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New39 minutes ago

808 - 750 Bay Street

Bay Street Corridor, Toronto

$448,800

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

Welcome to Suite 808 at The Penrose - a remarkably spacious one-bedroom residence in the heart of downtown Toronto. From the moment you enter the [ 708 square feet ] living space, the scale of this suite sets it apart. The expansive open-concept living and dining area offers the kind of space rarely found in a one-bedroom condo, with room for substantial furniture, a full dining setting, a dedicated work-from-home area and effortless entertaining - all without feeling crowded. Large windows bring natural light into the principal living space and extend the home outdoors to a private balcony [ 79 square feet ] , while the well-designed kitchen with breakfast bar keeps the layout open and connected. The generously proportioned bedroom features a walk-in closet, complemented by in-suite laundry and excellent functionality throughout. Parking and a Locker are included, adding even more value and convenience.The Penrose offers an exceptional collection of amenities designed for a true downtown lifestyle, including 24-hour concierge and security, a fully equipped fitness centre, indoor pool, hot tub, sauna and an exceptionally rare covered running track - an amenity seldom found in a downtown condominium.All of this in an outstanding Bay Street location, surrounded by the best of downtown Toronto with transit, shopping, dining, hospitals, universities and everyday conveniences just steps away.For buyers who love downtown living but don't want to compromise on space, Suite 808 is a rare find.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$986
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,276
mls© NumberC13727190
Listed ByRE/MAX CONDOS PLUS CORPORATION
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Hydro 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%
$2,297
Property tax
$273
Heat allowance
$150
Condo fees, half counted
$493
Housing costs
$3,213 / mo

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

Down payment20% · $89,760
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,760

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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