711 Bay Street Unit 1421, Toronto C01

Price: $399,999

2 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13225218

Welcome to The Liberties at 711 Bay Street - a spacious and well-appointed 1-bedroom plus solarium residence in the heart of Toronto's vibrant Bay Street Corridor. This bright and functional suite features an open-concept layout with generous living and dining areas, a versatile solarium ideal for a home office or guest space, large windows with beautiful city views, and a thoughtfully designed floor plan perfect for both end-users and investors.Enjoy unbeatable downtown convenience just steps to College Park, U of T, TMU, hospitals, the Financial District, TTC subway access, Eaton Centre, restaurants, shops, and entertainment. Residents enjoy exceptional building amenities including 24-hour concierge, indoor pool, fitness centre, sauna, party room, rooftop terrace, jogging track, visitor parking, and more.Experience comfortable urban living in one of downtown Toronto's most established and sought-after communities.

711 Bay Street Unit 1421 - Condo photo 1 of 11 in Downtown Toronto / Waterfront, Ontario
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$399,999 - 711 Bay Street Unit 1421, Downtown Toronto

Condo for Sale in Downtown Toronto

Popular Listing
2Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13225218
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
EXP REALTY
Description

Welcome to The Liberties at 711 Bay Street - a spacious and well-appointed 1-bedroom plus solarium residence in the heart of Toronto's vibrant Bay Street Corridor. This bright and functional suite features an open-concept layout with generous living and dining areas, a versatile solarium ideal for a home office or guest space, large windows with beautiful city views, and a thoughtfully designed floor plan perfect for both end-users and investors.Enjoy unbeatable downtown convenience just steps to College Park, U of T, TMU, hospitals, the Financial District, TTC subway access, Eaton Centre, restaurants, shops, and entertainment. Residents enjoy exceptional building amenities including 24-hour concierge, indoor pool, fitness centre, sauna, party room, rooftop terrace, jogging track, visitor parking, and more.Experience comfortable urban living in one of downtown Toronto's most established and sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,052.20/mo

Includes CMHC insurance ($11,160)

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$
5%10%50%

5-yr fixed avg.

Principal: $359,999Interest: $244,502
Mortgage Amount$371,159
Total Interest$244,502
Est. Property Tax$283/mo
Total Cost$615,660

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

711 Bay Street Unit 1421, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,419

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    711 Bay Street Unit 1421, Downt… — $399,999 | Battaglia Team