887 Bay Street #708

Bay Street Corridor, Toronto, M5S 3K4 · More in this building

$2,550/mo

Reduced $100 from $2,650

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  • 1 bedrooms
  • 1 bathrooms
  • 1 parking
  • 600-699 sq ft

Listed 22 days ago · MLS® C13833266

About this home

Beautifully renovated 1-bedroom + den, 644 sq. ft. downtown Toronto suite featuring an open-concept layout, exceptionally wide 21-ft living/dining area, and rare unobstructed west-facing views over Bay Street. Bright and private with abundant afternoon sunshine. Extensively updated with fresh paint, upgraded lighting and blinds, distinctive French Country-inspired tile flooring, a spa-inspired renovated bathroom with frameless glass shower and quartz vanity, and a modern kitchen with quartz countertops. The spacious bedroom features a walk-in closet, while the separate den is ideal for a home office or study. Some photos have been virtually staged with furniture for illustrative purposes. Parking and locker included, with water, hydro and gas all included in the rent. Ideally located steps from U of T, TMU, Queen's Park, major hospitals, Dundas and College subway stations, Eaton Centre, restaurants, shopping and entertainment. A bright, spacious and move-in-ready downtown home offering an exceptional combination of generous living space, premium renovations, unobstructed views, and an unbeatable location.

Details

Type
Condo Apartment
Style
Apartment
Size
600-699 sq ft
Basement
None
Garage
Underground
Kitchens
1
Neighbourhood
Bay Street Corridor
Municipality
Toronto C01
Rent increase limit
Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

Interior

Bedrooms
1 above ground
Bathrooms
1 × 4-piece (main)
Rooms
5 above ground
Family room or den
No
Fireplace
No
Laundry
Laundry Room
Features
Carpet Free
Furnished
Unfurnished

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground

Condo

Amenities
Concierge, Exercise Room, Visitor Parking
Locker
Owned (level A)
Balcony
Open
Exposure
West
Pets
Yes-with Restrictions
Property manager
AA Property Management & Associates

Rental terms

Rent includes
Parking, Heat, Hydro, Water, Building Maintenance

More

Possession
Immediate
Nearby
Hospital, Park, Public Transit
Cross street
Bay/Wellesley

Rooms

RoomLevelSizeFeatures
Living RoomMain3.23 × 5.5 m (10'7" × 18'1")Combined w/Dining, W/O To Balcony, West View
Dining RoomMain3.23 × 5.5 m (10'7" × 18'1")Combined w/Living, W/O To Balcony, West View
KitchenMain2.1 × 2.44 m (6'11" × 8')Marble Floor, Open Concept, Modern Kitchen
BedroomMain2.92 × 4.14 m (9'7" × 13'7")Walk-In Closet(s), West View

History of this address

16 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

The neighbourhood

Getting around Very walkable

  • 🚇 College Subway6 min walk
  • 🚇 Wellesley Subway6 min walk
  • 🚆 Toronto Union Station GO2.1 km

Within a 10-minute walk: 24 grocery stores, 413 cafés and restaurants, 29 parks, 29 pharmacies. Nearest grocery: Galleria Supermarket Express (250 m). Nearest park: Opera Place (100 m).

Schools nearby

Elementary

  • Church Street Junior Public School
    EQAO: Gr 6 reading 84%, math 45%
    9 min walk
  • Orde Street Public School
    EQAO: Gr 6 reading 89%, math 64%
    10 min walk
  • Our Lady of Lourdes Catholic School Catholic
    EQAO: Gr 6 reading 80%, math 43%
    15 min walk
  • Cornerstone Preparatory School Private16 min walk

Secondary

  • St. Joseph's College School Catholic
    EQAO: Gr 9 math 66%, literacy test 87%
    4 min walk
  • Native Learning Centre9 min walk
  • Collège français French11 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 26 active

  • 21 MCGILL ST · 500 m
    Site Plan · Under Review · applied 2026
    Site Plan Approval for a 7-storey addition to the existing Covenant House Toronto. The proposal would increase its youth crisis and supportive housing capacity…
    Application details
  • 2 CARLTON ST · 300 m
    Site Plan · Under Review · applied 2025
    Site Plan application for an 80-storey tower containing 69,448 square metres of residential GFA and 10,037 square metres of non-residential GFA (Non-res GFA…
    Application details
  • 543 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
  • 506 CHURCH ST · 450 m
    Site Plan · OMB Appeal · applied 2024
    Site Plan Approval for a 48 storey mixed use building and restoration to the heritage protected properties at 508-510 Church St. Approximately 4390 square…
    Application details
  • 8 BREADALBANE ST · 200 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
  • 506 CHURCH ST · 450 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2024
    Combined Official Plan Amendment and Zoning By-law Amendement to construct a 48 storey mixed use building and restoration to the heritage protected properties…
    Application details

32 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 1.3 km
  • 🚧 Osgoode 1.3 km
  • 🚧 Moss Park 1.5 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

  • Fire Alarm · 2021 · Inspection
    Fire Alarm Control Panel Replacement with Elevator Modernization

24 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

73 City street trees within 100 m, mostly honeys. That’s more than 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 NEW WORLD REALTY INC..

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

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