1331 Bay Street Unit 803, Toronto C02

Price: $498,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13760448

Rarely Available. Luxurious and Spacious One-Bedroom Suite In Boutique Yorkville Condo. With Only 24 Residential Units Offering Exclusivity And Privacy. Well-Appointed And Meticulously Maintained Suite Featuring Timeless Finishes And Oversized Rooms. An Expansive Layout Filled With Natural Light From Floor To Ceiling Windows Across The Entire Suite. Gorgeous Hardwood Floors Throughout. Covered Balcony With Wood Decking. Wood-Burning Fireplace. Custom Kitchen With Premium Kitchen-Aid Appliances, Marble Countertops And Pullout Pantry. Extra-Large Bedroom With Double Genuine California Closets. Marble Floor Bath With Oversized Corner Tub And Separate Shower. Ensuite Laundry. Afternoon Sun Exposure Off The Balcony. Parking And Extra-Large Locker Included.Building Features Lower Private Roof-Top Patio With BBQ And Gardens. Wifi-Enabled Party/Meeting Room With Kitchen, Full Gym, Saunas, Security, Visitors Parking. 100 Walk Score: Steps From Upscale Shopping, Restaurants, Parks, Galleries, Attractions, And TTC. Exceptional Yorkville Value!

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active
New Listing
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$498,000 - 1331 Bay Street Unit 803, Yorkville

Condo for Sale in Yorkville

New — Listed 7 days ago

Neighbourhood: Annex

1Beds
1Baths
700 - 1,099Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
C13760448
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Exclusive
Exposure
North
Balcony
Open
Listing Brokerage
MANOR HILL REALTY INC.
Description

Rarely Available. Luxurious and Spacious One-Bedroom Suite In Boutique Yorkville Condo. With Only 24 Residential Units Offering Exclusivity And Privacy. Well-Appointed And Meticulously Maintained Suite Featuring Timeless Finishes And Oversized Rooms. An Expansive Layout Filled With Natural Light From Floor To Ceiling Windows Across The Entire Suite. Gorgeous Hardwood Floors Throughout. Covered Balcony With Wood Decking. Wood-Burning Fireplace. Custom Kitchen With Premium Kitchen-Aid Appliances, Marble Countertops And Pullout Pantry. Extra-Large Bedroom With Double Genuine California Closets. Marble Floor Bath With Oversized Corner Tub And Separate Shower. Ensuite Laundry. Afternoon Sun Exposure Off The Balcony. Parking And Extra-Large Locker Included.Building Features Lower Private Roof-Top Patio With BBQ And Gardens. Wifi-Enabled Party/Meeting Room With Kitchen, Full Gym, Saunas, Security, Visitors Parking. 100 Walk Score: Steps From Upscale Shopping, Restaurants, Parks, Galleries, Attractions, And TTC. Exceptional Yorkville Value!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,555.00/mo

Includes CMHC insurance ($13,894)

$
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5%10%50%

5-yr fixed avg.

Principal: $448,200Interest: $304,405
Mortgage Amount$462,094
Total Interest$304,405
Est. Property Tax$353/mo
Total Cost$766,499

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.

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Neighbourhood Guide: Annex

Discover Annex

Annex 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 Annex

  • Convenient location in Annex / Yorkville / Summerhill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Annex 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.

70
Walk Score
Varies
Price Range

1331 Bay Street Unit 803, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$888

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $711/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Yorkville'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.

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.

About Annex

I know Annex 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.

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.

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    1331 Bay Street Unit 803 | $498,000 | Battaglia Team