301-1121 Bay Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13784578

$929,000
For Sale
Listed 34 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
1000-1199Sq ft

About this home

In short

  • Welcome to Elev'n 21 On Bay, a Boutique Gem Nestled in the Heart of Yorkville.
  • This Beautifully Maintained 2-Bedroom, 2-Bathroom Condo Offers Approx.
  • An Elegant Touch of Engineered Hardwood Floors, 9 Ft.
  • The Building Boasts a 24-Hour Concierge for Your Convenience, and You're Just Steps Away from the Underground Subway, Manulife Center, and Queens Park.
  • Parking Available $150/mo.

Welcome to Elev'n 21 On Bay, a Boutique Gem Nestled in the Heart of Yorkville! This Beautifully Maintained 2-Bedroom, 2-Bathroom Condo Offers Approx. 1100 Sq. Ft. of Living Space with a Split Bedroom Layout! An Elegant Touch of Engineered Hardwood Floors, 9 Ft.Ceilings, and Floor To Ceiling Windows that Frame Picturesque Views! The Building Boasts a 24-Hour Concierge for Your Convenience, and You're Just Steps Away from the Underground Subway, Manulife Center, and Queens Park. Enjoy the Best of Toronto's Shopping and Dining Right at Your Doorstep. ALL UTILITIES INCLUDED! Parking Available $150/mo! Elev'n 21 On Bay Offers the Perfect Blend of Comfort, Style, and Location for a Truly Exceptional Living Experience. Don't Miss Out on This Opportunity to Make It Your New Home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13784578
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Bay / Charles
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$1,454/mo
Exposure
East West
Property tax
$5,057 / 2026
Days on market
34
Listing brokerage
PROPERTY.CA INC.

Rooms

Primary BedroomMain4.54 × 2.76 m

laminate · 4 pc ensuite · his and hers closets

Bedroom 2Main3.01 × 3.00 m

laminate · mirrored closet · south view

KitchenMain2.87 × 2.60 m

ceramic floor · granite counters · modern kitchen

Living RoomMain6.15 × 4.15 m

laminate · west view · combined w/dining

Dining RoomMain6.15 × 4.15 m

laminate · track lighting · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C1
$610K
Waterfront Communities C8
$554K

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 87% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Joseph's College School · Catholic secondary0.4 km · 76% at standard
Native Learning Centre · Public secondary0.9 km
Church Street Junior Public School · Public elementary0.9 km · 73% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.0 km
Jarvis Collegiate Institute · Public secondary1.0 km · 57% at standard
Orde Street Public School · Public elementary1.1 km · 76% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.1 km
Huron Street Junior Public School · Public elementary1.2 km · 74% at standard
Rosedale Junior Public School · Public elementary1.2 km · 94% at standard
Rose Avenue Junior Public School · Public elementary1.3 km · 46% at standard
Winchester Junior and Senior Public School · Public elementary1.4 km · 76% at standard
Lord Lansdowne Junior Public School · Public elementary1.5 km · 85% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,234/mo
$206KIncome needed
4.5×Price ÷ income
$977Weekly cost
$30,110Land transfer tax, one-time (Ontario + Toronto)
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.

69%mortgage
Mortgage $4,234Property tax $421Condo fee $1,454Total carry $6,110

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,109per month

Mortgage amount $743,200 · 4.49% over 25 years

$185,800Down payment (20.0%)
$743,200Loan before insurance
$0CMHC premium
$5,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,109
Property tax
$421
Condo / maintenance fees
$1,454
Heating
$0
Estimated monthly cost
$5,985

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

One-time closing costs

Ontario land transfer tax
$15,055
Toronto municipal land transfer tax
$15,055
Estimated closing costs
$30,110

Plus your down payment of $185,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,974/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

$489,584Total interest paid
$1,232,784Total of all payments
Principal $743,200 Interest $489,584
YearPrincipalInterestBalance
1$16,585$32,726$726,615
2$17,338$31,973$709,277
3$18,125$31,186$691,152
4$18,948$30,363$672,203
5$19,809$29,503$652,395
6$20,708$28,603$631,687
7$21,648$27,663$610,038
8$22,631$26,680$587,407
9$23,659$25,653$563,749
10$24,733$24,578$539,016
11$25,856$23,456$513,160
12$27,030$22,282$486,130
13$28,257$21,054$457,873
14$29,540$19,771$428,333
15$30,881$18,430$397,452
16$32,283$17,028$365,168
17$33,749$15,562$331,419
18$35,282$14,030$296,138
19$36,883$12,428$259,254
20$38,558$10,753$220,696
21$40,309$9,003$180,387
22$42,139$7,172$138,248
23$44,052$5,259$94,196
24$46,052$3,259$48,143
25$48,143$1,168$0

At the end of your 5-year term

Total paid over the term
$246,557
Principal paid down
$90,805
Interest paid
$155,752
Balance remaining
$652,395

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$3,400/mo
$40,800Gross annual rent
1.4%Cap rate after taxes and upkeep

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.

4.4%
Gross yield
− Property tax $5,057− Condo fees $17,449− Insurance $600− Vacancy & upkeep $4,488Net operating income $13,206

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

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