887 Bay Street, Toronto C01, ON

$629,000
MLS#:C9305255
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $629,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to The Opera Place at 908-887 Bay Street. This is a stunning, spacious, one-bedroom condo with 644 square feet of living area. This condo also includes a parking spot and a locker. Its extremely functional layout ensures no wasted space. The entryway features a large in-suite storage room, and a laundry closet directly across from it. A generously-sized coat closet accommodates daily needs and guests.The west-facing living space features tons of natural light and enough room for both a formal dining space and a home-office desk . The kitchen has ample cabinetry, a full-size stove, fridge, and brand new dishwasher (2022). There is also great counter space for your daily culinary needs. Recently upgraded porcelain tiles in the hallway, kitchen and washroom. The exceptionally large bedroom can fit a king-size bed and features a full size walk-in closet, both of which are rarities for a one-bedroom condo. A large bedroom window admits excellent natural light at all times of the day. Brand new laminate flooring (2024) in the bedroom. The condo also features a 4-piece bathroom. The Opera House's location is what makes it an excellent place to call home, or an amazing investment. You are nestled between College and Wellesley on Bay Street, close to the Financial District, all the hospitals on University Avenue and Women's College Hospital across the street. Close to U of T, TMU and MaRS. The condo is also walking distance from Yorkville, and mere steps from multiple transit stops, including the College and Wellesley TTC subway stations. The neighbourhood features excellent restaurants, cafes, bars, art galleries, and libraries.This buildings excellent amenities include a 24- hour concierge with security, 2nd-floor gym, party room, bike storage, and visitor parking. Come see this condo in person!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 11, 2024
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$2,982.85

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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887 Bay Street, Toronto C01, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Bay Street Corridor, Toronto C01.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$522,574

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 887 Bay Street 908, Toronto C01, ON M5S 3K4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$503,200
Monthly Mortgage$2,924
Property Tax (Est.)$249
Utilities & Maint.$350
Total Monthly Cost$3,523

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.