1610-889 Bay Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C12970908
About this home
Step into a truly extraordinary residence in the heart of downtown Toronto. Located in the prestigious 889 Bay Street, this one-of-a-kind 2,885 sq. ft. luxury suite is the inspired combination of Units 1608, 1610, and 1611.Offering a scale rarely seen in condo living, this expansive home delivers unparalleled flexibility, volume, and presence. With three separate entrances, the suite provides exceptional versatility-enjoy it as one grand residence or customize the layout for multi-generational living, private guest quarters, or live-in staff.Featuring two full kitchens, a self-contained one-bedroom suite, and a thoughtfully designed layout, the possibilities are endless. Expansive windows flood the home with natural light, creating a bright and airy ambiance throughout. This exceptional offering also includes 3 parking spaces and 3 storage lockers-a rare and valuable asset in Toronto's downtown core. Building Amenities: 24/7 concierge & security, fully equipped fitness centre, Party & meeting rooms, Visitor parking, On-site retail including a café and pharmacy. Steps to transit and within walking distance to University of Toronto, Toronto Metropolitan University, CF Toronto Eaton Centre, Queen's Park, The Financial District & top hospitals. Yorkville for luxury shopping and dining. Massey Hall and the Elgin and Winter Garden Theatre Centre. his is more than a home-it's a truly exceptional residence in one of Toronto's most connected and sought-after neighbourhoods.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12970908
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 2750-2999
- Cross streets
- Bay/Wellesley/College
- Parking
- 3 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $3,301/mo
- Exposure
- West
- Property tax
- $12,353 / 2025
- Days on market
- 105
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
hardwood floor · crown moulding · w/o to sunroom
hardwood floor · crown moulding · w/o to balcony
granite counters · eat-in kitchen · family size kitchen
granite counters · family size kitchen · breakfast bar
hardwood floor · crown moulding · large window
hardwood floor · w/o to balcony · mirrored walls
hardwood floor · crown moulding · w/o to sunroom
combined w/sitting · 5 pc ensuite · walk-in closet(s)
hardwood floor · 4 pc ensuite · mirrored closet
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts 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.
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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 40% below the area average of $1,018/sqft.
104 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bay Street Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,398,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,462
- Property tax
- $1,029
- Condo / maintenance fees
- $3,301
- Heating
- $0
- Estimated monthly cost
- $11,793
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,435
- Toronto municipal land transfer tax
- $31,435
- Estimated closing costs
- $62,870
Plus your down payment of $349,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $447,743
- Principal paid down
- $178,087
- Interest paid
- $269,656
- Balance remaining
- $1,220,313
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.
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.