1121 Bay Street 1708, Toronto C01

$468,000
1121 Bay Street 1708

$468,000

New
3d
Condo ApartmentApartment

1121 Bay Street 1708, Toronto C01

Total Monthly Obligation $3,292

Beds
2
Baths
1
Park
0
Sqft
600-699
DOM
3d
Score
19
Yield
7.3%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-C14098542
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,370.77 (2025)
Maintenance-$923/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

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.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$374,400
Land Transfer Taxes$5,835
Legal Fees (Est.)
$
Total cash required for closing$100,935

Total Monthly Obligation

$3,292/mo
Mortgage $1,888
Monthly Loss $2,795
Principal$497
Interest$1,391
Property Tax$281
Condo Fees$923
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.2%30
10-Year IRR
10.3%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,272/yr
NOI
$13,998/yr
Net Cash Flow
-$721/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1121 Bay Street 1708

Time

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