33 Bay Street 1502, Toronto C01

$499,000
33 Bay Street 1502

$499,000

New
28d
Condo ApartmentApartment

33 Bay Street 1502, Toronto C01

Total Monthly Obligation $2,850

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
28d
Score
20
Yield
5.9%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-C13829660
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,585.83 (2025)
Maintenance-$421.21/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PLUS CITY TEAM INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Elevated downtown living awaits in this thoughtfully designed 1-bedroom suite at 33 Bay Residences, offering approximately 529 sq. ft. of interior living space plus a generous 109 sq. ft. balcony. The bright, open-concept layout features 9-foot ceilings and floor-to-ceiling windows that fill the living and dining areas with natural light while showcasing the vibrant city backdrop. The contemporary kitchen is complete with stainless steel appliances, granite countertops, ample cabinetry, and ensuite laundry, seamlessly connecting to the principal living space for comfortable everyday living and entertaining. The spacious bedroom offers a large closet and convenient access to the 4-piece bathroom, while the private balcony extends the living space outdoors. Residents enjoy an exceptional collection of amenities, including two fitness centres, a 70-foot indoor pool, sauna, tennis, squash and basketball courts, BBQ area, guest suites, and 24-hour concierge service. Ideally situated within walking distance of Union Station, GO Transit, the Harbourfront, Scotiabank Arena, Rogers Centre, the Financial District, theatres, grocery stores, restaurants, shopping, and more. An excellent opportunity to enjoy a connected downtown lifestyle with everything at your doorstep.

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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,850/mo
Mortgage $2,013
Monthly Loss $2,320
Principal$530
Interest$1,483
Property Tax$215
Condo Fees$421
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,400/yr
NOI
$16,420/yr
Net Cash Flow
-$645/mo
Cash Margin
-26.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
28.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 33 Bay Street 1502

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.