4505-763 Bay Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13729600

$789,000
For Sale
Listed 1 day ago
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2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Experience exceptional downtown convenience from this spacious 870 sq. ft. south-facing suite on the 45th floor, offering impressive city views with a clear sightline to the CN Tower. One of the building's standout features is its direct underground connection to the TTC and surrounding amenities, allowing you to access two grocery stores, a pharmacy, bank, food court, shops, and everyday essentials without having to step outside. Just outside the building is a newly rebuilt park featuring seasonal programming, including skating in the winter. The location puts you close to some of Toronto's most important destinations, including major hospitals, the University of Toronto, Toronto Metropolitan University, Yonge-Dundas Square, and the Eaton Centre. Inside, the suite features 9-foot ceilings, new luxury vinyl plank flooring, fresh paint throughout, and a large enclosed den with real doors-ideal for a home office, guest room, or flexible second living space. The kitchen also includes a convenient touch-free gesture-activated hood fan. A premium P1 parking space located close to the parking entrance adds everyday convenience, while the private locker is exceptionally well positioned directly outside the unit. Residents enjoy an extensive selection of building amenities, including concierge service, fitness and exercise facilities, an indoor pool, sauna, media room, party room, meeting room, theatre, virtual golf, and ping pong. A rare combination of size, elevation, views, parking, storage, amenities, and true indoor-connected downtown living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13729600
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
800-899
Cross streets
Bay & College
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$936/mo
Exposure
South
Property tax
$4,872 / 2026
Days on market
1
Listing brokerage
AIMHOME REALTY INC.
Our TakeTeam Asgarian · Broker
Worth a personal read

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 sales and give you a straight answer on what it will really take.

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.

What sellers nearby are askingCurrently listed nearby in Bay Street Corridor · asking prices
$546kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

2721-633 Bay Street $693/sqft$589k610-1001 Bay Street $720/sqft$540k511-1001 Bay Street $718/sqft$538k607-889 Bay Street $715/sqft$536k407-1055 Bay Street $700/sqft$525k

Per square foot, these ask about $709/sqft; this home lists at $929/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
789kThis home589k540k538k536k525kThis home vs active comparables

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
$579K
Waterfront Communities C1
$647K
Waterfront Communities C8
$608K
Niagara
$562K
Mount Pleasant West
$601K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$3,596/mo
$171KIncome needed
4.6×Price ÷ income
$830Weekly 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.

73%mortgage
Mortgage $3,596Property tax $406Condo fee $936Total carry $4,938

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 2, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,403per month

Mortgage amount $631,200 · 4.24% over 25 years

$157,800Down payment (20.0%)
$631,200Loan before insurance
$0CMHC premium
$4,745Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,403
Property tax
$406
Condo / maintenance fees
$936
Heating
$0
Estimated monthly cost
$4,745

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

One-time closing costs

Ontario land transfer tax
$12,255
Toronto municipal land transfer tax
$12,255
Estimated closing costs
$24,510

Plus your down payment of $157,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$4,129/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

$389,661Total interest paid
$1,020,861Total of all payments
Principal $631,200 Interest $389,661
YearPrincipalInterestBalance
1$14,584$26,251$616,616
2$15,209$25,626$601,408
3$15,860$24,974$585,547
4$16,540$24,294$569,007
5$17,249$23,586$551,759
6$17,988$22,847$533,771
7$18,759$22,076$515,012
8$19,562$21,272$495,450
9$20,401$20,434$475,049
10$21,275$19,560$453,775
11$22,186$18,648$431,588
12$23,137$17,697$408,451
13$24,128$16,706$384,323
14$25,162$15,672$359,161
15$26,240$14,594$332,920
16$27,365$13,470$305,555
17$28,537$12,297$277,018
18$29,760$11,074$247,257
19$31,035$9,799$216,222
20$32,365$8,469$183,857
21$33,752$7,082$150,104
22$35,198$5,636$114,906
23$36,707$4,128$78,199
24$38,280$2,555$39,920
25$39,920$915$0

At the end of your 5-year term

Total paid over the term
$204,172
Principal paid down
$79,441
Interest paid
$124,731
Balance remaining
$551,759

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$2,700/mo
$32,400Gross annual rent
1.5%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.

4.1%
Gross yield
− Property tax $4,872− Condo fees $11,232− Insurance $600− Vacancy & upkeep $3,564Net operating income $12,132

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

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