1703-1315 Bay Street, Toronto, ON
Annex, Toronto · MLS® C13554654
About this home
Lease-to-Own Opportunity at 50 Scollard - $25,000 Per Month. Welcome to Suite 1703, an exceptional 1,306 sq. ft. luxury residence in the heart of Yorkville, one of Toronto's most prestigious and sought-after neighbourhoods. A rare lease-to-own opportunity, this expansive suite offers the chance to enjoy luxury living today while working toward ownership. Lease payments of **$25,000 per month** will be credited toward the purchase, making this an ideal option for qualified buyers seeking flexibility. This thoughtfully designed residence features soaring 10-foot smooth ceilings, premium finishes, and stunning west-facing views within an exclusive boutique-style tower. Managed by The Forest Hill Group, this distinguished 41-storey residence offers an unparalleled lifestyle with world-class amenities, including 24-hour valet service, state-of-the-art fitness facilities, an indoor/outdoor pool, sauna and steam rooms, elegant resident lounges, private dining and entertaining spaces, executive boardrooms, a pet spa, car wash facility, wine storage club, porter services, and an on-site restaurant. Perfectly positioned in Yorkville, 50 Scollard places you steps from Toronto's finest luxury boutiques, renowned restaurants, cafés, art galleries, and cultural attractions, while offering convenient access to transit and the downtown core. A rare opportunity to secure a substantial luxury residence in one of Toronto's most exclusive addresses through a flexible lease-to-own program.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13554654
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Bay & Yorkville
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Exposure
- West
- Days on market
- 5
- Listing brokerage
- INSIDER CONDOS INC.
Rooms
combined w/dining · west view · large window
breakfast area · b/i appliances · hardwood floor
combined w/living · hardwood floor · large window
5 pc ensuite · large closet · west view
closet · east view
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. Bay St at Scollard St 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Weigh carefully
- Worth verifying
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 homesNot 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
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: Bay St at Scollard St, about 24 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 $20,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $107
- Property tax
- $16
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $122
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $125
- Toronto municipal land transfer tax
- $125
- Estimated closing costs
- $250
Plus your down payment of $5,000. 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
- $6,404
- Principal paid down
- $2,547
- Interest paid
- $3,857
- Balance remaining
- $17,453
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 INSIDER CONDOS INC.. MLS®/PropTx.