$850,000 - 1121 Bay Street Unit 904, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Bay Street Corridor
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- MLS Number
- C13774920
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $4,627
- Maintenance Fees
- $1,447/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- PROPERTY.CA INC.
Welcome to this exceptional corner residence combines sophisticated city living with the comfort and privacy of a boutique-style building. Offering approximately 935 sq. ft. of interior living space, the thoughtfully designed suite features two bedrooms, two full bathrooms, parking, and a locker. The bright, open-concept interior has been completely renovated and showcases hardwood flooring throughout, and floor-to-ceiling windows that fill the home with natural light. A spacious living and dining area provides an ideal setting for entertaining. The split-bedroom layout offers excellent separation and privacy, while the expansive west-facing balcony provides an inviting outdoor retreat with plenty of room to unwind or host guests. Perfectly positioned in one of the city's most desirable neighbourhoods, the residence is surrounded by some of Toronto's finest shopping, dining, and entertainment. Upscale Bloor St & Yorkville shopping and numerous restaurants and cafés are just steps away. The University of Toronto and Bay Subway Station are also within easy walking distance, with convenient access to the TTC, government offices, and countless downtown amenities. Residents enjoy an impressive selection of building amenities, including 24-hour concierge service, a fitness centre, sauna, party room, and rooftop terrace with BBQ facilities. The attentive concierge team provides a welcoming, personalized experience that is rarely found in a larger urban residence. With its generous proportions, extensive renovations, abundant natural light, exceptional amenities, and unbeatable location, this is a truly special opportunity to enjoy refined downtown living in the heart of the city.
Estimate your monthly payments for this property
Estimated Payment
$4,360.94/mo
Includes CMHC insurance ($23,715)
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.
1121 Bay Street Unit 904, 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
Fair Market Value
At $944/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.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. The $1447/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $3,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.