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New2 hours ago

770 Bay Street

Bay Street Corridor, Toronto

$399,900

Condo Apartment |
1 | 1 | 0
About this home

Welcome to Lumiere Condominiums at 770 Bay Street, An Unbeatable location just steps to College Subway Station and TTC, Walking Distance to the PATH network, University of Toronto, Toronto Metropolitan University, Queen's Park, Yorkville, the Financial District, Eaton Centre, and the premier shopping along Bloor Street. This South Facing, Spacious One Bedroom Unit featuring soaring 9-ft ceilings, engineered hardwood flooring, floor-to-ceiling windows, and a bright, open-concept kitchen and living area. Residents also enjoy an impressive array of resort-inspired amenities, including 24-hour concierge, visitor parking, fitness center, indoor swimming pool, sauna, yoga studio, theatre, party room, guest suites, and a spectacular rooftop terrace with BBQs.An outstanding opportunity for end users seeking vibrant downtown living or investors looking for a centrally located property with excellent tenant appeal.

Extras

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$512
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$3,100
Lot Size x
mls© NumberC14114240
Listed ByHOMELIFE NEW WORLD REALTY INC.

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%
$2,047
Property tax
$258
Heat allowance
$150
Condo fees, half counted
$256
Housing costs
$2,711 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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Comparable sales

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