$1,600,000 - 311 Bay Street Unit 4706, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 6 days agoNeighbourhood: Bay Street Corridor
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- MLS Number
- C13766164
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Experience world-class luxury at the prestigious St. Regis Residences, ideally positioned in the heart of Toronto's Financial District. Perched high above the city, Suite 4706 offers breathtaking skyline views, refined custom finishes, and the rare convenience of a private residence complemented by the services and hospitality of one of the world's most renowned luxury hotels.A grand foyer welcomes you into an impeccably appointed residence where gleaming hardwood floors and soaring 10-foot coffered ceilings create an elegant sense of scale. Designed for effortless city living, this home is impeccably maintained and truly move-in ready.Large West facing windows fill the principal rooms with natural light and showcase spectacular views across the Toronto skyline. The gourmet kitchen features custom cabinetry, stone countertops, and premium Miele integrated appliances, providing everything required for both everyday living and sophisticated entertaining.The serene primary suite offers a luxurious retreat at the end of a busy day, with a generous walk-in closet and five-piece, spa-inspired ensuite. The library is an exceptionally versatile space-ideal as a private executive office, dressing room, or guest suite.The St. Regis lifestyle is defined by exceptional service and effortless convenience. Residents enjoy 24-hour concierge, valet parking, spa, fitness facilities, and indoor pool, allowing you to enjoy the comforts of a private home with the service of a five-star hotel. With Toronto's Financial District, PATH network, world-class dining, luxury shopping, and entertainment moments from your door, the city is truly at your fingertips.Suite 4706 presents a rare opportunity to experience a sophisticated downtown pied-à-terre designed for the discerning executive or frequent business traveller, seeking an elegant and effortless Toronto base. A residence where luxury, privacy, service, and location converge.
Estimate your monthly payments for this property
Estimated Payment
$7,077.34/mo
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 Bay Street Corridor
Bay Street Corridor 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 Bay Street Corridor
- •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
Bay Street Corridor 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.
311 Bay Street Unit 4706, Downtown Toronto / Waterfront
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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
Premium Pricing
At $1333/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
About Bay Street Corridor
I know Bay Street Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $6,667 (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.