$985,000 - 88 Blue Jays Way Unit 2409, Downtown Toronto
Condo for Sale in Downtown Toronto
41 days on market- MLS Number
- C13090516
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Experience elevated living in this stylish 2-bedroom corner suite at the iconic Bisha Hotel & Residences. Designed by internationally renowned Studio Munge, this residence blends sophisticated design with modern edge in one of Toronto's most sought-after buildings. Thoughtfully renovated throughout, this suite features timeless French Oak herringbone floors, a sleek designer kitchen, and premium finishes at every turn. Custom details include wine storage with UV-protected glass and accent lighting, custom mirroring, mouldings in the common areas, linen accent walls in both bedrooms, curated fixed lighting, and California Closets throughout. The kitchen and baths are finished with Caesarstone solid surface countertops and striking faux marble panel detailing, creating a cohesive and elevated aesthetic. Additional upgrades include solid core doors, designer hardware, and refined fixtures throughout. Floor-to-ceiling windows fill this bright corner suite with natural light, spanning the living, dining, and both bedrooms while showcasing dynamic city and lake views. Residents enjoy access to world-class hotel amenities, including the rooftop infinity pool with cabanas and full-service bar, private fitness facility, steam room, concierge services, and exclusive resident perks. Located in the heart of Toronto's Entertainment and Fashion District, steps to TIFF Bell Lightbox, The Well, Waterworks Food Hall, Rogers Centre, and some of the city's best dining and nightlife. A rare opportunity to own a fully customized luxury residence in one of downtown Toronto's most iconic addresses.
Estimate your monthly payments for this property
Estimated Payment
$5,053.56/mo
Includes CMHC insurance ($27,482)
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 2409, 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 $1231/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.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $4,104 (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.