$2,895,000 - 1084 Bay Street, Downtown Toronto
New Construction for Sale in Downtown Toronto
New — Listed yesterday- MLS Number
- C13455544
- Property Type
- New Construction
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- EXP REALTY
Sophisticated urban living in the heart of Bay & Bloor. This architecturally striking limestone townhouse offers approximately 2,686 sq. ft. of meticulously maintained living space plus a 432 sq. ft. private rooftop terrace. Connected by a private elevator, the residence blends the scale and flexibility of a home with the convenience of condominium living.Thoughtfully designed with multiple living areas, soaring ceilings, floor-to-ceiling glazing, and desirable east and west exposures, the home is filled with natural light throughout the day. The quality of construction and level of care are immediately apparent, with timeless finishes and an exceptional sense of permanence rarely found in urban townhouse living.The chef's kitchen is appointed with premium Wolf and Sub-Zero appliances and custom cabinetry, while flexible living spaces accommodate a variety of lifestyles, including home office, guest suite, fitness, or family living. Additional features include two integrated garages with direct access, a home gym, generous storage, and seamless connectivity between levels via private elevator.The rooftop terrace provides a rare outdoor retreat above the city, offering an ideal setting for entertaining, dining, or quiet relaxation.Perfectly positioned just steps from Yorkville, the University of Toronto, Philosopher's Walk, world-class dining, luxury shopping, and both the Yonge and Bloor subway lines, this is a rare opportunity to own an exceptionally well-built and beautifully maintained residence in one of Toronto's most connected and prestigious neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$12,805.56/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1084 Bay Street, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1158/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $12,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.