1303-1315 Bay Street, Toronto, ON

Annex, Toronto · MLS® C13012218

$7,500/mo
For Lease
Listed 92 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome To 50 Scollard, In The Heart Of Yorkville, a Prestigious 41-Storey Luxury Residence with Contemporary Architecture From The Pritzker Prize-Winning British Architect, Norman Foster. Extraordinary Interiors by Toronto-based Italian Designer, Alessandro Munge. Only 129 Exclusive Residences for Toronto's Most Discerning Residents. This Sunny West-Facing One Bedroom Plus Den Suite Featuring 1,293 Sq. ft., Soaring 10-Foot Smooth Ceilings and A Unique One-Of-A-Kind Layout. Brand New, Never Lived In And Includes One Valet Parking Space. Residents Will Enjoy World-Class Amenities Currently Under Construction, Offering A True Hotel-Inspired Lifestyle. Grand Porte-Cochère Entrance Off Bay Street With 24-Hour Valet, Porter Service, Chauffeured House Car Service, Car Wash Facility Located In The Parking Garage. On-Site Restaurant, Pet Spa, Executive Boardroom Space On The Second Floor. State-Of-The-Art Fitness Centre Overlooking Bay Street Featuring Cardio, Weight Equipment With Dedicated Yoga, Stretching Area. Lavish Indoor/Outdoor Pool, Dry Sauna, Steam Room, Treatment Room. Elegant Residents' Lounge With Fireplace, Private Dining Area With Adjacent Working Kitchen And An Exclusively Stocked Private Wine Room Club. Unbeatable Yorkville Location, Steps To World-Class Dining, Designer Boutiques, Transit, Parks. Toronto's Finest Urban Conveniences. Luxury Living In One Of The City's Most Prestigious Neighbourhoods. Photos are virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13012218
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Bay St & Scollard St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
West
Days on market
92
Listing brokerage
ENGEL & VOLKERS TORONTO CITY

Rooms

DenFlat2.74 × 3.27 m

hardwood floor · glass doors · 3 pc ensuite

Living RoomFlat5.49 × 7.54 m

west view · fireplace · juliette balcony

Dining RoomFlat5.49 × 7.54 m

hardwood floor · combined w/kitchen · west view

KitchenFlat5.49 × 7.54 m

combined w/dining · centre island · hardwood floor

Primary BedroomFlat5.64 × 3.10 m

walk-in closet(s) · 4 pc ensuite · picture window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$5,660/moest. value

Listed at $7,500/mo, this rental is about 33% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 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 $6,999/mo
  • Adjusts to $6,999/mo

That comparable adjusts to $6,999/mo; the $5,660/mo estimate above is the median of all 5 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. Bay St at Davenport Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$5,009/moBelow market$7,500/moAbove market

Total price vs nearby homes. Fair value about $5,660/mo, median of 5 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Annex · asking prices
$5,999avg asking

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

1402-2 Avenue Road$6,9992005-55 Scollard Street$9,500GPH20-280 Howland Avenue$5,500401-77 Avenue Road$3,999307-77 Mcmurrich Street$3,995

The 5 closest of 6 active listings nearby.

See all comparable homes
7,500This home6,9999,5005,5003,9993,995This home vs active comparables
Live market pulseActive comparables in Annex · median list $5K
10active listings nearby
92days 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

Annex, 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

88/ 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: Bay St at Davenport Rd, about 59 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.

North St. James Town
$2K
Church-Yonge Corridor
$3K
Bay Street Corridor
$3K
Kensington-Chinatown
$3K
Waterfront Communities C8
$3K

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$34/mo
$5KIncome needed
1.4×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 $34Property tax $5Total carry $39

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)
$32per month

Mortgage amount $6,000 · 4.14% over 25 years

$1,500Down payment (20.0%)
$6,000Loan before insurance
$0CMHC premium
$37Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$32
Property tax
$5
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$37

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

One-time closing costs

Ontario land transfer tax
$38
Toronto municipal land transfer tax
$38
Estimated closing costs
$75

Plus your down payment of $1,500. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$39/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

$3,605Total interest paid
$9,605Total of all payments
Principal $6,000 Interest $3,605
YearPrincipalInterestBalance
1$141$244$5,859
2$146$238$5,713
3$153$232$5,560
4$159$225$5,401
5$166$219$5,236
6$173$212$5,063
7$180$204$4,884
8$187$197$4,696
9$195$189$4,501
10$203$181$4,298
11$212$172$4,086
12$221$164$3,866
13$230$154$3,636
14$239$145$3,396
15$249$135$3,147
16$260$124$2,887
17$271$113$2,616
18$282$102$2,334
19$294$90$2,040
20$306$78$1,734
21$319$65$1,415
22$332$52$1,083
23$346$38$737
24$361$23$376
25$376$8$0

At the end of your 5-year term

Total paid over the term
$1,921
Principal paid down
$764
Interest paid
$1,157
Balance remaining
$5,236

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 ENGEL & VOLKERS TORONTO CITY. MLS®/PropTx.

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