| Building Insurance Included | |
| Common Elements Included |
New1 hour ago
404 - 761 Bay Street
Bay Street Corridor, Toronto
$580,000
Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home
New painting, Vacant , Great size,College Park, 761 Bay, The South Tower of The Residences of College Park Located In the vibrant Bay Street Corridor. This highly sought after condo offers a Gorgeous Unit 755 Sqf 1+1 unit with parking & locker. Bright and spacious layout with flow and functionality. granite countertop. Open concept combined living & dining venture out to East facing balcony (40 Sqf ).Primary bedroom w/ 4 pc ensuite, and one Washroom(Powder Room) Huge Den perfect for office space or Putting Bed. , additional storage, or a nursery or second bedroom. Enjoy world-class amenities, including a 24-hour concierge, indoor pool, gym, sauna, virtual golf, yoga studio, guest suites, and a party room. Direct access to the underground PATH system allows for weatherproof travel to financial district offices, grocery stores, shopping, IKEA and TTC transit. Just steps from Toronto Metropolitan University, University of Toronto, hospitals, and trendy dining & entertainment. Prime location ideal for professionals, students, and investors.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $682 |
| Locker | Owned |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,283 |
| mls© Number | C13731890 |
| Listed By | CENTURY 21 NEW CONCEPT |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,969
- Property tax
- $357
- Heat allowance
- $150
- Condo fees, half counted
- $341
- Housing costs
- $3,817 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $116,000
25-yr amortization
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,441 / mo
- Cash down
- $116,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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