2002-801 Bay Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13576532
About this home
Experience luxury living in this stunning 2-bedroom, 2-bathroom furnished penthouse designed for comfort and style. The gourmet chef's kitchen is perfect for cooking and entertaining, featuring a thoughtfully designed layout that flows seamlessly into the bright, open-concept living space.Both spa-inspired bathrooms offer a relaxing retreat with elegant finishes. Step outside to your private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day.Residents also have access to a spectacular panoramic rooftop garden oasis, providing exceptional outdoor space in the heart of the city.Ideally located with TTC at your doorstep, and just steps from Toronto General Hospital, the MaRS Discovery District, and the University of Toronto, this exceptional penthouse offers unparalleled convenience for professionals, academics, and healthcare workers.A rare opportunity to enjoy sophisticated urban living in one of Toronto's most sought-after locations.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13576532
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Bay/College
- Parking
- 0 parking
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- South West
- Listing brokerage
- ENGEL & VOLKERS TORONTO CITY
Rooms
laminate · w/o to balcony · combined w/dining
laminate · 4 pc ensuite · window
closet · separate room · laminate
combined w/living · open concept · laminate
ceramic floor · breakfast bar · b/i appliances
Listed at $2,800/mo, this rental is about 14% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 28 similar rentals nearby, adjusted for size, beds, and baths.Median of 28 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 $3,600/mo
- Adjusts to $3,600/mo
That comparable adjusts to $3,600/mo; the $3,241/mo estimate above is the median of all 28 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. College St at Bay St 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 $3,241/mo, median of 28 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- 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 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: College St at Bay St, about 17 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 $2,240 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14
- Toronto municipal land transfer tax
- $14
- Estimated closing costs
- $28
Plus your down payment of $560. 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
- $717
- Principal paid down
- $285
- Interest paid
- $432
- Balance remaining
- $1,955
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 ENGEL & VOLKERS TORONTO CITY. MLS®/PropTx.