| Parking Included | |
| Building Insurance Included | |
| Heat Included | |
| Water Included | |
| Hydro Included | |
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607 - 889 Bay Street
Bay Street Corridor, Toronto
$536,000
Experience comfortable urban living in the heart of Toronto's prestigious Bay Street Corridor. This bright and spacious 1 Bedroom + Den suite offers a generous interior layout thoughtfully designed for real everyday living, featuring an open-concept living and dining area with an airy and welcoming flow. The oversized den can comfortably function as a second bedroom, guest space, or private home office, adding exceptional flexibility to the layout. Step out onto the large balcony and enjoy your own peaceful retreat above the energy of the city - the perfect place to relax and unwind after a busy day downtown. Located just steps to the Financial District, University of Toronto, hospitals, TTC, restaurants, cafes, shopping, and daily essentials, this home offers the ideal balance of convenience, comfort, and lifestyle in one of Downtown Toronto's most desirable neighbourhoods. Includes one parking space and one locker. Currently tenanted until October 31, 2026, with the tenant willing to stay or vacate, offering flexibility for both investors and end-users.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $877 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,537 |
| mls© Number | C13708858 |
| Listed By | EXP REALTY |
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%
- $2,743
- Property tax
- $295
- Heat allowance
- $150
- Condo fees, half counted
- $438
- Housing costs
- $3,627 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$112,000
gross annual household income
- Payment at 4%
- $2,256 / mo
- Cash down
- $107,200
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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