904-33 Bay Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13682856
About this home
Welcome to 33 Bay Street, a bright and spacious 2-bedroom, 2-bathroom corner suite offering impressive northeast city views in the heart of downtown Toronto. Floor-to-ceiling windows fill the open-concept living space with natural light, while the large corner balcony provides plenty of outdoor space to take in the surrounding skyline. Freshly painted with new flooring throughout, the suite features a functional split-bedroom floor plan that offers added privacy, making it well suited for professionals, couples, roommates, or those looking for a dedicated work-from-home space. One parking space and one storage locker are also included. Residents enjoy an impressive collection of building amenities, including a fitness centre, indoor pool, hot tub, sauna, squash court, basketball court, tennis court, BBQ courtyard, and cyber lounge. Located just a short walk from Union Station, the GO, Queens Quay, the waterfront, Scotiabank Arena, shops, restaurants, entertainment, and some of Toronto's best-known attractions. An excellent opportunity to enjoy comfortable condo living with the convenience of downtown at your doorstep.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13682856
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Bay St & Harbour St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $800/mo
- Exposure
- West
- Property tax
- $4,253 / 2025
- Listing brokerage
- ROYAL LEPAGE RCR REALTY
Rooms
window · closet
laminate · backsplash · stainless steel appl
closet · 3 pc ensuite
laminate · combined w/kitchen · sliding doors
Listed at $749,000, and my independent estimate is about 12% above what comparable homes suggest.
In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~37 days.
Total price vs nearby homes. Fair value about $672K, median of 8 comparables.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $710K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($882/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 8 comparable homes that recently sold nearby.
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 homesThis home lists 3% below the area average of $909/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.09% via Ratehub.ca (as of August 17, 2026); conventional rates run a little higher.
Mortgage amount $599,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,230
- Property tax
- $354
- Condo / maintenance fees
- $800
- Heating
- $0
- Estimated monthly cost
- $4,385
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,455
- Toronto municipal land transfer tax
- $11,455
- Estimated closing costs
- $22,910
Plus your down payment of $149,800. 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
- $193,821
- Principal paid down
- $75,414
- Interest paid
- $118,407
- Balance remaining
- $523,786
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE RCR REALTY. MLS®/PropTx.