5202-311 Bay Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13528370

$12,000/mo
For Lease
Listed 12 days ago
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2Bedrooms
3Bathrooms
1Garage
2250-2499Sq Ft

About this home

Experience unparalleled luxury at The St. Regis Residences in this spectacular 2,264 SQFT executive suite featuring 2 spacious bedrooms and 3 elegant bathrooms. This exceptional residence showcases impeccable craftsmanship, soaring 10.5-foot coffered ceilings, expansive principal rooms, and timeless finishes throughout, providing the perfect canvas to create your own sophisticated living space. Furnishing is available at an additional monthly cost. Situated at one of Toronto's most prestigious addresses, this remarkable home is ideally located in the heart of the Financial District, just moments from world-class dining, luxury shopping, the Entertainment District, renowned theatres, the Scotiabank Arena, and the Rogers Centre. With convenient access to public transit, the very best of downtown Toronto is right at your doorstep. Residents enjoy the privacy of direct elevator access, 24-hour white-glove concierge service, and access to the exceptional five-star hotel amenities, including the fitness centre, indoor pool, and spa facilities. Spa treatments and other services are available for an additional fee. A rare opportunity to lease one of Toronto's finest luxury residences, offering an unparalleled lifestyle in the heart of downtown Toronto.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13528370
Bedrooms
2
Bathrooms
3 (1 half)
Size
2250-2499
Cross streets
Bay & Adelaide
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North East
Days on market
12
Listing brokerage
RD&CO. REALTY INC

Rooms

FoyerMain2.78 × 2.65 m

marble floor · coffered ceiling(s) · pot lights

Bedroom 2Main4.65 × 3.63 m

hardwood floor · large closet · 3 pc ensuite

Primary BedroomMain5.47 × 4.02 m

hardwood floor · walk-in closet(s) · 6 pc ensuite

Dining RoomMain9.67 × 4.68 m

hardwood floor · combined w/living · coffered ceiling(s)

Living RoomMain9.67 × 4.68 m

hardwood floor · coffered ceiling(s) · east view

KitchenMain7.05 × 5.39 m

hardwood floor · b/i appliances · centre island

BreakfastMain7.05 × 5.39 m

hardwood floor · large window · east view

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$10,669/moest. value

Listed at $12,000/mo, this rental is tracking about 12% 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 93 similar rentals nearby, adjusted for size, beds, and baths.Median of 93 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 $3,800/mo
  • Size difference +$5,595/mo
  • Bathrooms +$100/mo
  • Adjusts to $9,495/mo

That comparable adjusts to $9,495/mo; the $10,669/mo estimate above is the median of all 93 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.

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$10,230/moBelow market$12,000/moAbove market

Total price vs nearby homes. Fair value about $10,669/mo, median of 93 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.
  • Elevator: rare and valuable for accessibility and resale.
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Live market pulseActive comparables in Bay Street Corridor · median list $3K
94active listings nearby
12days 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Moss Park
$3K
Kensington-Chinatown
$2K
Waterfront Communities C1
$3K
Church-Yonge Corridor
$2K
Annex
$4K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.3 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$55/mo
$6KIncome needed
2.0×Price ÷ income
$13Weekly 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 $55Property tax $8Total carry $62

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)
$51per month

Mortgage amount $9,600 · 4.14% over 25 years

$2,400Down payment (20.0%)
$9,600Loan before insurance
$0CMHC premium
$59Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$51
Property tax
$8
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$59

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

One-time closing costs

Ontario land transfer tax
$60
Toronto municipal land transfer tax
$60
Estimated closing costs
$120

Plus your down payment of $2,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$62/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

$5,769Total interest paid
$15,369Total of all payments
Principal $9,600 Interest $5,769
YearPrincipalInterestBalance
1$225$390$9,375
2$234$380$9,141
3$244$371$8,897
4$254$360$8,642
5$265$350$8,377
6$276$339$8,101
7$288$327$7,814
8$300$315$7,514
9$312$303$7,202
10$325$290$6,877
11$339$276$6,538
12$353$262$6,185
13$368$247$5,817
14$383$232$5,434
15$399$216$5,035
16$416$199$4,619
17$433$182$4,186
18$451$163$3,735
19$470$145$3,264
20$490$125$2,775
21$510$104$2,264
22$532$83$1,732
23$554$61$1,178
24$577$38$601
25$601$13$0

At the end of your 5-year term

Total paid over the term
$3,074
Principal paid down
$1,223
Interest paid
$1,851
Balance remaining
$8,377

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 RD&CO. REALTY INC. MLS®/PropTx.

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