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$559,000Asking Price

887 Bay Street #708, Toronto, ON M5S 3K4 ##708

Bay Street Corridor, Toronto

Condo
1
Bedroom
1
Bath
1
Parking
Day on Market

Welcome to this beautifully updated 1-bedroom + den suite in the heart of downtown Toronto. Originally designed as a one-bedroom residence, the interior partition wall was removed to create a bright, spacious, loft-inspired open-concept layout, maximizing natural light and flexibility while offering potential for future reconfiguration, subject to buyer preferences and any applicable condominium requirements. (Note: The partition wall was removed by a previous owner prior to the Seller's 2016 purchase.) Offering 644 sq. ft. of functional living space, the suite features an exceptionally wide 21-ft living and dining area with rare unobstructed west-facing views overlooking Bay Street and green space, providing exceptional privacy, treetop views, and abundant afternoon sunshine. Extensively renovated throughout, the suite features fresh paint, new interior doors, upgraded lighting, brand-new blinds, and distinctive French Country-inspired artisan tile flooring. The spa-inspired bathroom features a frameless glass shower, American Standard toilet, Moen matte-black fixtures, quartz vanity, smart anti-fog LED mirror, and contemporary finishes. The modern kitchen offers quartz countertops and sleek wall-mounted cabinetry, while the original bedroom area includes a spacious walk-in closet. A separate den provides flexible space for a home office, study, dressing area, or additional storage. Parking and locker are included-a rare combination in downtown Toronto. Maintenance fees include heat, hydro, water, and air conditioning for lower monthly expenses. Ideally located steps to the University of Toronto, TMU, Queen's Park, subway stations, Eaton Centre, restaurants, shopping, and entertainment, this turnkey home combines generous living space, abundant natural light, exceptional storage, and an unbeatable location-an outstanding opportunity for professionals, first-time buyers, young couples, students, or investors.

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Tour this home:

Welcome to this beautifully updated 1-bedroom + den suite in the heart of downtown Toronto. Originally designed as a one-bedroom residence, the interior partition wall was removed to create a bright, spacious, loft-inspired open-concept layout, maximizing natural light and flexibility while offering potential for future reconfiguration, subject to buyer preferences and any applicable condominium requirements. (Note: The partition wall was removed by a previous owner prior to the Seller's 2016 purchase.) Offering 644 sq. ft. of functional living space, the suite features an exceptionally wide 21-ft living and dining area with rare unobstructed west-facing views overlooking Bay Street and green space, providing exceptional privacy, treetop views, and abundant afternoon sunshine. Extensively renovated throughout, the suite features fresh paint, new interior doors, upgraded lighting, brand-new blinds, and distinctive French Country-inspired artisan tile flooring. The spa-inspired bathroom features a frameless glass shower, American Standard toilet, Moen matte-black fixtures, quartz vanity, smart anti-fog LED mirror, and contemporary finishes. The modern kitchen offers quartz countertops and sleek wall-mounted cabinetry, while the original bedroom area includes a spacious walk-in closet. A separate den provides flexible space for a home office, study, dressing area, or additional storage. Parking and locker are included-a rare combination in downtown Toronto. Maintenance fees include heat, hydro, water, and air conditioning for lower monthly expenses. Ideally located steps to the University of Toronto, TMU, Queen's Park, subway stations, Eaton Centre, restaurants, shopping, and entertainment, this turnkey home combines generous living space, abundant natural light, exceptional storage, and an unbeatable location-an outstanding opportunity for professionals, first-time buyers, young couples, students, or investors.

Key Info

  • Apartment Condo
  • 1 Parking
  • Bay/Wellesley
  • 600-699 Approximate Sq Feet
  • West Exposure
  • Open Balcony
  • No Ensuite Laundry
  • Owned Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $719 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Cable TV
  • Amenities: Concierge, Gym, Visitor Parking
  • Taxes were $3,199 in 2026
  • Possession: To be determined

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #1243
  • Condo Registry Office: MTCP
  • MLS #C13554738
  • HOMELIFE NEW WORLD REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 6.89' x 8.01' Marble Floor, Open Concept, Modern Kitchen
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Bay Street Corridor, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads and business, science, health and education, law & public sector professionals. It has a higher than average population of immigrants from China, and Arabic and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

62% of residents are
single and loving it.

62% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

68% of residents
are renters.

68% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

78% of residents are
university grads.

78% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$99K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 13%
Business 12%
Sciences 9%
Sales 9%
Health 8%

Immigrants

42% of residents were
born outside of Canada.

42% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 8.8% of immigrants.
India 3.1%
South Korea 3.1%
Iran 2.0%
Taiwan 1.7%

8.8% from China
All-time

Birthplace - Recent

China was once home to 3.6% of immigrants.
India 1.2%
Iran 0.9%
Pakistan 0.6%
USA 0.5%

3.6% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 15%
Arabic 5%
Cantonese 5%
Korean 4%
Persian 3%

Religions

Religions

Christian 38%
Muslim 10%
Jewish 4%
Hindu 4%
Buddhist 4%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)