- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $1,116at the range’s middle
- Tax a year
- $2,4852025 tax year
- Built
- 11-15
- Parking
- 0none
- Days on market
- Members
The brief
About 1905-325 Bay St
1905-325 Bay St is a 1-bedroom, 1-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $725,000 (MLS® C14095416).
Own a luxury hotel suite at The St. Regis Toronto. Suite 1905 is an authentic, hotel suite placed directly in the St. Regis Rental Program and operated entirely by the hotel. It offers true turn-key passive income where Marriott manages the bookings, guest check-ins, housekeeping, and front-desk services, leaving you with zero tenant screening, zero maintenance calls, and zero landlord responsibilities. Based on full 2025 financials, this asset delivers an attractive 5.28% capitalization rate for an HST-registered buyer. It represents a rare opportunity to own a reliable, cash-flowing commercial asset inside one of Canada's premier five-star luxury addresses on Bay Street, with complete financial statements available to qualified purchasers. Unlike traditional residential real estate, this investment allows you to enjoy the property personally. In 2025, the suite experienced an approximate 21.5% vacancy rate (roughly 78 nights across the year), giving you the flexibility to book and stay in your suite under the program's owner-stay terms. You can use it as your private downtown Toronto pied-a-terre for business trips, weekend getaways, or special evenings in the city. Ownership also comes with lifetime Marriott Bonvoy Platinum Elite status for you and your spouse, providing complimentary room upgrades, executive lounge privileges, and preferred owner rates across Marriott properties and Homes and Villas worldwide. The 654-square-foot suite features floor-to-ceiling windows, a plush king bed, an integrated living and workspace, a wet bar with refrigeration, a locked private owner's closet, and a five-piece bath with a deep soaker tub and separate glass rain shower. Routine upkeep is funded through a dedicated furniture, fixtures, and equipment reserve, ensuring the suite remains in brand-standard condition without surprise out-of-pocket costs.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$6,572/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 68 condos with 1 bedroom for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,485 / 2025
- MLS® number
- C14095416
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 11-15
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bay Street Corridor
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 11-15
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 5pc Flat
- Basement Type
- None
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Sold fully furnished and equipped as part of The St. Regis Toronto Rental Program, including all hotel furniture, fixtures and equipment in the suite. Furniture and Fixtures reserve account is transferred with the unit (balance $29,362.74 as of August 31, 2026).
- Condo maint.
- $5,557
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.35 × 3.56 m | combined w/primary, Window Flr to Ceil, North View | Flat |
| Primary | 2.62 × 3.15 m | Combined W/Living, 5 Pc Bath, Closet | Flat |
| Foyer | 0.0 × 0.0 m | Closet, Wet Bar | Flat |
Listing history
Buy/sell history for 1905-325 Bay St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $725,000 | N/A | For Sale | C14095416 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $145,000
- Total mortgage amount
- $580,000
- Total interest payment
- $412,400
- Total purchase cost
- $1,137,400
- Mortgage payment
- $3,308/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$9,072- Rent $2,500
- Shortfall $6,572
Rental income opens at $2,500, the median asking rent of 68 comparable homes for lease in Bay Street Corridor. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $10,975
- Toronto municipal land transfer tax
- $10,975
- Total land transfer tax
- $21,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $13,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $725,000
- $6,500
- Ontario total
- $10,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $10,975.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 12.0 (c8.0; r11.7) SS1 (x2336)By-law
569-2013Municipality
Toronto1 12.0
Density: total floor area is capped at 12.0 times the lot area.
2 c8.0
Commercial floor area is capped at 8.0 times the lot area.
3 r11.7
Residential floor area is capped at 11.7 times the lot area.
4 x2336
Site-specific exception 2336: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2336)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
25 KING ST WSite planUnder Review
Site Plan Approval for a 64-storey non-residential building having a gross floor area of 163,201.0 square metres.
150 m away199 BAY STSite planUnder Review
Site Plan Approval for a 64-storey non-residential building having a gross floor area of 163,201.0 square metres.
180 m away21 MELINDA STSite planUnder Review
Site Plan Approval for a 64-storey non-residential building having a gross floor area of 163,201.0 square metres.
220 m away3 KING ST ESite planUnder Review
Site Plan Control application to permit converting the existing office uses in the 15-storey designated heritage building to residential uses on levels 2 to 15, infilling the southeast corner of the building and adding 6 storeys on top of the existing building. This would result in approximately 11,567 square metres of residential uses consisting of 127 dwelling units, and 1,362 square metres of retail and restaurant uses on the ground floor and basement level.
230 m away69 YONGE STSite planUnder Review
Site Plan Control application to permit converting the existing office uses in the 15-storey designated heritage building to residential uses on levels 2 to 15, infilling the southeast corner of the building and adding 6 storeys on top of the existing building. This would result in approximately 11,567 square metres of residential uses consisting of 127 dwelling units, and 1,362 square metres of retail and restaurant uses on the ground floor and basement level.
240 m away69 YONGE STSite planApplication Received
240 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Bay Street Corridor right now
- For sale now
- 177
- Median asking price
- $650K
- New in 7 days
- 21
- Price cuts
- 20%
Middle half: $520K to $890K
70 in 28 days
36 listings
This home is asking 12% above the median.
See all homes in Bay Street CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 200 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 350 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 450 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 450 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 550 m |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 650 m | 99%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 850 m | 65%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1 km | 96%Grade 6 average |
| Ogden Junior Public SchoolToronto DSB | Public · grades JK–6 | 1.2 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 650 m | 96%Grade 9 math |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.3 km | 8%Grade 9 math |
| Subway Academy IIToronto DSB | Public · grades 9–12 | 1.4 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.4 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Bay Street Corridor are shown to signed-in members.