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New2 hours ago

5301 - 1080 Bay Street

Bay Street Corridor, Toronto

$1,700,000

Condo Apartment |
2 + 1 | 2 | 2 | 1
About this home

Welcome to the prestigious U Condominiums, an iconic Pemberton-built luxury residence perfectly positioned in Toronto's coveted Bay & Bloor neighborhood, adjacent to the picturesque grounds of St. Michael's College at the University of Toronto. This spectacular south-east corner suite offers an exceptional combination of elegance, space, and breathtaking panoramic views. Boasting approximately 1,477 sq. ft. of luxurious interior living space plus an impressive 399 sq. ft. across two expansive wraparound balconies, this residence is flooded with natural light through dramatic floor-to-ceiling, wall-to-wall windows, showcasing unobstructed views of the city skyline and Lake Ontario. Soaring 10-foot ceilings, designer lighting throughout, and an exceptional open-concept layout create an atmosphere of sophistication and comfort. The spacious den is ideal as a home office, guest suite, or potential third bedroom, offering incredible versatility. This rare offering includes two premium parking spaces and a locker, an extraordinary convenience in the heart of downtown. Residents enjoy first-class amenities including a 24-hour concierge, state-of-the-art fitness centre, elegant party and meeting rooms, spectacular rooftop terrace and gardens with panoramic city views, visitor parking, and excellent security. Experience one of Toronto's most desirable lifestyles, just steps from Yorkville, Bloor Street's world-class shopping and dining, the University of Toronto, hospitals, museums, libraries, parks, cultural attractions, and TTC subway stations. Everything you need is literally at your doorstep. A rare opportunity to own an extraordinary luxury residence in one of Toronto's most prestigious addresses-where timeless elegance, breathtaking views, and an unbeatable location come together to create an exceptional place to call home.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,274
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$10,256
mls© NumberC13652770
Listed ByRoyal LePage Security Real Estate
Heat Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,701
Property tax
$855
Heat allowance
$150
Condo fees, half counted
$637
Housing costs
$10,343 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $340,000
25-yr amortization

Income needed

$318,000

gross annual household income

Payment at 4%
$7,154 / mo
Cash down
$340,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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