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New1 hour ago

3101 - 761 Bay Street

Bay Street Corridor, Toronto

$545,000

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

Nestled in the vibrant and highly coveted Bay Street Corridor of Toronto, this spacious 1 bedroom unit with a Functional Open Concept Layout W/615 Sf Living Space. Step outside onto your oversized 57 Sq Ft Open Balcony for some fresh air on the 31st Floor! Prime Location With A Walkscore of 95, Minutes From The Financial District, Eaton Centre, U of T, Ttc, Farm Boy Grocery, Banks & Much More. Great For Investors, Young Professionals And Students Looking To Be Close To The Core With Easy Accessibility To Transit, Shopping, Schools and Work. Amenities Include 24Hr Concierge, Fitness Room, Indoor Pool, Sauna, Outdoor Terrace, Party Room & More.Unit has been freshly painted. Some of the photos are virtually staged.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$597
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,620
mls© NumberC14129252
Listed ByNU STREAM REALTY (TORONTO) INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,790
Property tax
$302
Heat allowance
$150
Condo fees, half counted
$298
Housing costs
$3,540 / mo

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

Down payment20% · $109,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,293 / mo
Cash down
$109,000

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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