770 Bay St #508 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $399,900. It has 500-599 sq ft of living space.
1This South Facing, Spacious One Bedroom Unit featuring soaring 9-ft ceilings, engineered hardwood flooring, floor-to-ceiling windows, and a bright, open-concept kitchen and living area.
Welcome to Lumiere Condominiums at 770 Bay Street, An Unbeatable location just steps to College Subway Station and TTC, Walking Distance to the PATH network, University of Toronto, Toronto Metropolitan University, Queen's Park, Yorkville, the Financial District, Eaton Centre, and the premier shopping along Bloor Street. This South Facing, Spacious One Bedroom Unit featuring soaring 9-ft ceilings, engineered hardwood flooring, floor-to-ceiling windows, and a bright, open-concept kitchen and living area. Residents also enjoy an impressive array of resort-inspired amenities, including 24-hour concierge, visitor parking, fitness center, indoor swimming pool, sauna, yoga studio, theatre, party room, guest suites, and a spectacular rooftop terrace with BBQs.An outstanding opportunity for end users seeking vibrant downtown living or investors looking for a centrally located property with excellent tenant appeal.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $800 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 770 Bay St #508
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
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
770 Bay St #508 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14114240$399,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 770 Bay St #508 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$1,965
/mo
based on the purchase price of $399,900
$79,980 cash
$319,920 financed
$269,457 total interest
Principal54%$319,920
Interest46%$269,457
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $400K.
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 listings12,418Homes 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.
More in this building
3 for sale · 6 for rent at 770 Bay St — plus its sale and lease history.
770 Bay St #508 is listed at $399,900 (MLS® C14114240). Summitly updates the price as soon as the MLS® record changes.
Is $399,900 a good price for 770 Bay St #508?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 770 Bay St #508 changed?
No — 770 Bay St #508 is still listed at its original asking price of $399,900.
How many bedrooms and bathrooms does 770 Bay St #508 have?
770 Bay St #508 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 770 Bay St #508 close to transit?
The nearest rapid-transit station is College Station (Line 1), about 250 m (about a 3-minute walk) in a straight line. Queen's Park Station is about 350 m (about a 4-minute walk), and TMU Station is about 560 m (about a 7-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 770 Bay St #508?
About $1,965 a month — principal and interest on $399,900 with 20% down ($79,980), 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 770 Bay St #508 compare with other homes in Toronto?
Its asking price of $399,900 is about 53% 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 770 Bay St #508 been sold before?
Summitly has no earlier MLS® sale or lease of 770 Bay St #508 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 770 Bay St #508?
770 Bay St #508 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 770 Bay St #508 been on the market?
2 days — 770 Bay St #508 was listed on October 23, 2026.
What is the price per square foot of 770 Bay St #508?
About $668 to $800 per square foot: the asking price of $399,900 over the 500–599 sq ft the listing gives as its size range.
