Lph02 - 763 Bay Street

Introducing a remarkable opportunity to acquire a stunning apartment for sale in Toronto , located at 763 Bay Street, Toronto. This beautifully renovated 2-bedroom penthouse is situated within the prestigious College Park Residences, offering a sophisticated living experience that is truly unparalleled. The property is positioned in the vibrant Bay Street Corridor, making it an ideal choice for those seeking both luxury and convenience in the heart of the city.

As you step into this bright corner unit, you are immediately greeted by an abundance of natural light that floods the space, creating an open and airy atmosphere. The generous living area boasts soaring 10-foot ceilings and elegant hardwood flooring throughout, which not only enhances the aesthetic appeal but also provides a sense of grandeur. This apartment for sale in Toronto is designed for those who appreciate style and comfort, making it the perfect retreat from the bustling city life.

The modern kitchen is a chef’s dream, equipped with sleek stainless steel appliances and ample storage, ensuring that you have everything you need to prepare culinary delights. The family-sized kitchen flows seamlessly into the living area, making it an ideal space for entertaining guests or enjoying quiet evenings at home. The property features a fireplace, adding a touch of warmth and charm, perfect for those cooler evenings.

One of the standout features of this apartment for sale in Toronto is the breathtaking views it offers. From the comfort of your home, you can enjoy unobstructed panoramic vistas of the city skyline and the serene waters of Lake Ontario. This stunning backdrop is sure to impress both residents and visitors alike, making it a truly enviable location.

The primary bedroom serves as a private retreat, featuring a luxurious 4-piece ensuite bathroom and a double closet complete with an organiser. This serene space provides the perfect sanctuary for relaxation after a long day. The second bedroom is equally spacious, making this apartment ideal for families or those who desire a home office.

At 763 Bay Street, Toronto, you will find that convenience is at your doorstep. This apartment for sale in Toronto includes a private underground garage with space for two vehicles, ensuring that parking is never a concern. Additionally, there are two lockers—one located in the garage and another on the same floor—providing ample storage for your belongings.

The maintenance fee for this property includes all utilities, making budgeting straightforward and hassle-free. The location is unbeatable, with direct indoor access to the subway and College Park Mall. You are also just a short stroll away from the University of Toronto, Yorkville, and an array of top restaurants and 24-hour grocery stores. This prime location in the Bay Street Corridor truly embodies the essence of urban living.

It is worth noting that while this apartment for sale in Toronto boasts numerous features, it does not include a den or a family room, and there is no pool on the premises. However, the absence of these features does not detract from the overall appeal of this exquisite penthouse. Central air conditioning ensures comfort throughout the year, while the forced air heating system keeps the space warm during the colder months.

In summary, this stunning 2-bedroom penthouse at 763 Bay Street, Toronto, represents a unique opportunity to own a piece of luxury in one of the city's most sought-after areas. With its elegant design, modern amenities, and unbeatable location, this apartment for sale in Toronto is a must-see for anyone looking to elevate their living experience. Don’t miss out on the chance to make this exquisite property your new home.

The Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic area renowned for its bustling urban atmosphere and rich tapestry of amenities. Flanked by the iconic skyline, this district is a hub for finance, culture, and entertainment, offering a diverse array of high-rise condominiums, chic boutiques, and gourmet dining options. Residents enjoy proximity to major attractions such as the Art Gallery of Ontario and the Toronto Eaton Centre, as well as easy access to public transport, making it an ideal locale for those seeking a cosmopolitan lifestyle. With its lively streets and a blend of professional and leisure pursuits, the Bay Street Corridor embodies the essence of city living in one of Canada's most exciting urban centres.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest is Orde Street Public School, just 0.6 km away, offering English instruction for grades JK to 8, with a school rating of 7.1. For secondary education, Jarvis Collegiate Institute is only 0.9 km from the property, catering to grades 9 to 12 with a rating of 5.9. Additionally, St. Joseph's College School, a Catholic institution for grades 9 to 12, is situated 0.6 km away and boasts a higher rating of 7.6. There are also elementary options such as Our Lady of Lourdes Catholic School and Lord Lansdowne Junior Public School, both within a short distance, providing education in English and French, respectively. St. Mary Catholic School, located 2.2 km away, offers French instruction for younger students. Overall, the area is well-served by a variety of public and Catholic schools, ensuring access to quality education for children of all ages, which is a significant advantage for potential buyers considering this property.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 4,204 residents, with an average household size of 1.7. The demographic profile reveals a youthful community, with an average age of 33.9 years. The average household income stands at $97,900, although a significant portion of the population, 26.1%, is classified as low-income. The real estate market is characterized by high property values, with an average price of $926,000. The community is predominantly single, with 59.09% of residents identifying as such, while 28.65% of households include children. Notably, 48.29% of the population consists of immigrants, contributing to the area's cultural diversity. Renters make up a substantial 59.68% of the housing market, with a remarkable 92.61% of properties being condominiums. Education levels are high, with 81.59% of residents holding a college or university degree. However, 27.68% of the population is not actively participating in the labor force, indicating potential challenges in employment opportunities. Overall, this vibrant community reflects a blend of youthful energy, cultural diversity, and a strong emphasis on education, making it an appealing location for potential residents and investors alike.