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MLS® listing

750 Bay Street 808: condo apartment for sale

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$448,800

1 bedroom, 1 bathroom, Condo Apartment · Bay Street Corridor · near Bay / College

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From the listing brokerage

Welcome to Suite 808 at The Penrose - a remarkably spacious one-bedroom residence in the heart of downtown Toronto. From the moment you enter the [ 708 square feet ] living space, the scale of this suite sets it apart. The expansive open-concept living and dining area offers the kind of space rarely found in a one-bedroom condo, with room for substantial furniture, a full dining setting, a dedicated work-from-home area and effortless entertaining - all without feeling crowded. Large windows bring natural light into the principal living space and extend the home outdoors to a private balcony [ 79 square feet ] , while the well-designed kitchen with breakfast bar keeps the layout open and connected. The generously proportioned bedroom features a walk-in closet, complemented by in-suite laundry and excellent functionality throughout. Parking and a Locker are included, adding even more value and convenience.The Penrose offers an exceptional collection of amenities designed for a true downtown lifestyle, including 24-hour concierge and security, a fully equipped fitness centre, indoor pool, hot tub, sauna and an exceptionally rare covered running track - an amenity seldom found in a downtown condominium.All of this in an outstanding Bay Street location, surrounded by the best of downtown Toronto with transit, shopping, dining, hospitals, universities and everyday conveniences just steps away.For buyers who love downtown living but don't want to compromise on space, Suite 808 is a rare find.

Facts on the listing

Square feet700-799
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$986
Property tax$3,276
Tax year2026
LockerOwned
PetsYes-with Restrictions
ExposureWest
Fee includesHeat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included, Hydro Included
Building amenitiesGym, Concierge, Indoor Pool, Sauna, Party Room/Meeting Room
BalconyOpen
LaundryIn-Suite Laundry
Interior featuresNone
Floor6

Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS® C13727190.

About this condo apartment

750 Bay Street 808 is a 1 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $448,800. The listing shows 1 bathroom and 700-799 square feet. The style is given as apartment. The unit faces west. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Bay / College.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: gym, concierge, indoor pool, sauna and party room/meeting room.

What it costs to buy 750 Bay Street 808

At the asking price of $448,800, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$448,800
Ontario land transfer tax$5,451
Toronto municipal land transfer tax$5,451
Both taxes$10,902
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$22,440

The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$986 a month
Property tax (2026)$3,276 a year, about $273 a month
Fee and tax togetherabout $1,259 a month

The listing says the maintenance fee includes heat, water, cac, common elements, building insurance, parking and hydro. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $448,800, which is $101,200 below that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale

Similar homes for sale in Toronto

Questions about 750 Bay Street 808

How much is land transfer tax on 750 Bay Street 808?

At the asking price of $448,800 the Ontario tax is $5,451 and the Toronto tax is $5,451, $10,902 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 750 Bay Street 808?

$22,440 at the asking price of $448,800, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 750 Bay Street 808?

The listing shows $986 a month, including heat, water, cac, common elements, building insurance, parking and hydro. Check the current fee in the status certificate.

How much is the property tax on 750 Bay Street 808?

The listing shows $3,276 a year for 2026, about $273 a month.

Is 750 Bay Street 808 priced above or below the median?

It is listed at $448,800. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $101,200 lower. The median covers all sizes and neighbourhoods.

How do I book a showing for 750 Bay Street 808?

Use the form on this page or call us. Quote MLS® C13727190. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 750 Bay Street 808 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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