$1,459,000 - 33 Bay Street Unit 5003, Downtown Toronto
New Construction for Sale in Downtown Toronto
- MLS Number
- C13124464
- Property Type
- New Construction
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- TRADEWORLD REALTY INC
* Enjoy This Luxury Living In 33 Bay Residence Sky Penthouse @ Pinnacle Centre At The Waterfront. * Rear Offered 3 Bedroom, 2 Bathroom Large Suite With Magnificent Lake And City Views * 1245 Sq.Ft., 10' Feet Ceiling, Floor-To-Ceiling Windows, Perfect Space For A Family Downtown Living And Entertaining. * Brand New Engineering Hardwood Floor Through-Out * Fresh Paint * Master Bedroom With A Luxurious 5-Piece Ensuite And Large Walk-In Closet * Upgraded Modern Gourmet Kitchen * Elegantly Appointed With Newer Stainless Steel Appliances And Granite Countertops * Blending European Style And Practicality Offering Lots Of Storage Space * 199 Sf. Huge Balcony With Plank Flooring For Extra Comfort * Most Comprehensive Resort Style $$$$ Amenities Including: 24 Hrs. Concierge, A Fully Equipped Fitness And Weight Room, Gym, Indoor Pool, Hot Tub, Sauna, Squash/Racquetball Courts, Outdoor Tennis Court & Putting Green, Billiards Room, Theater Room, Business Center And Guest Suites. * Conveniently Located Just Steps From Union Station, The Path, Scotiabank Arena, St. Lawrence Market And Entertainment And Financial Districts * Minutes To Gardiner & DVP To Get Out Of Town Quick. * Easy Access To The City's Finest Attractions And Conveniences. * 2 Parking Spots And 3 Lockers Included! *
Estimate your monthly payments for this property
Estimated Payment
$6,453.65/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
33 Bay Street Unit 5003, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1216/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.