PH1-1166 Bay Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13516308
About this home
Welcome To One Of Toronto's Most Prestigious Full-Service Luxury Condominium Residences, Where Leasing Opportunities Are Exceptionally Rare. Situated On The Exclusive Penthouse Level, Shared By Only Three Private Suites, This Exceptional Residence Welcomes You Through A Grand Double-Door Entrance Into Over 2,000 Square Feet Of Beautifully Renovated Living Space Inspired By Timeless Elegance. Rich Hardwood Flooring Flows Seamlessly Throughout, While Soaring 9-Foot Ceilings, Enhanced By Elegant Coffered Details Approaching 10 Feet, Create An Extraordinary Sense Of Space. Thoughtfully Placed Pot Lights Illuminate The Home, While A Magnificent Wood-Burning Fireplace Serves As The Focal Point Of The Living Room. Spectacular West-Facing Views Fill The Suite With An Abundance Of Natural Light. The Functional Kitchen Is Appointed With Granite Countertops, A Ceramic Tile Backsplash, Premium Built-In Appliances Including A Refrigerator And Dishwasher, And Generous Workspace For Both Casual Meals And Gourmet Entertaining. Two Generously Sized Bedrooms Include A Luxurious Primary Suite Complete With A 5-Piece Ensuite. This Is A Rare Opportunity To Experience Penthouse Living At One Of The City's Most Coveted Luxury Addresses.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13516308
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 2000-2249
- Cross streets
- Bay and Bloor
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Exposure
- West
- Days on market
- 15
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
tile floor · recessed lighting · laundry sink
open concept · hardwood floor · fireplace
hardwood floor · large window · recessed lighting
double closet · hardwood floor · combined w/laundry
open concept · large window · combined w/living
5 pc ensuite · tile floor · separate shower
closet · hardwood floor · bay window
w/w closet · hardwood floor · bay window
breakfast bar · hardwood floor · recessed lighting
3 pc bath · tile floor · recessed lighting
Listed at $10,500/mo, this rental is tracking about 10% above a wider set of rentals, though close matches were thin, so treat this as a rough read until I run 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 69 similar rentals nearby, adjusted for size, beds, and baths.Median of 69 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 +$3,620/mo
- Bedrooms −$150/mo
- Adjusts to $8,270/mo
That comparable adjusts to $8,270/mo; the $9,511/mo estimate above is the median of all 69 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. Bloor St West at Bay St East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $9,511/mo, median of 69 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 1 closest active listing nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
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.
Getting around
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: Bloor St West at Bay St East Side, about 94 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $8,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $45
- Property tax
- $7
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $51
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53
- Toronto municipal land transfer tax
- $53
- Estimated closing costs
- $105
Plus your down payment of $2,100. 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
- $2,690
- Principal paid down
- $1,070
- Interest paid
- $1,620
- Balance remaining
- $7,330
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.