4006-88 Blue Jays Way, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13873014

$1,495,000
For Sale
Listed 12 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Suite 4006 at the prestigious Bisha Hotel & Residences (88 Blue Jays Way)-a crown jewel of luxury living in the absolute heart of Toronto's vibrant...
  • Perched high on the 40th floor, this expansive 2-bedroom, 2-bathroom corner residence boasts over 1,200 sq. ft. of exquisitely designed interior space, bathed in...
  • The thoughtful, open-concept floor plan flows seamlessly from a grand living and dining area into a modern chef's kitchen, making it an absolute dream for both...
  • Completing this home is the rare downtown luxury of 1 dedicated parking spot & storage locker.
  • As a resident of Bisha, you enjoy access to unmatched, world-class hotel amenities right at your doorstep: The Rooftop Oasis: Home to the famous infinity pool...

Welcome to Suite 4006 at the prestigious Bisha Hotel & Residences (88 Blue Jays Way)-a crown jewel of luxury living in the absolute heart of Toronto's vibrant Entertainment District. Perched high on the 40th floor, this expansive 2-bedroom, 2-bathroom corner residence boasts over 1,200 sq. ft. of exquisitely designed interior space, bathed in continuous natural light from floor-to-ceiling windows. Freshly painted throughout in a sophisticated, neutral palette, this turnkey home offers a flawless blend of high-end design, comfort, and breathtaking scale. The thoughtful, open-concept floor plan flows seamlessly from a grand living and dining area into a modern chef's kitchen, making it an absolute dream for both upscale entertaining and relaxing at home. Step outside onto two private balconies to take in panoramic, unobstructed west-facing views of Lake Ontario, dramatic sunsets, and the iconic city skyline. The primary retreat is generously sized, featuring plush accommodations, and a spa-inspired ensuite washroom. The second bedroom offers exceptional flexibility for family, guests, or a dedicated executive home office. Completing this home is the rare downtown luxury of 1 dedicated parking spot & storage locker. As a resident of Bisha, you enjoy access to unmatched, world-class hotel amenities right at your doorstep: The Rooftop Oasis: Home to the famous infinity pool, private cabanas, and KÖST restaurant and bar with sweeping skyline vistas. Fine Dining & Social Lounges: Dine at Akira Back (authentic Japanese cuisine with Korean influences), enjoy French Made Parisian café on the ground floor, or unwind at Mister C Bar Room. 24/7 Services: Full-service 24-hour concierge, private residents lounge with catering kitchen, and optional à la carte hotel room service. An extraordinary opportunity to own a premier residence in one of the city's most sought-after luxury addresses.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13873014
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Blue Jays Way & King Street West
Parking
1 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,555/mo
Exposure
North West
Property tax
$9,093 / 2026
Days on market
12
Listing brokerage
PMT REALTY INC.

Rooms

Bedroom 2Main

hardwood floor · large closet · window

Living RoomMain

hardwood floor · w/o to balcony · large window

Primary BedroomMain

hardwood floor · ensuite bath · walk-in closet(s)

Dining RoomMain

w/o to balcony · large window · hardwood floor

KitchenMain

centre island · hardwood floor · combined w/dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.45Mlikely sale price

Listed at $1,495,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 283 local closings in 90 days), the likely sale price is near $1.45M, if it sells. A realistic range is $1.37M to $1.57M.

Independent value check: $1.68M. Without looking at the asking price, our model values the home itself about 13% above the ask (homes like it typically land between $1.57M and $1.77M).

Why $1.68M. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $9,093 a year; the typical home sold here pays about $3,300.
  • ▲ Raises it stronglyIt is 1,200 to 1,399 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it stronglyIts maintenance fee is $1,555 a month; the typical unit sold here pays about $650.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
List price
$1.37MBelow recent closings$1.57MAbove recent closings

Total price vs nearby homes. Likely closing about $1.45M, from 283 recent closings in this pocket.

The market behind the math:

283sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
12days on market so far
$4,366/moest. rent · 93 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.1 months of inventory: 8 condo apartment homes for sale in the area against 283 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,150/sqft against an area asking average of $1,032/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 283 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $791K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Ogden Junior 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

Below comparable homes on total price, yet the price per square foot ($1,150/sqft) is above the area, which usually points to a smaller or more efficient layout.

Based on 3 homes sold in this building over the past 5 months, plus 2 nearby in Waterfront Communities C1, from 500 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.18Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.68M, which is where my estimate comes from.

Per square foot, these ask about $1,002/sqft; this home lists at $1,150/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.50MThis home1.10M1.30M1.60M981k899kThis home vs active comparables

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

Neighbourhood & location

Waterfront Communities C1, 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.

Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Niagara
$724K
Waterfront Communities C8
$554K
North St. James Town
$765K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.5 km
ALPHA Alternative Junior School · Public elementary0.5 km
Bishop Macdonell Catholic School · Catholic elementary0.7 km · 82% at standard
Jean Lumb Public School · Public elementary0.7 km · 73% at standard
Contact Alternative School School · Public secondary0.9 km
Heydon Park Secondary School · Public secondary1.1 km · 8% at standard
The Waterfront School · Public elementary1.1 km · 74% at standard
Beverley School · Public elementary1.2 km
Subway Academy II · Public secondary1.2 km
Niagara Street Junior Public School · Public elementary1.3 km · 82% at standard
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
Orde Street Public School · Public elementary1.5 km · 76% at standard

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

Affordability & Mortgage

Affordability
$6,814/mo
$317KIncome needed
4.7×Price ÷ income
$1,572Weekly cost
$52,750Land 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.

75%mortgage
Mortgage $6,814Property tax $758Condo fee $1,555Total carry $9,126

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)
$6,613per month

Mortgage amount $1,196,000 · 4.49% over 25 years

$299,000Down payment (20.0%)
$1,196,000Loan before insurance
$0CMHC premium
$8,926Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,613
Property tax
$758
Condo / maintenance fees
$1,555
Heating
$0
Estimated monthly cost
$8,926

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

One-time closing costs

Ontario land transfer tax
$26,375
Toronto municipal land transfer tax
$26,375
Estimated closing costs
$52,750

Plus your down payment of $299,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,004/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

$787,867Total interest paid
$1,983,867Total of all payments
Principal $1,196,000 Interest $787,867
YearPrincipalInterestBalance
1$26,690$52,665$1,169,310
2$27,901$51,453$1,141,409
3$29,168$50,186$1,112,241
4$30,493$48,862$1,081,748
5$31,877$47,478$1,049,871
6$33,324$46,030$1,016,546
7$34,838$44,517$981,709
8$36,419$42,935$945,290
9$38,073$41,282$907,217
10$39,802$39,553$867,415
11$41,609$37,746$825,806
12$43,498$35,857$782,309
13$45,473$33,882$736,836
14$47,538$31,817$689,298
15$49,696$29,659$639,602
16$51,952$27,402$587,650
17$54,311$25,044$533,339
18$56,777$22,578$476,562
19$59,355$20,000$417,207
20$62,050$17,305$355,157
21$64,867$14,487$290,289
22$67,813$11,542$222,477
23$70,891$8,463$151,585
24$74,110$5,244$77,475
25$77,475$1,880$0

At the end of your 5-year term

Total paid over the term
$396,773
Principal paid down
$146,129
Interest paid
$250,644
Balance remaining
$1,049,871

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
From 93 whole-home leases in Waterfront Communities C1$4,366/mo
$52,392Gross annual rent
1.2%Cap rate after taxes and upkeep
$4,148 to $4,589Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 93 whole-home leases in Waterfront Communities C1 signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,366. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.5%
Gross yield
− Property tax $9,093− Condo fees $18,660− Insurance $600− Vacancy & upkeep $5,763Net operating income $18,276

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

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