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.
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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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.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bay Street Corridor, Toronto.
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
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The current listing price for 1080 Bay Street, Unit 01, Toronto, ON in Bay Street Corridor, Toronto is $1,700,000.
This property features 3 bedrooms and 2 bathrooms across approximately 1400-1599 sqft.
1080 Bay Street, Unit 01, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Key property features include: Clear View, Hospital, Park, Place Of Worship, Public Transit, School.
Interior highlights include: Auto Garage Door Remote, Guest Accommodations, Intercom, Separate Hydro Meter, Storage Area Lockers, Wheelchair Access.
Yes, this property offers parking space for 2.0 vehicles (Underground).
Heating is provided via Gas and cooling via Central Air.
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1080 Bay Street Toronto, Toronto
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.
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.
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.
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.
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.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1080 Bay Street 5301, Toronto, ON M5S 0A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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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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.