633 Bay Street Unit 1913, Toronto C01

Price: $489,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: C13448502

Newly Renovated! Expansive Condo Offering an Impressive approx 853 sq.ft 1-Bedroom Plus Den 2 Bathrooms South Facing Suite in the Heart of Downtown Toronto. Unbeatable Location. Renovated Eat-in kitchen with Brand New stainless steel appliances, all new flooring throughout including both bathrooms and updated paint throughout. Excellent layout and City skyline views with tons of sunlight. Flexible den or dining room or convert to a 2nd bedroom. Brand new In-suite laundry machine. Prime Bay Street location just steps to U of T, TMU, Eaton Centre, hospitals, the Financial District, subway, and top dining. Well managed and highly secure building with 24/7 concierge, indoor pool, hot tub, fully equipped gym, squash court and more. *condo docs state: Single Family unit building, No roommates, non-smoking building* All Utilities are included.

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New Listing
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$489,900 - 633 Bay Street Unit 1913, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed yesterday
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
C13448502
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
IRISE
Description

Newly Renovated! Expansive Condo Offering an Impressive approx 853 sq.ft 1-Bedroom Plus Den 2 Bathrooms South Facing Suite in the Heart of Downtown Toronto. Unbeatable Location. Renovated Eat-in kitchen with Brand New stainless steel appliances, all new flooring throughout including both bathrooms and updated paint throughout. Excellent layout and City skyline views with tons of sunlight. Flexible den or dining room or convert to a 2nd bedroom. Brand new In-suite laundry machine. Prime Bay Street location just steps to U of T, TMU, Eaton Centre, hospitals, the Financial District, subway, and top dining. Well managed and highly secure building with 24/7 concierge, indoor pool, hot tub, fully equipped gym, squash court and more. *condo docs state: Single Family unit building, No roommates, non-smoking building* All Utilities are included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

$
$
5%10%50%

5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

633 Bay Street Unit 1913, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,231

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $612/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    633 Bay Street Unit 1913 | $489,900 | Battaglia Team