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MLS® C14028002For SaleCondominium

1715-711 Bay St

Bay Street Corridor, Toronto, Ontario M5G 2J8

Map

Asking$760,000

Bedrooms: 2
Bathrooms: 2
Size: 1,000–1,199sq ft
Per sq ft: $691at the range’s middle
Tax a year: $3,5792025 tax year
Parking: 11 underground
Days on market: Members

The brief

About 1715-711 Bay St

1715-711 Bay St is a 2-bedroom, 2-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $760,000 (MLS® C14028002).

Experience the ultimate downtown lifestyle in Suite 1715 at 711 Bay Street. This prime, corner2-bedroom + den suite features a bright, functional split-layout that is perfect for professionals, families, or savvy investors seeking strong ROI near the Financial District, U of T, and TMU. Versatile Living: Generous den ideal for a home office or a potential 3rd bedroom setup. Value-Add Building Updates: Common floor hallways are scheduled for upcoming modern updates, adding immediate future value! Prime Amenities: Enjoy 24/7 concierge, an indoor pool, a gym, a rooftop terrace, and guest suites. Unbeatable Location: Steps to the Line 1 Subway, major hospitals, the Eaton Centre, and Toronto General Hospital. Includes 1 parking space and 1 storage locker. Note: Currently tenanted until August 14, 2027.

Insights

Condition Score
Fair
66/100
4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall
21/100
−$1,928/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 106 condos with 2 bedrooms 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.

$760,000

Estimated market value

Inquire about this listing

ToYossi Kaplan, MBA, SalespersonRIGHT AT HOME REALTY

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA, Brokerage. Yossi is not the listing agent.

The home

Key facts

Tax: $3,579 / 2025
MLS® number: C14028002
Board: TRREB MLS®
Property Type: Condo Apt
Days on market
Size: 1000-1199 sqft
Listed on
Parking: 1 Underground, 1 Parking

Listing brokerage: SOTHEBY'S INTERNATIONAL REALTY CANADAData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type: Condo Apt
Style: Apartment
Community: Bay Street Corridor
Municipality: Toronto

Building

Size: 1000-1199 sqft
Construction: Brick

Inside

Bedrooms: 2
Bathrooms: 2
Bathroom Details: 1 × 3pc, 1 × 3pc
Basement Type: None
Kitchens: 1

Parking

Garage Type: Underground
Garage: 1
Additional Parking: 0
Total Parking: 1

Utilities

Cooling: Central Air
Heating Type: Forced Air

Additional

Fireplace: No
Den: No
Family room: No
Condo maint.: $1,162

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 1715-711 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	$760,000	N/A	For Sale	C14028002

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

Asking price Fixed

Interest rate

Mortgage term

Amortization

Down payment20% · $152,000

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: $152,000
Total mortgage amount: $608,000
Total interest payment: $432,400
Total purchase cost: $1,192,400
Mortgage payment: $3,468/mo

Cash Flow Analysis

If you rented this home out at 20% down

Mortgage paymentProperty tax (monthly)Rental incomeMaintenance cost

Break-even down payment

64%

Monthly carrying cost

$4,928

−$1,928per month

Rent $3,000
Shortfall $1,928

Rental income opens at $3,000, the median asking rent of 106 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: $11,675
Toronto municipal land transfer tax: $11,675
Total land transfer tax: $23,350
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475): −$8,475
Total for first-time buyers: $14,875

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 $760,000: $7,200
Ontario total: $11,675

Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,675.

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

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

16 records · 9 on fileRead 2026-11-04

On record Checked, none on record

Water and conservation3

Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
No mapped wetland within 120 m120 m
No water-supply well recorded within 250 m56 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
112 building permits issued within 250 m in the last 2 years250 m
23 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
Nearest airport: 2.8 km2.8 km
Mapped parcel: about 45,950 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels

Around the home1

A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

No licensed pit or quarry within 2 km2 km
No recorded oil, gas or salt well within 250 m250 m
2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 150 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

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 7.8 (c2.0; r7.8) SS1 (x2321)

By-law

569-2013

Municipality

Toronto

Commercial Residential zone (CR)

1 7.8
Density: total floor area is capped at 7.8 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r7.8
Residential floor area is capped at 7.8 times the lot area.
4 x2321
Site-specific exception 2321: 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(2321)
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

1 building permit cleared at this address in the City’s file.

Balcony/Guard RepairsPermit Issued
To replace the terrace roof, patio door replacement, guard rails on the 6th and 15th floors of the existing condo building.
Issued October 23, 2014

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

700 BAY STSite planApplication Received
Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.

60 m away
99 GERRARD ST WSite planApplication Received
Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.

120 m away
33 GERRARD ST WPlan of subdivisionUnder Review
Draft Plan of Subdivision for 1 block.

150 m away
33 GERRARD ST WSite planUnder Review
INACTIVE Proposal to construct 3 towers (85-storeys, 51-storeys, and 32-storeys) and one 5-storey building comprised of residential, commercial, and community uses including a POPS. A total of 1709 dwelling units and 39,099 m² of non-residential floor area are proposed along with 473 below grade parking spaces. As part of the application, Walton Street would be re-connected as a privately owned publicly accessible right-of-way.

150 m away
22 ELM STPlan of subdivisionUnder Review
Draft Plan of Subdivision for 1 block.

180 m away
22 ELM STSite planUnder Review
INACTIVE Proposal to construct 3 towers (85-storeys, 51-storeys, and 32-storeys) and one 5-storey building comprised of residential, commercial, and community uses including a POPS. A total of 1709 dwelling units and 39,099 m² of non-residential floor area are proposed along with 473 below grade parking spaces. As part of the application, Walton Street would be re-connected as a privately owned publicly accessible right-of-way.

180 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: $658K
New in 7 days: 22
Price cuts: 20%

This home is asking 16% above the median.

See all homes in Bay Street Corridor

Asking 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

City

Community

Property type

The street

Map and tour

Open in maps

Transit nearby

Station	Lines	Distance
College Station	TTC subway: Line 1 Yonge-University	250 m
TMU Station	TTC subway: Line 1 Yonge-University	400 m
Queen's Park Station	TTC subway: Line 1 Yonge-University	500 m
St Patrick Station	TTC subway: Line 1 Yonge-University	550 m
Union Station	TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train	1.5 km

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
Orde Street Public SchoolToronto DSB	Public · grades JK–8	600 m	82%Grade 6 average
St Michael's Choir (Jr) SchoolToronto CDSB	Catholic · grades 1–8 · French Immersion	700 m	99%Grade 6 average
Church Street Junior Public SchoolToronto DSB	Public · grades JK–6	700 m	72%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire Viamonde	French-language public · grades JK–6	1.1 km	96%Grade 6 average

Secondary	Type	Distance	Grade 9 math 2024–25
St Michael's Choir (Sr) SchoolToronto CDSB	Catholic · grades 9–12	700 m	96%Grade 9 math
St Joseph's College SchoolToronto CDSB	Catholic · grades 9–12	700 m	66%Grade 9 math
Native Learning CentreToronto DSB	Public · grades 9–12	700 m	—
Collège français secondaireConseil scolaire Viamonde	French-language public · grades 9–12	750 m	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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