750 Bay Street Unit 2602, Toronto C01

Price: $798,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13417162

Spacious and beautifully updated 991 sq. ft. corner suite featuring 2 bedrooms, 2 full bathrooms, a balcony, 1 parking space, and 1 locker in a prime Bay & College location. This bright east-facing unit offers a fully renovated kitchen, smooth ceilings in the living room, new window blinds, and recent upgrades throughout. The open-concept layout includes a generous living and dining area, a large primary bedroom with closet, and excellent natural light. Comes with an office room dedicated and seperate from other rooms. All utilities are included. Enjoy unbeatable convenience just steps from the University of Toronto, Toronto Metropolitan University, the Financial District, major hospitals, shopping, dining, and transit.Exceptional building amenities include an indoor pool, sauna, steam room, fitness centre, indoor running track, games room, concierge, and more. All photos are virtually staged.

750 Bay Street Unit 2602 - Condo photo 1 of 16 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$798,000 - 750 Bay Street Unit 2602, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 7 days ago
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C13417162
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
T-ONE GROUP REALTY INC.,
Description

Spacious and beautifully updated 991 sq. ft. corner suite featuring 2 bedrooms, 2 full bathrooms, a balcony, 1 parking space, and 1 locker in a prime Bay & College location. This bright east-facing unit offers a fully renovated kitchen, smooth ceilings in the living room, new window blinds, and recent upgrades throughout. The open-concept layout includes a generous living and dining area, a large primary bedroom with closet, and excellent natural light. Comes with an office room dedicated and seperate from other rooms. All utilities are included. Enjoy unbeatable convenience just steps from the University of Toronto, Toronto Metropolitan University, the Financial District, major hospitals, shopping, dining, and transit.Exceptional building amenities include an indoor pool, sauna, steam room, fitness centre, indoor running track, games room, concierge, and more. All photos are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,094.15/mo

Includes CMHC insurance ($22,264)

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5-yr fixed avg.

Principal: $718,200Interest: $487,782
Mortgage Amount$740,464
Total Interest$487,782
Est. Property Tax$565/mo
Total Cost$1,228,246

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

750 Bay Street Unit 2602, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$565
Insurance (est.)-$166
Net Cash Flow+$964

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

Fair Market Value

At $887/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 900 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.

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 $3,325 (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.

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    750 Bay Street Unit 2602, Downt… — $798,000 | Battaglia Team