$715,000 - 88 Blue Jays Way Unit 1603, Downtown Toronto
Condo for Sale in Downtown Toronto
50 days on market- MLS Number
- C13049044
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
At the iconic Bisha Hotel & Residences, this beautifully designed 662 SF suite offers a rare convergence of world-class design and hotel-grade luxury, right in the heart of Toronto's Entertainment District. Step inside to a welcoming space that opens to a striking glass-enclosed den, an ideal home office or creative workspace. The hallway leads into an open-concept living space where exposed concrete ceilings, hardwood floors, and floor-to-ceiling windows create a modern, loft-inspired aesthetic. The sleek designer kitchen, crafted with interiors by Studio Munge and Kravitz Design Inc., features bold quartz countertops, a centre island, a custom marble backsplash, integrated stainless steel appliances, and generous prep space that flows naturally into the living and dining area, making it perfect for entertaining or casual dining. Beyond the living space, sliding doors lead to a private balcony overlooking the vibrant downtown skyline and the CN Tower. The thoughtfully separated bedroom provides a quiet retreat with ample storage, and convenient access to an updated 4 piece bath. Residents enjoy access to full-service amenities including a rooftop infinity pool, a state-of-the-art fitness centre, a billiards room, a party lounge, and 24-hour concierge service and more. Enjoy on-site fine dining option, including the acclaimed Akira Back and KOST, one of the city's most coveted rooftop destinations. Located steps from Rogers Centre, Scotiabank Arena, the underground PATH, and TIFF Bell Lightbox, this residence places the very best of downtown Toronto at your doorstep.
Estimate your monthly payments for this property
Estimated Payment
$3,668.32/mo
Includes CMHC insurance ($19,949)
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.
88 Blue Jays Way Unit 1603, 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 $1192/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.
Negotiation Opportunity
At 50 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 600 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.
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 $2,979 (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.