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New2 hours ago

702 - 717 Bay Street

Bay Street Corridor, Toronto

$729,900

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

Welcome to Suite 702 at 717 Bay Street- a fully updated 2-bedroom + den offering almost 1,100 sqft. in the heart of downtown. Bright, modern and move-in ready, this well-designed suite features generous bedrooms, large closets (including a walk-in) renovated kitchen and bathrooms and a versatile den perfect for a home office or study. There's also a large ensuite laundry room and linen closet - excellent storage throughout this unit and parking and a locker add to the convenience. Maintenance fees include all utilities, cable TV and internet offering tremendous value. And, the hallway corridor renovation is underway! The Liberties features a great selection of amenities including 24-hour concierge, indoor pool and whirlpool, gym, indoor jogging track, sauna and landscaped gardens. All this and an unbeatable location steps to College Park, Yonge Street, TTC, hospitals, U of T, TMU and the Financial District. Suite 702 is a great fit for investors, families and professionals looking for great value with exceptional access to everything downtown has to offer. Some photos have been virtually staged.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,234
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,801
mls© NumberC13870304
Listed ByRE/MAX CONDOS PLUS CORPORATION
Heat Included
Water Included
Hydro Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$3,736
Property tax
$317
Heat allowance
$150
Condo fees, half counted
$617
Housing costs
$4,820 / mo

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

Down payment20% · $145,980
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,072 / mo
Cash down
$145,980

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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