PH1-20 Edward Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C12942208

$8,000/mo
For Lease
Listed 108 days ago
4Bedrooms
3Bathrooms
1Garage
1600-1799Sq Ft

About this home

Absolute WOW Factor!!! Incredibly stunning 1658 sq ft 3 bed + den 3 bath Penthouse with amazing city views. The height of luxury with modern designer finishes in this corner unit w/split level layout. Grand entryway w/oversized triple mirrored hall closet. Chic kitchen w/integrated appliances + center island that functions as breakfast bar w/extra storage. Spacious open concept living/dining w/huge windows + breathtaking views. Bright + full of natural light! Gorgeous primary bedroom w/large walk-in closet, 3pc ensuite + cozy seating area. 2 additional nicely sized bedrooms w/big mirrored closets. Separate den w/barn door, walk-out to terrace + can be used as a 4th bdrm or office. Perfect for a downtown loving family, young professionals or students. Large windows thru-out showcase the City Skyline from all corners, yet privacy is still respected. Large 122 sq ft terrace w/unparalleled views + gas hook-up. Excellent location!! T&T Supermarket next door. Steps away from Dundas Square, the Eaton Centre, City Hall + amazing restaurants. Walk to Toronto Metropolitan University (TMU former Ryerson), University Of Toronto, Sick Kids, Mount Sinai Hospital, And Many More. Wonderful building amenities including a fitness centre, yoga studio, rooftop terrace + bbqs, library + lounge. Parking and Locker included!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12942208
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1600-1799
Cross streets
Yonge and Dundas
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North East
Days on market
108
Listing brokerage
CORCORAN HORIZON REALTY

Rooms

DenMain2.31 × 3.21 m

separate room · walk-out · large window

LaundryMain1.91 × 1.57 m

separate room · b/i shelves

Primary BedroomMain5.98 × 3.90 m

3 pc ensuite · walk-in closet(s) · large window

Living RoomMain6.94 × 4.19 m

open concept · combined w/dining · large window

Bedroom 2Main2.86 × 3.21 m

mirrored closet · large window · closet organizers

Dining RoomMain5.66 × 4.90 m

open concept · combined w/kitchen · large window

KitchenMain5.66 × 4.90 m

b/i appliances · centre island · open concept

Bedroom 3Main2.74 × 4.38 m

mirrored closet · large window · closet organizers

Listing history

  1. Apr 1, 2026Listed$2,099,900

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
In the wider range
$7,869/moest. value

Listed at $8,000/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 25 similar rentals nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $4,800/mo
  • Size difference +$1,793/mo
  • Bathrooms +$100/mo
  • Adjusts to $6,693/mo

That comparable adjusts to $6,693/mo; the $7,869/mo estimate above is the median of all 25 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St at Gould St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$7,561/moBelow market$8,800/moAbove market

Total price vs nearby homes. Fair value about $7,869/mo, median of 25 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$4,450avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3510-832 Bay Street$4,800404-717 Bay Street$4,100

The 2 closest active listings nearby.

See all comparable homes
8,000This home4,8004,100This home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $3K
25active listings nearby
108days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Bay Street Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St at Gould St, about 70 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$3K
Waterfront Communities C8
$3K
Waterfront Communities C1
$3K
North St. James Town
$2K
Dovercourt-Wallace Emerson-Junction
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$36/mo
$5KIncome needed
1.5×Price ÷ income
$8Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $36Property tax $5Total carry $41

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$34per month

Mortgage amount $6,400 · 4.14% over 25 years

$1,600Down payment (20.0%)
$6,400Loan before insurance
$0CMHC premium
$39Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$34
Property tax
$5
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$39

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$40
Toronto municipal land transfer tax
$40
Estimated closing costs
$80

Plus your down payment of $1,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$41/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$3,846Total interest paid
$10,246Total of all payments
Principal $6,400 Interest $3,846
YearPrincipalInterestBalance
1$150$260$6,250
2$156$254$6,094
3$163$247$5,931
4$170$240$5,762
5$177$233$5,585
6$184$226$5,401
7$192$218$5,209
8$200$210$5,009
9$208$202$4,801
10$217$193$4,585
11$226$184$4,359
12$235$175$4,123
13$245$165$3,878
14$255$154$3,623
15$266$144$3,357
16$277$133$3,080
17$289$121$2,791
18$301$109$2,490
19$313$96$2,176
20$327$83$1,850
21$340$70$1,509
22$354$55$1,155
23$369$41$786
24$385$25$401
25$401$9$0

At the end of your 5-year term

Total paid over the term
$2,049
Principal paid down
$815
Interest paid
$1,234
Balance remaining
$5,585

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CORCORAN HORIZON REALTY. MLS®/PropTx.

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