Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 51 days on market

$518,000 ↓ $20,000 from $538,000

Est. payment $2,294/moCalculate yours

1001 Bay Street 511, Toronto, ON M5S 3A6

Bay Street Corridor, Toronto, ON M5S 3A6

  • 1 + 1 Beds
  • 1 Baths
  • 700 Sq Ft
Map

Listing courtesy of HOMELIFE LANDMARK REALTY INC. MLS® C13720902

About this home

Spacious and light-filled 1-bedroom plus den suite offering unobstructed, sweeping views. The versatile den features a large window, making it ideal for a dedicated home office, guest space, or secondary living area. Complete with convenient in-suite laundry featuring 2025 washer and dryer.Unbeatable location in the heart of downtown Toronto-just steps from the University of Toronto, Toronto Metropolitan University (formerly Ryerson), Queen’s Park, major hospitals, TTC subway and bus lines, as well as a vibrant selection of grocery stores, restaurants, cafes, and shopping. An incredible opportunity for professionals, students, or investors alike.

Property details

Overview

Property Type
Condo Apartment
Style
Apartment
For
For Sale
Status
Price Change
Size
700 sqft

Interior

Bedrooms
1 + 1
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick

Lot & Parking

Parking
None garage

Financial

Property Taxes
$2,939 (2026)
Condo Fee
$645/mo
Fee Includes
Water Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions

Location

Neighbourhood
Bay Street Corridor
Cross Street
Bay/Wellesley

Listing

MLS® Number
C13720902
Days on Market
51
Listed On
2026-08-28
Possession
Immediate
Listed By
HOMELIFE LANDMARK REALTY INC.

Rooms

Room Level Dimensions
Laundry Flat -
Living Room Flat 20′ 4″ × 12′ 9″
Dining Room Flat 20′ 4″ × 12′ 9″
Den Flat 11′ 6″ × 10′ 6″
Primary Bedroom Flat 15′ 0″ × 10′ 6″

Features

Interior

  • Other
Included
Range, Stove, Dishwasher, Stacked Washer/Dryer, Window Blinds, 24Hr Concierge, Visitor Parking, Guest Suite, Gym, Pool, Squash Court, Party Room.
Rental items
HotWater Tank Rental $24.79/Month

Mortgage calculator

Minimum for this price: $26,800 (5.17%)

Amortization, years

Estimated mortgage payment

$2,294 per month

Principal and interest
$2,294
Property tax
$245
Condo fees
$645
Estimated monthly cost
$3,183

Your mortgage

Mortgage amount
$414,400
Mortgage insurance
Not needed
Interest over 25 years
$273,678

Cash to close

Down payment
$103,600
Land transfer tax (Ontario + Toronto)
$13,670
Total, before legal fees
$117,270
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1001 Bay Street 511, Toronto, ON M5S 3A6 Bay Street Corridor, Toronto, ON M5S 3A6
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$518,000 1001 Bay Street 511, Toronto, ON M5S 3A6
Request a showing