1001 Bay Street 511

Bay Street Corridor, Toronto, M5S 3A6 · More in this building

$518,000

Reduced $20,000 from $538,000

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  • 1+1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 700-799 sq ft

Listed 53 days ago · MLS® C13720902

About this home

Spacious and light-filled 1-bedroom plus den suite offering unobstructed, sweeping views. The versatile den features a large window, making it ideal for a dedicated home office, guest space, or secondary living area. Complete with convenient in-suite laundry featuring 2025 washer and dryer.Unbeatable location in the heart of downtown Toronto-just steps from the University of Toronto, Toronto Metropolitan University (formerly Ryerson), Queen's Park, major hospitals, TTC subway and bus lines, as well as a vibrant selection of grocery stores, restaurants, cafes, and shopping. An incredible opportunity for professionals, students, or investors alike.

Details

Type
Condo Apartment
Style
Apartment
Size
700-799 sq ft
Basement
None
Garage
None
Kitchens
1
Property tax
$2,939 (2026)
Maintenance fee
$645/month
Neighbourhood
Bay Street Corridor
Municipality
Toronto C01
Price per sq ft
$691 (25% below condo apartments in Bay Street Corridor, $921)
Fee per sq ft
$0.86/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground + 1 below
Bathrooms
1 × 4-piece (flat)
Rooms
4 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick

Condo

Monthly fee
$645
Fee includes
Water Included, Common Elements Included, Building Insurance Included
Locker
Exclusive (level C)
Exposure
South East
Pets
Yes-with Restrictions
Property manager
Crossbridge Condo Service

More

Possession
Immediate
Cross street
Bay/Wellesley

Rooms

RoomLevelSizeFeatures
Living RoomFlat6.19 × 3.88 m (20'4" × 12'9")Open Concept, Combined w/Dining
Dining RoomFlat6.19 × 3.88 m (20'4" × 12'9")Combined w/Living
Primary BedroomFlat4.57 × 3.2 m (15' × 10'6")Large Window
DenFlat3.5 × 3.2 m (11'6" × 10'6")Large Window, Glass Doors
LaundryFlat

History of this address

5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Wellesley Subway4 min walk
  • 🚇 Museum Subway8 min walk
  • 🚆 Toronto Union Station GO2.4 km

Within a 10-minute walk: 17 grocery stores, 324 cafés and restaurants, 35 parks, 26 pharmacies. Nearest grocery: Galleria Supermarket Express (250 m). Nearest park: Clover Hill Park (100 m).

Schools nearby

Elementary

  • Church Street Junior Public School
    EQAO: Gr 6 reading 84%, math 45%
    11 min walk
  • Orde Street Public School
    EQAO: Gr 6 reading 89%, math 64%
    13 min walk
  • Jesse Ketchum Junior and Senior Public School
    EQAO: Gr 6 reading 96%, math 71%
    14 min walk

Secondary

  • St. Joseph's College School Catholic
    EQAO: Gr 9 math 66%, literacy test 87%
    3 min walk
  • Native Learning Centre10 min walk
  • Collège français French13 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5S

Owners / renters
36% / 64%
Median household income
$70,000
Average age
40
Children under 15
6%
Homes
1% detached, 72% high-rise
Commute by transit
24%
Population
17,074

Languages spoken most at home besides English: Mandarin 8.4%, Yue (Cantonese) 2%, Korean 1.7%, Portuguese 1.1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Bay-Cloverhill (2025): about the Toronto average, up 6% from the year before.

  • Assault22% below average
  • Break and enter51% above average
  • Auto theft93% below average
  • Robberyabout average
  • Theft from vehicles31% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 36 active

  • 55 ISABELLA ST · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    The application proposes to amend the Zoning By-law to permit a 75-storey mixed-use building (250.5 metres including mechanical penthouse) containing 92 square…
    Application details
  • 1075 BAY ST · 200 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    Official Plan & Zoning By-law Amendment to not replace the required office space and instead permit a minimum 1,815 m2 of non-residential space and/or…
    Application details
  • 48 ISABELLA ST · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendment for a 69-storey residential apartment building and will contain a total of 814 dwelling units, including 84…
    Application details
  • 555 YONGE ST · 250 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 68 storey mixed-use building. There will be 679 dwelling unit and 45,139 square meters of GFA, including 455 square meters of retail…
    Application details
  • 550 YONGE ST · 250 m
    Site Plan · Under Review · applied 2024
    Site Plan application for a proposed 67-storey residential/mixed-use building comprised of approximately 52,086 square metres of gross floor area (GFA),…
    Application details
  • 572 CHURCH ST · 450 m
    Site Plan · Under Review · applied 2024
    Site Plan Approval for a 12-storey mixed-use building with retail space on the ground floor and 115 rental dwelling units.
    Application details

45 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Queen 1.6 km
  • 🚧 Osgoode 1.6 km
  • 🚧 Moss Park 1.8 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Electromagnetic Locks · 2025 · Inspection
    Installation of new electromagnetic (maglock) on the stairs' doors for the following floors:Parking Level A, 6th, 9th, 15th, 18th, 21st,…
  • Sprinklers · 2024 · Closed
    Proposal to retrofit sprinklers in the parking garage of an existing mixed use building.
  • Interior Alterations · 2024 · Closed
    INTERIOR ALTERATIONS to existing suite - improvements / basic renovation
  • Other · 2022 · Permit Issued
    Podium deck and terrace rehabilitation
  • Interior Alterations · 2019 · Closed
    Proposal for interior alterations to fitness centre, unit 206.

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

37 City street trees within 100 m, mostly honeys. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE LANDMARK REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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