3208-955 Bay Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13530402

$1,068,000
For Sale
Listed 16 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Experience urban living at its best in this spacious, high-floor corner unit at The Britt, located in the heart of the Bay Street Corridor. This bright and functional suite offers nearly 1,000 sq. ft. of living space, featuring three bedrooms, two bathrooms, and a large balcony with stunning, unobstructed city views. The modern kitchen comes fully equipped with premium built-in appliances, and the location is unbeatable-just steps from Wellesley subway station, U of T, TMU, Queen's Park, major hospitals, and endless dining and grocery options. Complete with one dedicated parking space, this move-in-ready home offers the perfect blend of convenience, comfort, and professional appeal.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13530402
Bedrooms
3
Bathrooms
2
Size
900-999
Cross streets
Bay/Wellesley
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$841/mo
Exposure
North East
Property tax
$6,563 / 2025
Days on market
16
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

LaundryFlat1.80 × 1.70 m

closet · ceramic floor

Living RoomFlat6.55 × 4.55 m

combined w/dining · laminate · window floor to ceiling

Bedroom 2Flat2.74 × 2.74 m

walk-in closet(s) · large window · mirrored closet

KitchenFlat6.55 × 4.55 m

b/i appliances · open concept · quartz counter

Dining RoomFlat6.55 × 4.55 m

combined w/living · laminate · w/o to balcony

Primary BedroomFlat3.66 × 3.05 m

walk-in closet(s) · 4 pc ensuite · window floor to ceiling

Bedroom 3Flat2.97 × 2.44 m

sliding doors · laminate · mirrored closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$957Kest. value

Listed at $1,068,000, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Bay Street Corridor lately, sellers have been getting about 96% of asking and homes sell in about 33 days.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.28M, higher than the comparables and worth a second look.

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 $1.04M
  • Size difference +$53K
  • Adjusts to $1.09M

That comparable adjusts to $1.09M; the $957K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

List price
$769KGreat deal$1.07MOverpriced

Total price vs nearby homes. Fair value about $957K, median of 8 comparables.

Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$996kavg asking

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

8 Wellesley Avenue$1.04M3211-7 Grenville Street$1.14M3611-7 Grenville Street$998k2303-38 Grenville Street$918k417-57 St. Joseph Street$889k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.07MThis home1.04M1.14M998k918k889kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $779K
$1,125this home / sqft
30active listings nearby
16days on market
100sold nearby · 90 days
$698Kmedian sold price
96%of asking, on average

This home lists 19% above the area average of $949/sqft.

15 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$561K
Moss Park
$519K
Waterfront Communities C1
$593K
Waterfront Communities C8
$700K
Mimico
$598K

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 · 1.0 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$4,868/mo
$223KIncome needed
4.8×Price ÷ income
$1,123Weekly 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.

78%mortgage
Mortgage $4,868Property tax $547Condo fee $841Total carry $6,255

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,559per month

Mortgage amount $854,400 · 4.14% over 25 years

$213,600Down payment (20.0%)
$854,400Loan before insurance
$0CMHC premium
$5,947Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,559
Property tax
$547
Condo / maintenance fees
$841
Heating
$0
Estimated monthly cost
$5,947

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

One-time closing costs

Ontario land transfer tax
$17,835
Toronto municipal land transfer tax
$17,835
Estimated closing costs
$35,670

Plus your down payment of $213,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,538/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

$513,419Total interest paid
$1,367,819Total of all payments
Principal $854,400 Interest $513,419
YearPrincipalInterestBalance
1$20,016$34,697$834,384
2$20,853$33,860$813,531
3$21,725$32,988$791,806
4$22,634$32,079$769,173
5$23,581$31,132$745,592
6$24,567$30,146$721,025
7$25,595$29,118$695,431
8$26,665$28,048$668,765
9$27,780$26,932$640,985
10$28,942$25,770$612,042
11$30,153$24,560$581,889
12$31,414$23,298$550,475
13$32,728$21,984$517,747
14$34,097$20,615$483,649
15$35,524$19,189$448,126
16$37,009$17,703$411,116
17$38,558$16,155$372,559
18$40,170$14,542$332,388
19$41,851$12,862$290,538
20$43,601$11,112$246,937
21$45,425$9,288$201,512
22$47,325$7,388$154,187
23$49,305$5,408$104,882
24$51,367$3,346$53,515
25$53,515$1,197$0

At the end of your 5-year term

Total paid over the term
$273,564
Principal paid down
$108,808
Interest paid
$164,756
Balance remaining
$745,592

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.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
1.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.4%
Gross yield
− Property tax $6,563− Condo fees $10,089− Insurance $600− Vacancy & upkeep $4,026Net operating income $15,322

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FIRST CLASS REALTY INC.. MLS®/PropTx.

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