1080 Bay Street, Unit 01, Toronto, ON

$1,700,000
MLS#:C13652770
3 beds
2 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $1,700,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Guest Accommodations, Intercom
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to the prestigious U Condominiums, an iconic Pemberton-built luxury residence perfectly positioned in Toronto's coveted Bay & Bloor neighborhood, adjacent to the picturesque grounds of St. Michael's College at the University of Toronto. This spectacular south-east corner suite offers an exceptional combination of elegance, space, and breathtaking panoramic views. Boasting approximately 1,477 sq. ft. of luxurious interior living space plus an impressive 399 sq. ft. across two expansive wraparound balconies, this residence is flooded with natural light through dramatic floor-to-ceiling, wall-to-wall windows, showcasing unobstructed views of the city skyline and Lake Ontario. Soaring 10-foot ceilings, designer lighting throughout, and an exceptional open-concept layout create an atmosphere of sophistication and comfort. The spacious den is ideal as a home office, guest suite, or potential third bedroom, offering incredible versatility. This rare offering includes two premium parking spaces and a locker, an extraordinary convenience in the heart of downtown. Residents enjoy first-class amenities including a 24-hour concierge, state-of-the-art fitness centre, elegant party and meeting rooms, spectacular rooftop terrace and gardens with panoramic city views, visitor parking, and excellent security. Experience one of Toronto's most desirable lifestyles, just steps from Yorkville, Bloor Street's world-class shopping and dining, the University of Toronto, hospitals, museums, libraries, parks, cultural attractions, and TTC subway stations. Everything you need is literally at your doorstep. A rare opportunity to own an extraordinary luxury residence in one of Toronto's most prestigious addresses-where timeless elegance, breathtaking views, and an unbeatable location come together to create an exceptional place to call home.

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Property Summary

This condo apartment located at 1080 Bay Street, Toronto is currently for sale and has been available on SousaSells for 2 days. This property is listed at $1,700,000 with an estimated mortgage of $5,659* per month. It has 3 beds, 2 bathrooms, and is 1400-1599 square feet. 1080 Bay Street, Toronto is in the Bay Street Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bay Street Corridor, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1400-1599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Other
BasementNone
CountyToronto
Annual Tax$10,255.58

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Clear View
  • Hospital
  • Park
  • Place Of Worship
  • Public Transit
  • School

Interior Features

  • Auto Garage Door Remote
  • Guest Accommodations
  • Intercom
  • Separate Hydro Meter
  • Storage Area Lockers
  • Wheelchair Access

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1080 Bay Street, Unit 01, Toronto, ON

Q.What is the asking price for 1080 Bay Street, Unit 01, Toronto, ON ?

The current listing price for 1080 Bay Street, Unit 01, Toronto, ON in Bay Street Corridor, Toronto is $1,700,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1400-1599 sqft.

Q.What property type and architectural style is 1080 Bay Street, Unit 01, Toronto, ON ?

1080 Bay Street, Unit 01, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 1080 Bay Street, Unit 01, Toronto, ON offer?

Key property features include: Clear View, Hospital, Park, Place Of Worship, Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Guest Accommodations, Intercom, Separate Hydro Meter, Storage Area Lockers, Wheelchair Access.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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1080 Bay Street, Unit 01, Toronto, ON

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Condo Complex Overview

1080 Bay Street Condominium

1080 Bay Street Toronto, Toronto

Built 20154.0 RatingView Building Page

Micro‑Location & Urban Transit Deep Dive

Cross‑Street Connectivity and TTC Access

The address sits at the nexus of Bay and Queen, a junction that pulses with commuter traffic and footfall. Direct access to St. Andrew and Bay stations on the TTC’s Line 1 places the building within a two‑minute walk of both subway entrances, while the 501 and 510 streetcar routes thread through the intersection, offering seamless surface‑level connections to the waterfront and downtown core. For cyclists, the dedicated bike lane on Bay Street and the nearby OC Transpo‑style bike‑share docks eliminate the need for a personal vehicle, a factor that consistently pushes the walk score into the high‑90s.

Walk Score and Pedestrian Experience

A walk score of 96 reflects more than just proximity to transit; it captures the richness of the micro‑neighbourhood. Strolling east along Queen Street reveals boutique retailers, artisanal coffee roasters, and the historic St. Lawrence Market, all within a five‑minute amble. The streetscape is lined with mature trees and pedestrian‑friendly sidewalks, reducing the average block traversal time to under two minutes. This walkability not only enhances daily convenience but also contributes to higher resale velocity, as buyers increasingly prioritize lifestyle over square‑footage alone.

Local Dining and Cultural Hotspots

The culinary landscape surrounding 1080 Bay Street is a micro‑cosm of Toronto’s diverse palate. From the upscale Japanese izakaya at Kaji to the vibrant Ethiopian eatery at Habesha, the options cater to both quick lunch stops and extended dinner experiences. Nightlife thrives along the nearby King Street West corridor, where live music venues and rooftop bars attract a young professional crowd. Cultural institutions such as the Royal Ontario Museum and the Art Gallery of Ontario are just a short streetcar ride away, reinforcing the area’s reputation as a cultural hub.

Green Spaces and School Catchment

Just a block west, the expansive Nathan Phillips Square offers seasonal skating, outdoor concerts, and a central gathering place that enhances the neighbourhood’s communal vibe. The nearby Allan Lamport Park provides jogging trails and dog‑friendly zones, appealing to active residents. In terms of education, the building falls within the catchment of the highly rated St. Michael’s College School and St. George’s Elementary, both of which boast strong academic records and active parent‑teacher associations, making the area attractive to families seeking quality schooling without sacrificing urban convenience.

Building Amenities and Resale Dynamics

While the tower’s exterior exudes a sleek, glass‑curtain façade, the interior amenities focus on practical luxury. A 24‑hour concierge, secure underground parking with visitor spots, and a private fitness centre equipped with modern cardio machines are standard. Monthly maintenance fees cover water, heat, and building insurance, but residents should note that parking spots are allocated on a first‑come, first‑served basis, and additional visitor parking is limited to a nearby municipal lot. Recent sales data indicate that units at 1080 Bay Street have appreciated approximately 12 % over the past three years, outperforming the average Toronto condo growth rate of 7 %. This resilience is attributed to the building’s prime location, low vacancy rates, and the reputation of its management company for transparent financial handling.

Bottom Line

For buyers seeking a blend of transit‑centric living, vibrant street‑level culture, and solid investment potential, 1080 Bay Street Condominium offers a uniquely positioned address that few other downtown towers can match.

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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 1080 Bay Street 5301, Toronto, ON M5S 0A6

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$510,000 (30.0%)
* Minimum Canadian down payment required for this price is $340,000.
Amortization Period30 Years
Estimated Monthly Payment$5,659Based on a loan of $1,190,000 over 30 years.
Purchase Price$1,700,000
Loan Amount$1,190,000
Provincial Land Transfer Tax:$30,475
Toronto Municipal Land Transfer Tax:$30,475
Total Estimated Closing Taxes:$60,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,700,000 in Toronto, the legal minimum down payment is $340,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,475 also applies, bringing the total estimated land transfer taxes to $60,950.

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Bay Street Corridor, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$922,139

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Bay Street Corridor, Toronto

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

Bay Street Corridor, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.