1421-711 Bay Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13225218
About this home
Welcome to The Liberties at 711 Bay Street - a spacious and well-appointed 1-bedroom plus solarium residence in the heart of Toronto's vibrant Bay Street Corridor. This bright and functional suite features an open-concept layout with generous living and dining areas, a versatile solarium ideal for a home office or guest space, large windows with beautiful city views, and a thoughtfully designed floor plan perfect for both end-users and investors.Enjoy unbeatable downtown convenience just steps to College Park, U of T, TMU, hospitals, the Financial District, TTC subway access, Eaton Centre, restaurants, shops, and entertainment. Residents enjoy exceptional building amenities including 24-hour concierge, indoor pool, fitness centre, sauna, party room, rooftop terrace, jogging track, visitor parking, and more.Experience comfortable urban living in one of downtown Toronto's most established and sought-after communities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13225218
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Bay St/Gerrard
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $501/mo
- Exposure
- North
- Property tax
- $2,164 / 2025
- Days on market
- 51
- Listing brokerage
- EXP REALTY
Rooms
laminate · open concept · combined w/dining
laminate · open concept · combined w/living
ceramic floor · updated · breakfast bar
laminate · 4 pc ensuite · open concept
laminate · open concept · window
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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- 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 17% below the area average of $1,939/sqft.
50 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
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 $319,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,708
- Property tax
- $180
- Condo / maintenance fees
- $501
- Heating
- $0
- Estimated monthly cost
- $2,389
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,475
- Toronto municipal land transfer tax
- $4,475
- Estimated closing costs
- $8,950
Plus your down payment of $80,000. 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
- $102,458
- Principal paid down
- $40,752
- Interest paid
- $61,706
- Balance remaining
- $279,247
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 EXP REALTY. MLS®/PropTx.