$558,000 - 761 Bay Street Unit 610, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13228204
- Property Type
- Condo
- Status
- active
- Days on Site
- 10
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Located in the heart of downtown Toronto's Bay Street Corridor, this bright and functional 1+Den, 2-bathroom suite is situated in the highly sought-after College Park South Tower. Offering a practical layout and modern finishes, The open-concept living and dining area is filled with natural light, featuring floor-to-ceiling windows that provide beautiful city views and create a spacious, airy feel. The modern kitchen is equipped with stainless steel appliances, stone countertops, a stylish mirror backsplash, and ample cabinetry, combining both function and contemporary design. The primary bedroom is well-sized with closet space and direct access to a full bathroom. The den is generously sized and versatile, suitable as a second bedroom or home office, adding flexibility to the layout. A second full bathroom enhances comfort and convenience. Additional features include laminate flooring throughout, in-suite laundry, and one underground parking space. Residents enjoy premium building amenities including a 24-hour concierge, fitness centre, indoor pool, sauna, party room, meeting rooms, guest suites, and secure entry. Direct indoor access to the PATH system and College subway station, offering unmatched year-round connectivity without stepping outdoors. This prime location is within walking distance to the University of Toronto, Toronto Metropolitan University, Eaton Centre, Financial District, major hospitals, restaurants, cafes, and entertainment. With strong rental demand and exceptional walkability, this suite presents an excellent opportunity for both end-users and investors in one of Toronto's most connected downtown communities.
Estimate your monthly payments for this property
Estimated Payment
$2,862.83/mo
Includes CMHC insurance ($15,568)
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.
761 Bay Street Unit 610, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $797/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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 700 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 $2,325 (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.