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New2 hours ago

4807 - 832 Bay Street

Bay Street Corridor, Toronto

$580,000

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

Welcome to 832 Bay Street #4807 - a bright and beautiful 1-bedroom, 1-bathroom condo in the heart of downtown Toronto. Perched high above the city, this suite offers a functional open-concept layout with bright living and dining spaces, a modern kitchen, and stunning eastern views. Step out onto the open balcony to enjoy your morning coffee or take in the city views in the evening. The suite offers comfortable everyday living with plenty of natural light and an efficient layout. The unit comes with one parking space and two storage lockers, providing exceptional convenience and plenty of additional storage - a rare combination in the downtown core. Located just a 5-minute walk from College subway station, 832 Bay puts you close to Toronto Metropolitan University, Toronto General Hospital, Mount Sinai Hospital, the University of Toronto, shops, restaurants, and everything downtown Toronto has to offer. Whether you're a first-time buyer, professional, student, or investor, this is an excellent opportunity to own a well-located condo in one of Toronto's most convenient neighbourhoods.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size0-499 sq. ft.
Maintenance Fees$506
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,468
mls© NumberC13749340
Listed BySHORELINE REALTY CORP.
Heat Included
CAC 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%
$2,969
Property tax
$289
Heat allowance
$150
Condo fees, half counted
$253
Housing costs
$3,661 / mo

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

Down payment20% · $116,000
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$116,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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