MLS® listing
1121 Bay Street 1708: condo apartment for sale
$468,000
From the listing brokerage
High above Bay & Bloor, this south-east corner 640 sq ft residence sits right at the heart of the transit network, making it a prime location for downtown living. Freshly updated with new wide-plank vinyl flooring, professional new paint throughout, vintage bulb chandelier that delivers a warm, nostalgic glow, new LED pot lights and large slim LED ceiling lights with customizable color temperatures to light up this home. The 2-bedroom maximizes a compact footprint and use of space in this polished home ready for cozy gatherings in a big city. The kitchen is finished with granite countertops, a mirrored backsplash & a double-sink with pull-out faucet. Paired with it is a kitchen island with an elegant range hood above and a beautiful glass-cooktop. The unit also features a set of in-suite washer and dryer. Its 9-foot ceiling, large windows and open balcony frame rich city views and flood each room with natural light. Which also highlights the vibrant city life below, including the Royal Ontario Museum, short walk to the University of Toronto, Yorkville shopping and food scene are perfect for professionals, students and families building lives in Toronto. Building amenities (gym, sauna, rooftop garden, library, media & party rooms) suit every lifestyle & include a 24hr concierge service .This residence is well maintained by a professional property management team, keeping it in a pristine condition. Utilities are covered by the maintenance fees, so you can live worry-free. A storage locker is included for added convenience.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $923 |
| Property tax | $3,371 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Interior features | Built-In Oven, Carpet Free, Countertop Range |
| Floor | 16 |
Listing courtesy of BAY STREET GROUP INC.. MLS® C14098542.
About this condo apartment
1121 Bay Street 1708 is a 2 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $468,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces south east. It comes with an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Bay & Bloor.
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.
What it costs to buy 1121 Bay Street 1708
At the asking price of $468,000, 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 | $468,000 |
|---|---|
| Ontario land transfer tax | $5,835 |
| Toronto municipal land transfer tax | $5,835 |
| Both taxes | $11,670 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $23,400 |
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 | $923 a month |
|---|---|
| Property tax (2025) | $3,371 a year, about $281 a month |
| Fee and tax together | about $1,204 a month |
The listing says the maintenance fee includes heat, hydro, water, cac, common elements and building insurance. 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 $468,000, which is $82,000 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. The listing shows a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- 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 1121 Bay Street 1708
How much is land transfer tax on 1121 Bay Street 1708?
At the asking price of $468,000 the Ontario tax is $5,835 and the Toronto tax is $5,835, $11,670 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 1121 Bay Street 1708?
$23,400 at the asking price of $468,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1121 Bay Street 1708?
The listing shows $923 a month, including heat, hydro, water, cac, common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 1121 Bay Street 1708?
The listing shows $3,371 a year for 2025, about $281 a month.
Is 1121 Bay Street 1708 priced above or below the median?
It is listed at $468,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $82,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 1121 Bay Street 1708?
Use the form on this page or call us. Quote MLS® C14098542. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1121 Bay Street 1708 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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