Sold for:Sold Sep 3, 2026
$588,000

Unit 505, 1080 Bay Street

Toronto (Bay Street Corridor), ON M5S 0A5

Condo Apartment SoldNot available
U Condominium exteriorU Condominium55 storeys, 1002 suites, built 2016

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 505, 1080 Bay Street, Toronto, Bay Street Corridor

2026-06-29
2026-09-03
Sold
Price
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MLS#
c13505266
2026-06-29
2026-09-03
Terminated
Price
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2025-04-25
2025-07-10
Rented
Price
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2024-12-18
2025-06-30
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 505, 1080 Bay Street, Toronto, Bay Street Corridor

Summarized Description

  • Exquisite 1 Bedroom Plus Den suite available.
  • Large walk-out balcony with unobstructed views.
  • Floor to ceiling windows for natural lighting.
  • Completely upgraded and move-in ready unit.
  • Steps away from University of Toronto and Bloor St.
  • Prestigious building with full-service amenities.

Exquisite 1 Bedroom Plus Den Suite At Prestigious U Condominiums. Clear Urban City View from Large 132 Sq Ft Walk-Out Balcony Overlooking U of T Campus. Gorgeous Luxury West Facing 1 Bedroom + Large Den That Could Be Used As A 2nd Bedroom. The Unit Has A Large Balcony With Unobstructed Views! Floor To Ceiling Windows W/ Great Natural Lighting. 9 Ft Ceilings, Completely Upgraded Suite! Absolutely Ready For You To Move In. Steps To University Of Toronto, Yorkville, Bloor St, Subway Station, Restaurants, Upscale Shopping & Much More! **EXTRAS** Full Service Building Offers 24Hr Concierge, Gym, Outdoor Patio, Rooftop Deck, Meeting/Party Room, Bike Storage & Visitor Parking.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,132
Land Transfer Tax Fee
$16,470

Condo/Maintenance Fee

Maintenance Fee
$560 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • CAC Included
  • Common Elements Included
  • Building Insurance Included
  • Parking Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Other
Security Features
Security System
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building Amenities

  • Bike Storage
  • Concierge
  • Gym
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
2525

Construction

Exposure
West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
ALL Existing Appliances : Fridge, Stove & Hood, B/I Microwave, B/I Dishwasher, Washer & Dryer, All Light Fixtures, All Window Coverings, 1 Parking Included

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1 + 1
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Wood, W/O To Balcony
  • Primary Bedroom—
    Flat level, Wood, Window Floor to Ceiling, Large Closet
  • Kitchen—
    Flat level, Wood, Centre Island
  • Den—
    Flat level, Wood, Separate Room, Sliding Doors
  • Dining Room—
    Flat level, Wood, Combined w/Living, Open Concept

Washrooms

  • 4-piece

Municipality
Toronto
Neighbourhood
Bay Street Corridor
Main cross streets
Bay & Bloor
Directions
Bay & Bloor

MLS® number
C13505266
Data source
Toronto Regional Real Estate Board
Status change
2026-09-03
Listed on
2026-06-29
Days on market
66 days
Possession date
2026-08-31
Possession type
Flexible
Co-op commission
2.5% + Hst
Seller
Listed by
FOREST HILL REAL ESTATE INC.

Home Market Value

Current home valuation for Unit 505, 1080 Bay Street, Toronto, Bay Street Corridor, Toronto, ON. Listed for $588,000

HOMEH Estimate

?

$662,500

Estimated Sales Range

?

$523,375 - $801,625

HOMEH Estimate for Unit 505, 1080 Bay Street, Toronto, Bay Street Corridor

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$662,500Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $88,000 over $500K

Minimum down payment

$33,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,156$16,405$13,994$0
=Total mortgage
$576,052$545,605$513,794$470,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,813monthly$2,664monthly$2,509monthly$2,297monthly
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Land Transfer Tax

Provincial

$8,235

Municipal (Toronto)

$8,235

Total Land Transfer Tax

$16,470

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10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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