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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Bay Street Corridor
  • 1001 Bay Street
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  • Sold Sold in Jun 2025
  • Condo Apt

PH05 - 1001 Bay Street

Toronto, Bay Street Corridor
  • 2 Bedrooms
  • 3 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 1,018,000
7.03%
Listed Price: $ 1,095,000
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Key Facts About PH05 - 1001 Bay Street, Toronto

  • Tax $4,692 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1174.85
  • Size 1400 - 1599 feet²
  • Listing # C12157929
  • Data Source PROPTX
  • Days on Market 29
  • Listed On 20/05/2025
  • Updated On 02/11/2025
  • Market Demand
    the canadian homethe canadian home

Description

Exclusive 2-Storey Penthouse in the Heart of Toronto. A Rare Gem with Spectacular City Views. Welcome to luxury living at its finest! This rarely offered 2-storey penthouse, located in a prestigious building in downtown Toronto, offers an unparalleled blend of elegance, modern convenience, and breathtaking cityscapes. Spanning two levels, this open-concept masterpiece is designed for those who crave sophistication and urban vibrancy, all while enjoying the comforts of a thoughtfully designed home. Step inside and be captivated by the expansive

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Property Details of PH05 - 1001 Bay Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Bay Street Corridor
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 3
  • Bathroom Details 1, 4pc Second
  • Bathroom Details 1, 3pc Second
  • Bathroom Details 1, 2pc Main
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace Y

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1400 - 1599 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete, Other

Parking

  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Bay/Wellesley

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 5,224

Rental Yield

4.72%

School Score

7.8/10

Rental Score

5/5

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Rooms

Living Room (5.8X4.1 metre)
Level: Main
Dining Room (5.8X4.1 metre)
Level: Main
Kitchen (2.7X2.6 metre)
Level: Main
Bedroom (5.8X3.75 metre)
Level: Second
Bedroom 2 (3.5X3.2 metre)
Level: Second
Bathroom (4 pcs)
Level: Second
Bathroom (3 pcs)
Level: Second
Bathroom (2 pcs)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,744

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,175
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About PH05 - 1001 Bay Street, Toronto

Introducing an exceptional opportunity to acquire a remarkable condo for sale in Toronto , located at 1001 Bay Street, Toronto. This exclusive two-storey penthouse is situated in the vibrant Bay Street Corridor, a prestigious area that epitomises luxury living in the heart of the city. With its stunning city views and modern conveniences, this property is a rare gem that offers a sophisticated lifestyle for discerning buyers.

As you enter this splendid condo for sale in Toronto, you are greeted by an expansive open-concept layout that is both inviting and elegant. The main level boasts floor-to-ceiling windows that flood the space with natural light, showcasing panoramic views of Toronto's iconic skyline. The gleaming hardwood floors add a touch of warmth and timeless appeal, making this home perfect for both entertaining guests and enjoying quiet evenings in.

The heart of this residence is undoubtedly the gourmet kitchen, which features sleek quartz countertops and premium stainless steel appliances. With ample cabinetry, it provides all the space you need for your culinary endeavours. The living area is anchored by a charming wood-burning fireplace, a rare feature that adds character and a cosy atmosphere to the home. This combination of style and functionality makes the condo for sale in Toronto an ideal choice for those who appreciate modern living.

Ascending the modern staircase to the second level, you will discover two generously sized bedrooms. The primary bedroom is a true retreat, complete with an en-suite bathroom that offers privacy and convenience. A second full washroom serves the additional bedroom and guests, ensuring that comfort is paramount in this thoughtfully designed space. With a total of three bathrooms, this penthouse provides ample facilities for residents and visitors alike.

This condo for sale in Toronto is not just about the interior; it also offers the advantage of underground parking with one dedicated garage space. While there is no pool or central vacuum system, the property is equipped with central air conditioning to keep you comfortable throughout the year. Additionally, the home is unfurnished, allowing you the freedom to personalise the space to your taste.

Located at 1001 Bay Street, Toronto, this penthouse is perfectly positioned for those who value accessibility. Just steps away from the TTC and subway, residents can easily navigate the city. The proximity to esteemed institutions such as the University of Toronto and Ryerson University, as well as the bustling Financial District, makes this location ideal for professionals and students alike.

In summary, this exclusive condo for sale in Toronto offers a unique opportunity to live in a luxurious two-storey penthouse that combines elegance with modern convenience. With its breathtaking city views, spacious living areas, and prime location at 1001 Bay Street, Toronto, this property is a must-see for anyone looking to invest in a piece of the city's skyline. Don’t miss your chance to own this extraordinary home; schedule your private tour today and experience the allure of urban living at its finest.

This is more than just a property; it is a lifestyle choice that promises comfort, sophistication, and a vibrant community atmosphere. If you are in the market for a condo for sale in Toronto, look no further than this stunning penthouse at 1001 Bay Street, Toronto. It truly embodies the essence of luxury living in one of Canada’s most dynamic cities.

The Bay Street Corridor, situated in the heart of Toronto, is a vibrant and bustling geographic area renowned for its striking skyline and urban energy. This neighbourhood is characterised by a mix of towering skyscrapers, luxury condominiums, and historic buildings, creating a dynamic blend of modernity and tradition. The Corridor is a hub for business and finance, housing numerous corporate offices and financial institutions, while also offering a rich array of cultural attractions, including theatres, galleries, and diverse dining options. With its proximity to the lush green spaces of Queen's Park and the lively atmosphere of the Entertainment District, the Bay Street Corridor presents an exciting urban lifestyle, making it an appealing choice for those seeking the pulse of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Church Street Junior Public School (0.7 km) and Orde Street Public School (0.9 km), both offering elementary education in English, with ratings of 6 and 8.4 respectively. For older students, Jarvis Collegiate Institute (0.8 km) provides high school education, although it has a lower rating of 3.8. Additionally, Lord Lansdowne Junior Public School, which offers French instruction, is 1.4 km away but has a rating of 0, indicating potential concerns. Our Lady of Lourdes Catholic School (1.0 km) and St. Joseph's College School (0.2 km) are nearby Catholic options, with ratings of 6.7 and 7.2, respectively. St. Mary Catholic School, although further away at 2.6 km, offers education in French for younger grades with a rating of 5.9. Overall, the area boasts a mix of public and Catholic schools, catering to various educational needs and preferences, ensuring that families have access to quality education within close proximity.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,142 residents, with an average household size of 1.7 individuals. The demographic profile indicates a relatively young community, with an average age of 36.1 years. The average household income stands at $85,000, though 27% of the population is classified as low-income. The real estate market reflects a median property price of $795,000, with a significant portion of the population (56.34%) renting their homes. The area is predominantly single, comprising 59.91% of the population, while households with children make up 22.92%. A notable 47.47% of residents are immigrants, contributing to the area's cultural diversity. The housing landscape is primarily composed of condominiums, which account for 94.37% of the properties. Education levels are high, with 79.5% of residents holding a college or university degree. However, 33.05% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community showcases a blend of youthful energy, educational attainment, and a significant rental market, making it an intriguing location for potential homeowners and investors alike.

FAQs About PH05 - 1001 Bay Street, Toronto

How many bathrooms does this property have?

This property features 3 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 1400 - 1599.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 1001 Bay Street?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1174.85.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

Information about heating system is not available.

What utilities are available for this property?

Information about utilities is not available.

School Rating for PH05 - 1001 Bay Street, Toronto

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Listing History

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