1080 Bay St #709, Toronto

Name: 1080 Bay Street, Unit 709
SKU: C13691746
Price: 699000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 709 at 1080 Bay Street

Welcome to U Condo, an exceptional residence located right next to the University of Toronto, ideal for students or anyone seeking vibrant downtown living! This beautifully designed 1-bedroom plus den unit (easily convertible into a second bedroom) offers 592 sqft of thoughtfully laid-out space with soaring 9' ceilings and floor-to-ceiling windows, flooding the home with natural light. Enjoy modern open-concept living with sleek hardwood floors, a European-style kitchen featuring integrated energy-efficient appliances, and elegant quartz countertops. Residents have access to 4,500 sqft of premium amenities, including a fully equipped rooftop gym, party room, library, sauna, and rooftop deck with stunning city views, plus 24-hour concierge service. Just steps from U of T, Bloor/Yorkville, the ROM, high-end shops, fine dining, and more, this is downtown living at its finest!

1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $1,398 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 1080 Bay St #709

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 500-599 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

1080 Bay St #709 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 19, 2026For saleListedThis listingMLS® C13691746$699,000
LeasedPreviously listedMLS® C12244737View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1080 Bay St #709 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $845,000
Average sold price: $1,081,240
Average days on market: 31
Homes sold: 9,621

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,438Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.

Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 709 — 1080 Bay Street 1 bd · 1 ba · 500 sqft	$699,000asking	$1,398	—	—
32 Trolley Crescent 2 bd · 2 ba · 700 sqft
7 Lorraine Drive 2 bd · 2 ba · 800 sqft
27 Rean Drive 1 bd · 1 ba · 500 sqft
60 Bathurst Street 1 bd · 1 ba · 700 sqft
88 Sheppard Avenue 1 bd · 1 ba · 500 sqft
21 Overlea Boulevard 2 bd · 2 ba · 900 sqft

32 Trolley Crescent
2 bd · 2 ba · 700 sqft
7 Lorraine Drive
2 bd · 2 ba · 800 sqft
27 Rean Drive
1 bd · 1 ba · 500 sqft
60 Bathurst Street
1 bd · 1 ba · 700 sqft
88 Sheppard Avenue
1 bd · 1 ba · 500 sqft
21 Overlea Boulevard
2 bd · 2 ba · 900 sqft

More in this building

3 for sale · 7 for rent at 1080 Bay St — plus its sale and lease history.

See all of 1080 Bay St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Museum StationLine 1380 m5 min walk
Bay StationLine 2400 m5 min walk
Wellesley StationLine 1420 m5 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Museum Station (Line 1)5 min walk
Bay Station (Line 2)5 min walk
Wellesley Station (Line 1)5 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Museum Station
380 m5 minClosest· Line 1
Homes near Museum Station
Bay Station
400 m5 min· Line 2
Homes near Bay Station
Wellesley Station
420 m5 min· Line 1
Homes near Wellesley Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 1080 Bay St #709. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1080 Bay St #709

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,434; 20% down · 25 years · 5.5% assumed
Property tax: $384; 0.66% mill rate · ON
Total per month: $3,818; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,434

/mo

based on the purchase price of $699,000

Down payment20%

$139,800 cash

Amortization25 yr

$559,200 financed

Rate5.50%

$470,993 total interest

Principal54%$559,200

Interest46%$470,993

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 1080 Bay St #709

How much is 1080 Bay St #709 listed for?

1080 Bay St #709 is listed at $699,000 (MLS® C13691746). Summitly updates the price as soon as the MLS® record changes.

Is $699,000 a good price for 1080 Bay St #709?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 1080 Bay St #709 changed?

No — 1080 Bay St #709 is still listed at its original asking price of $699,000.

How many bedrooms and bathrooms does 1080 Bay St #709 have?

1080 Bay St #709 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.

Is 1080 Bay St #709 close to transit?

The nearest rapid-transit station is Museum Station (Line 1), about 380 m (about a 5-minute walk) in a straight line. Bay Station is about 400 m (about a 5-minute walk), and Wellesley Station is about 420 m (about a 5-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 1080 Bay St #709?

About $3,434 a month — principal and interest on $699,000 with 20% down ($139,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 1080 Bay St #709 compare with other homes in Toronto?

Its asking price of $699,000 is about 17% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 1080 Bay St #709 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 1080 Bay St #709 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 1080 Bay St #709?

1080 Bay St #709 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 1080 Bay St #709 been on the market?

67 days — 1080 Bay St #709 was listed on August 19, 2026.

What is the price per square foot of 1080 Bay St #709?

About $1,167 to $1,398 per square foot: the asking price of $699,000 over the 500–599 sq ft the listing gives as its size range.

Does 1080 Bay St #709 have a basement, and is it finished?

The listing says 1080 Bay St #709 has no basement.

What you should know