Sold
$938,000
3bed|2bath|800-899sqft
1 parking|1 locker
Unit Ph306
770 Bay Street Ph306, Toronto C01, ON M5G 0A6
Residential Condo & Other|$823 fees|$5248 tax
MLS #C12360093
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Unit 2711 at Lumiere Condos
Sold770 Bay Street 2711, Toronto C01, ON M5G 0A6
MLS #C9263661
$1,272,000
Sold on October 1, 2024
October 1, 2024
Originally listed at $1,299,900 22 days on market
About This Property
Luxurious corner Suite At Lumiere Condominiums by Menkes In The Heart Of Bay St. Amazing Unobstructed West & North City Views. Move In Ready with Spacious and efficient floor plan with approximately 1262 Sq Ft. Living Area and Bedrooms Open To Oversized Balcony. Lots Of Windows & Natural Light. 10ft Ceilings and Hardwood Floor Throughout. Two Bathrooms, Oversized Locker. Den is currently being used as a 3rd bedroom. Steps To U Of T, All Major Hospitals, Queens Park & College Subways. Short Walk To Yorkville & Financial District. Enjoy luxury Facilities Such As 24 Hr Concierge, Indoor Pool, Gym, Sauna, Billiards Room, Visitor Parking, and Guest Suites.
Investment Analysis
$5,486
Est. Monthly Rent
Based on $4/sqft
5.06%
Gross Yield
Before expenses
3.58%
Net Yield
After expenses
19.7
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1094/mo) and property tax ($6,136/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$1,000/sqftLumiere Condos
$1,032/sqft-3.1%
Bay Street Corridor
$955/sqft+4.8%
Toronto C01
$883/sqft
Building PSF Range
$869$1,315
Fair Market Price
This unit is priced in line with the building average of $1,032/sqft. Expected net yield of 3.58% after maintenance and taxes.
Analysis based on 20 sales and 166 leases in this building. Unit size estimated at 1300 sqft.
Property Details
Bedrooms
3
Bathrooms
2
Square Feet
1200-1399 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2149
MLS Size1200-1399
Listed OnAug 19, 2024
Maintenance Fees$1,094/month
Property Tax$6,136/year
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Main) | 6.67 x 5.76 | 21.9 x 18.9 | - |
| Living Room(Main) | 6.67 x 5.76 | 21.9 x 18.9 | - |
| Dining Room(Main) | 6.67 x 5.76 | 21.9 x 18.9 | - |
| Dining Room(Main) | 6.67 x 5.76 | 21.9 x 18.9 | - |
| Kitchen(Main) | 6.67 x 5.76 | 21.9 x 18.9 | - |
| Kitchen(Main) | 6.67 x 5.76 | 21.9 x 18.9 | - |
| Primary Bedroom(Main) | 4.85 x 3.29 | 15.9 x 10.8 | - |
| Primary Bedroom(Main) | 4.85 x 3.29 | 15.9 x 10.8 | - |
| Bedroom 2(Main) | 3.23 x 2.81 | 10.6 x 9.2 | - |
| Bedroom 2(Main) | 3.23 x 2.81 | 10.6 x 9.2 | - |
| Den(Main) | 3.23 x 2.53 | 10.6 x 8.3 | - |
| Den(Main) | 3.23 x 2.53 | 10.6 x 8.3 | - |
| Den(Main) | 1.28 x 3.66 | 4.2 x 12.0 | - |
| Den(Main) | 1.28 x 3.66 | 4.2 x 12.0 | - |
Room Dimensions Available
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Unit 2711 History
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Price History
Original List Price
$1,299,900
Listed on Aug 19, 2024
Sold Price
$1,272,000
Sold on Oct 1, 2024
-$27,900
-2.1%
22 days on market
Price History Available
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Unit 2612
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$1,138,000
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1 parking|1 locker
Unit Ph208
770 Bay Street Ph208, Toronto C01, ON M5G 0A6
Residential Condo & Other|$1091 fees|$5822 tax
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OQ
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OVAIS QASSIM
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Building Information
Building NameLumiere Condos
Address770 Bay, Toronto C01
Parking TypeUnderground
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About Unit 2711 at Lumiere Condos
Unit 2711 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1200-1399 square feet located at Lumiere Condos, 770 Bay, Toronto C01. This unit is currently sold (sold for $1272K).
About Lumiere Condos
Lumiere Condos is located at 770 Bay, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Bay Street Corridor Neighbourhood
This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Lumiere Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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