1501-1315 Bay Street, Toronto, ON
Annex, Toronto · MLS® C13550382
About this home
41 storey tower managed by The Forest Hill Group, all units with 10 feet smooth ceilings, only 147 units sq ft ranges from 638 sq ft to 6,000 sq ft. Building and amenities under construction, one valet parking included. New never lived in one bedroom 779 sq ft per builders floorplan with heated washroom floor. Attached builder renderings illustrates when site is complete in 2027. Chauffeured house car service for resident use Car wash facility located in parking garage, on site restaurant ( $ fee ), pet spa ( $ fee ), executive boardroom space on 2nd floor along with house management office, fitness centre overlooking Bay Street featuring cardio and weight equipment and a dedicated yoga and stretching area, lavish indoor/outdoor pool with his and hers change rooms and washrooms, luxurious lounge with fireplace adjacent to dry sauna, steam room, and treatment room, private and confidential dining area - working kitchen adjacent to private dining area, exclusively stocked private and confidential wine room club ( $ fee ), Porte-cochere with setback entry off of Bay Street for passenger drop-off, pick-up and vehicle stationing for 24-hour resident valet service, porter service ( $ fee ). Landlord will consider longer than 1 year term lease.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13550382
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Bay / Scollard
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- East
- Days on market
- 11
- Listing brokerage
- ROYAL LEPAGE VISION REALTY
Rooms
b/i appliances · combined w/dining · open concept
combined w/kitchen · combined w/living · open concept
4 pc ensuite · large window
combined w/dining · open concept · large 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 leases 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.
On location, this is a very walkable address with everyday errands close by. Davenport Road is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Annex, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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: Davenport Road, about 54 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 22, 2026); conventional rates run a little higher.
Mortgage amount $3,600 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $19
- Property tax
- $3
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $22
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23
- Toronto municipal land transfer tax
- $23
- Estimated closing costs
- $45
Plus your down payment of $900. 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
- $1,153
- Principal paid down
- $458
- Interest paid
- $694
- Balance remaining
- $3,142
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 ROYAL LEPAGE VISION REALTY. MLS®/PropTx.