955 bay Street, Unit 16, Toronto, ON

$480,000
MLS#:C13530582
1 beds
1 baths
500-599 sqft
Residential Condo & Other
955 bay Street 1316, Toronto, ON M5S 0C6
⚠️

Property no longer active

This property was sold on July 15, 2026. This listing is for reference purposes only. to view the sold price.

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 $480,000 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 500-599 sqft
  • 0.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

bright & unblock view 1+1 Bedroom Condo (511 SQFT)In The Heart Of Downtown Financial Area! Big Windows In Living Room With Balcony, Full Of Sun! Open Concept Professional Designed Interior, Modern Finishes, Build-In Appliances In. Right Next To U Of T St George Campus & Queen's Park! Mins Walk To Subway Stations! Walk To Shopping Area, Supermarkets, Foods, Banks.

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Property Summary

This condo apartment located at 955 bay Street, Toronto is currently for sale and has been available on SousaSells for 31 days. This property is listed at $480,000 with an estimated mortgage of $1,598* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 955 bay Street, Toronto is in the Bay Street Corridor neighborhood.

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

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bay Street Corridor, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 15, 2026
Sold price information is available to members only
Listed Date7/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,992

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 955 bay Street, Unit 16, Toronto, ON

Q.What is the asking price for 955 bay Street, Unit 16, Toronto, ON ?

The current listing price for 955 bay Street, Unit 16, Toronto, ON in Bay Street Corridor, Toronto is $480,000.

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

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 955 bay Street, Unit 16, Toronto, ON ?

955 bay Street, Unit 16, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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955 bay Street, Unit 16, Toronto, ON

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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 955 bay Street 1316, Toronto, ON M5S 0C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$144,000 (30.0%)
* Minimum Canadian down payment required for this price is $24,000.
Amortization Period30 Years
Estimated Monthly Payment$1,598Based on a loan of $336,000 over 30 years.
Purchase Price$480,000
Loan Amount$336,000
Provincial Land Transfer Tax:$6,075
Toronto Municipal Land Transfer Tax:$6,075
Total Estimated Closing Taxes:$12,150

About Purchasing a Home in Toronto, ON

For a property listed at $480,000 in Toronto, the legal minimum down payment is $24,000 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 $6,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,075 also applies, bringing the total estimated land transfer taxes to $12,150.

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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$922,093

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.