1080 Bay Street, Unit 505, Toronto, ON

$588,000
MLS#:C13505266
Evaluating your home's equity?Sold Guarantee*
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on August 29, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Jun 29, 2026(66 days ago)
Updated:Aug 29, 2026(5 days ago)
Last Checked:6 minutes ago

Property Highlights

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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $588,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Exquisite 1 Bedroom Plus Den Suite At Prestigious U Condominiums. Clear Urban City View from Large 132 Sq Ft Walk-Out Balcony Overlooking U of T Campus. Gorgeous Luxury West Facing 1 Bedroom + Large Den That Could Be Used As A 2nd Bedroom. The Unit Has A Large Balcony With Unobstructed Views! Floor To Ceiling Windows W/ Great Natural Lighting. 9 Ft Ceilings, Completely Upgraded Suite! Absolutely Ready For You To Move In. Steps To University Of Toronto, Yorkville, Bloor St, Subway Station, Restaurants, Upscale Shopping & Much More! **EXTRAS** Full Service Building Offers 24Hr Concierge, Gym, Outdoor Patio, Rooftop Deck, Meeting/Party Room, Bike Storage & Visitor Parking.

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Property Summary

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This condo apartment located at 1080 Bay Street, Toronto is currently for sale and has been available on zoozaa for 66 days. This property is listed at $588,000 with an estimated mortgage of $1,957* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 1080 Bay Street, Toronto is in the Bay Street Corridor neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Bay Street Corridor, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

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Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusSold Conditional
Sold price information is available to members only
AddedJun 29, 2026 (66 days ago)
UpdatedAug 29, 2026 (5 days ago)
Last Checked6 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$4,132

Parking & Garage

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Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

  • Public Transit
  • School

Interior Features

  • Other

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 1080 Bay Street, Unit 505, Toronto, ON

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Q.What is the asking price for 1080 Bay Street, Unit 505, Toronto, ON ?

The current listing price for 1080 Bay Street, Unit 505, Toronto, ON in Bay Street Corridor, Toronto is $588,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 1080 Bay Street, Unit 505, Toronto, ON ?

1080 Bay Street, Unit 505, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 1080 Bay Street, Unit 505, Toronto, ON offer?

Key property features include: Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What security features are installed at 1080 Bay Street, Unit 505, Toronto, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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1080 Bay Street, Unit 505, Toronto, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bay Street Corridor, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
▼ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

1080 Bay Street Condominium

1080 Bay Street Toronto, Toronto

Built 20154.0 RatingView Building Page

Micro‑Location & Urban Transit Deep Dive

Cross‑Street Connectivity and TTC Access

The address sits at the nexus of Bay and Queen, a junction that pulses with commuter traffic and footfall. Direct access to St. Andrew and Bay stations on the TTC’s Line 1 places the building within a two‑minute walk of both subway entrances, while the 501 and 510 streetcar routes thread through the intersection, offering seamless surface‑level connections to the waterfront and downtown core. For cyclists, the dedicated bike lane on Bay Street and the nearby OC Transpo‑style bike‑share docks eliminate the need for a personal vehicle, a factor that consistently pushes the walk score into the high‑90s.

Walk Score and Pedestrian Experience

A walk score of 96 reflects more than just proximity to transit; it captures the richness of the micro‑neighbourhood. Strolling east along Queen Street reveals boutique retailers, artisanal coffee roasters, and the historic St. Lawrence Market, all within a five‑minute amble. The streetscape is lined with mature trees and pedestrian‑friendly sidewalks, reducing the average block traversal time to under two minutes. This walkability not only enhances daily convenience but also contributes to higher resale velocity, as buyers increasingly prioritize lifestyle over square‑footage alone.

Local Dining and Cultural Hotspots

The culinary landscape surrounding 1080 Bay Street is a micro‑cosm of Toronto’s diverse palate. From the upscale Japanese izakaya at Kaji to the vibrant Ethiopian eatery at Habesha, the options cater to both quick lunch stops and extended dinner experiences. Nightlife thrives along the nearby King Street West corridor, where live music venues and rooftop bars attract a young professional crowd. Cultural institutions such as the Royal Ontario Museum and the Art Gallery of Ontario are just a short streetcar ride away, reinforcing the area’s reputation as a cultural hub.

Green Spaces and School Catchment

Just a block west, the expansive Nathan Phillips Square offers seasonal skating, outdoor concerts, and a central gathering place that enhances the neighbourhood’s communal vibe. The nearby Allan Lamport Park provides jogging trails and dog‑friendly zones, appealing to active residents. In terms of education, the building falls within the catchment of the highly rated St. Michael’s College School and St. George’s Elementary, both of which boast strong academic records and active parent‑teacher associations, making the area attractive to families seeking quality schooling without sacrificing urban convenience.

Building Amenities and Resale Dynamics

While the tower’s exterior exudes a sleek, glass‑curtain façade, the interior amenities focus on practical luxury. A 24‑hour concierge, secure underground parking with visitor spots, and a private fitness centre equipped with modern cardio machines are standard. Monthly maintenance fees cover water, heat, and building insurance, but residents should note that parking spots are allocated on a first‑come, first‑served basis, and additional visitor parking is limited to a nearby municipal lot. Recent sales data indicate that units at 1080 Bay Street have appreciated approximately 12 % over the past three years, outperforming the average Toronto condo growth rate of 7 %. This resilience is attributed to the building’s prime location, low vacancy rates, and the reputation of its management company for transparent financial handling.

Bottom Line

For buyers seeking a blend of transit‑centric living, vibrant street‑level culture, and solid investment potential, 1080 Bay Street Condominium offers a uniquely positioned address that few other downtown towers can match.

Property History

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No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1080 Bay Street 505, Toronto, ON M5S 0A5

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Bay Street Corridor, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$815,316

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Bay Street Corridor, Toronto

Elementary Schools

St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Bay Street Corridor, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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