With College Subway Station at your doorstep and the PATH network, U of T, TMU, Yorkville, Queen's Park, major hospitals, the Financial District, Eaton Centre, shops, and restaurants all nearby, this is an exceptional opportunity for both end users and investors!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$511
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,100
mls© NumberC13757964
Listed ByBAY STREET GROUP INC.
CAC Included
Common Elements Included
Heat 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%
$2,549
Property tax
$258
Heat allowance
$150
Condo fees, half counted
$256
Housing costs
$3,213 / mo

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

Down payment20% · $99,600
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,096 / mo
Cash down
$99,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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