Condo for sale at 1407-1001 Bay Street, Toronto, Ontario, M5S 3A6 - Bay Street Corridor - MLS: C12923866

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1407-1001 Bay Street

Toronto, Ontario, M5S 3A6 - Bay Street Corridor

$499,000

Virtual Tour

Neighbourhood

Bay Street Corridor
Major Intersection

Bay/Wellesley

Listed Since: 7 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

600-699
Exposure

East
Total Parking

n/a
Maintenance

$583
Taxes

$2,714.71 (2025)
Balcony

None

Property Description

Property description for 1407-1001 Bay Street, Toronto

Under $500K - WOW - in the heart of downtown Toronto. Suite 1407 is a renovated, move-in ready one-bedroom that puts you within steps of Yorkville, the Bay/Bloor subway, the Financial District and U of T - at a price point that rarely shows up this close to the centre of everything. At 692 sq ft, the suite is thoughtfully laid out with updated flooring in the living and dining rooms, a renovated kitchen, and floor-to-ceiling corner windows that frame an open city view. The full appliance package is included - front-loading washer/dryer, newer fridge, and newer stove. Everything is ready for you. The building - a 35-storey landmark in the Bay Street Corridor - has earned its reputation. A Toronto Star-featured art deco lobby sets the tone for a full suite of amenities: indoor pool, whirlpool, gym, racquetball and basketball courts, sauna, roof garden, and 24-hour security. A well-managed, well-maintained building. Walk to U of T St. George campus in 10 minutes. Step onto the subway in two. Have everything Yorkville offers on your doorstep without paying Yorkville prices. Whether you are buying your first place downtown, investing in a market that rewards location, or securing a home base for a student at U of T, 1407 makes the math work.

Listed by ROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE

Property details

MLS #

C12923866
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

31-50
Basement

None
View

City, Skyline
Garage

None
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Cable, Water
Property Management

ICC Property Management 416-960-4813
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12923866
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

31-50
Basement

None
View

City, Skyline
Garage

None
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Cable, Water
Property Management

ICC Property Management 416-960-4813
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

2.9 x 2.8 ft Main level

Tile Floor
Dining

3.3 x 8.5 ft Main level

Combined W/Living, hardwood floor
Living

3.3 x 8.5 ft Main level

Combined W/Dining, hardwood floor, Window Flr to Ceil
Foyer

1.0 x 0.9 ft Main level

hardwood floor, Window Flr to Ceil
Br

2.9 x 3.8 ft Main level

Broadloom, Window Flr to Ceil

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Bay Street Corridor

Active listings

201

Average Selling Price of a Condo Apt

March 2026

$721,839

Last 3 Months

$733,594

Last 12 Months

$778,456

March 2025

$865,349

Last 3 Months LY

$907,280

Last 12 Months LY

$856,832

Change

-17%

Change

-19%

Change

-9%

Historical Average Selling Price of a Condo Apt in Bay Street Corridor

Average Selling Price

3 years ago

$876,057

Average Selling Price

5 years ago

$821,205

Average Selling Price

10 years ago

$597,810

Change

-18%

Change

-12%

Change

21%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.