1080 Bay St #502 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $950,000. It has 800-899 sq ft of living space.
1Prestigious U Condos Residences!
2Located In The Core Of Downtown.Bright, *Spacious & Sunfilled 896 Sq.Ft+277 Sq.Ft Bal, S/E Corner Unit W/Parking & Locker.Luxurious Lifestyle In Toronto's Most Exclusive Bay Street And Yorkville District.
3Unobstructed Parkette View.9 Ft Ceiling.Floor To Ceiling Windows.Double Walk-Out Balconies.Right Next To U Of T Campus And Queen's Park.
Prestigious U Condos Residences! Located In The Core Of Downtown.Bright, *Spacious & Sunfilled 896 Sq.Ft+277 Sq.Ft Bal, S/E Corner Unit W/Parking & Locker.Luxurious Lifestyle In Toronto's Most Exclusive Bay Street And Yorkville District. Unobstructed Parkette View.9 Ft Ceiling.Floor To Ceiling Windows.Double Walk-Out Balconies.Right Next To U Of T Campus And Queen's Park. Steps To TTC, Bloor/Yorkville Shops And Restaurants.Unique Opportunity to Purchase an Outstanding Corner Unit since Price is Substantially Reduced to Sell Fast!
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $1,188 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 #502
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1080 Bay St #502 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,667
/mo
based on the purchase price of $950,000
$190,000 cash
$760,000 financed
$640,119 total interest
Principal54%$760,000
Interest46%$640,119
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $950K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings12,224Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 11 for rent at 1080 Bay St — plus its sale and lease history.
1080 Bay St #502 is listed at $950,000 (MLS® C13778074). Summitly updates the price as soon as the MLS® record changes.
Is $950,000 a good price for 1080 Bay St #502?
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 #502 changed?
Yes — it was first listed at $899,000 and is now $950,000, an increase of $51,000 (5.7%).
How many bedrooms and bathrooms does 1080 Bay St #502 have?
1080 Bay St #502 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.
Is 1080 Bay St #502 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 #502?
About $4,667 a month — principal and interest on $950,000 with 20% down ($190,000), 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 #502 compare with other homes in Toronto?
Its asking price of $950,000 is about 13% above the median sold price in Toronto over the last 90 days, $840,000, across 9,290 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 #502 been sold before?
Summitly has no earlier MLS® sale or lease of 1080 Bay St #502 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1080 Bay St #502?
1080 Bay St #502 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1080 Bay St #502 been on the market?
57 days — 1080 Bay St #502 was listed on September 13, 2026.
What is the price per square foot of 1080 Bay St #502?
About $1,057 to $1,188 per square foot: the asking price of $950,000 over the 800–899 sq ft the listing gives as its size range.
Does 1080 Bay St #502 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
