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New2 hours ago

1212 - 711 Bay Street

Bay Street Corridor, Toronto

$649,900

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

Downtown Toronto Gem | 2 Bed + Den, 2 Bath with Parking & Locker! Bright, spacious, and freshly painted, Suite 1212 at 711 Bay Street offers the ultimate downtown footprint. This prime 2-bedroom + den corner suite features a functional split-layout filled with natural light, perfect for professionals, families, or savvy investors seeking strong ROI near the Financial District, U of T, and TMU.Versatile Living: Generous den ideal for a home office or 3rd bedroom setup.Value-Add Building Updates: Common floor hallways scheduled for upcoming modern updates, adding immediate future value! Prime Amenities & Location: 24/7 concierge, indoor pool, gym, rooftop terrace, and guest suites. Steps to Line 1 Subway, hospitals, Eaton Centre, and Toronto General.Includes 1 parking space and 1 storage locker. Move-in ready real estate in a top-tier downtown condo building!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$1,241
LockerOwned
BalconyNone
ExposureNorth South
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,990
mls© NumberC13791020
Listed ByKELLER WILLIAMS EMPOWERED REALTY
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking 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%
$3,326
Property tax
$333
Heat allowance
$150
Condo fees, half counted
$620
Housing costs
$4,429 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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