MLS® listing
770 Bay Street 709: condo apartment for sale
$448,000
From the listing brokerage
Welcome to Suite 709 at 770 Bay Street in the prestigious Lumière Condominiums, ideally situated at Bay and College in the heart of downtown Toronto. This beautifully maintained suite features soaring 9-ft ceilings, engineered hardwood flooring, floor-to-ceiling windows, a bright open-concept kitchen and living area, and an expansive south-facing balcony perfect for relaxing or entertaining. Enjoy five-star building amenities, including 24-hour concierge, visitor parking, a fitness centre, indoor pool, sauna, yoga studio, theatre, party room, guest suites, and a scenic rooftop terrace with BBQs. Steps to College Subway Station and TTC transit, with easy access to the PATH network, U of T, TMU, Queen's Park, Yorkville, the Financial District, Eaton Centre, and Bloor Street shopping. Everyday essentials are within easy reach, including Loblaws, Metro, banks, pharmacies, cafés, restaurants, and government offices. Proximity to major hospitals, research centres, universities, and downtown employment hubs offers exceptional convenience for residents and enhances rental appeal to students, healthcare staff, and working professionals. An outstanding opportunity for end users seeking vibrant downtown living or investors looking for a centrally located property with broad tenant appeal!
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 3 |
| Maintenance fee | $511 |
| Property tax | $3,100 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | CAC Included, Common Elements Included, Heat Included, Building Insurance Included, Water Included |
| Building amenities | BBQs Allowed, Gym, Lap Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | None |
| Interior features | None |
| Features | Arts Centre, Clear View, Hospital, Park, Public Transit, School |
| Floor | 7 |
Listing courtesy of BAY STREET GROUP INC.. MLS® C13757964.
About this condo apartment
770 Bay Street 709 is a 1 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $448,000. The listing shows 1 bathroom and 500-599 square feet. The style is given as apartment. The unit faces south. It comes with an underground garage 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: bbqs allowed, gym, lap pool, party room/meeting room, rooftop deck/garden and visitor parking.
What it costs to buy 770 Bay Street 709
At the asking price of $448,000, 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 | $448,000 |
|---|---|
| Ontario land transfer tax | $5,435 |
| Toronto municipal land transfer tax | $5,435 |
| Both taxes | $10,870 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $22,400 |
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 | $511 a month |
|---|---|
| Property tax (2026) | $3,100 a year, about $258 a month |
| Fee and tax together | about $769 a month |
The listing says the maintenance fee includes cac, common elements, heat, building insurance and water. 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 $448,000, which is $102,000 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
- 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.
- 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".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but 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
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Questions about 770 Bay Street 709
How much is land transfer tax on 770 Bay Street 709?
At the asking price of $448,000 the Ontario tax is $5,435 and the Toronto tax is $5,435, $10,870 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 770 Bay Street 709?
$22,400 at the asking price of $448,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 770 Bay Street 709?
The listing shows $511 a month, including cac, common elements, heat, building insurance and water. Check the current fee in the status certificate.
How much is the property tax on 770 Bay Street 709?
The listing shows $3,100 a year for 2026, about $258 a month.
Is 770 Bay Street 709 priced above or below the median?
It is listed at $448,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $102,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 770 Bay Street 709?
Use the form on this page or call us. Quote MLS® C13757964. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 770 Bay Street 709 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.
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