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For Lease

1080 Bay Street 402 #402

Bay Street Corridor, Toronto, ON
$3,900
2Bd
2Ba
850+sqft
1Parking
$5/sqft
CondoMLS# C12794184Listed 2026-02-1760 DOM
Cooling
Central Air

On the market for 60 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to U Condos at 1080 Bay Street, a prestigious downtown address offering refined urban living in the heart of Toronto. This spacious, carpet-free, 2-bedroom, 2-bathroom suite features a highly sought-after NE exposure and a generous balcony, providing excellent natural light and an inviting outdoor space ideal for morning coffee, relaxing evenings, or entertaining. The thoughtfully designed split-bedroom layout offers enhanced privacy, making it suitable for professionals, couples, small families, students, or roommates. The open-concept living and dining area is functional and welcoming, seamlessly connecting to a modern kitchen with sleek cabinetry, quality finishes, and integrated appliances-perfect for everyday living or hosting. Both bedrooms are well-proportioned. The primary bedroom includes a private ensuite bathroom, while the second bedroom is ideal as a guest room, home office, or child's room, with convenient access to the second full bathroom. In-suite laundry adds everyday convenience. One parking space is included, a rare and valuable feature in downtown Toronto. Residents enjoy premium building amenities, including a fully equipped fitness centre, yoga studio, party and lounge spaces, and concierge services. Unbeatable location steps to U of T, major hospitals, Queen's Park, TTC, Yorkville shopping and dining, with easy access to the Financial District. An exceptional opportunity to enjoy space, light, and convenience in a prime downtown location. Whether you're seeking a comfortable long-term residence or a refined downtown lifestyle close to work, school, and amenities, this exceptional suite at delivers space, light, location, and convenience all in one. ** ALL PHOTOS ARE FROM A PREVIOUS LISTING. **

Features

  • Carpet Free
  • None
  • Central Air
  • Apartment

Financials

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield800.0% – 1076.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market60 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 99.5% below estimate
Estimated range
$786K$914K
Mid-point $850K · ~$1000/sqft
How this listing compares
$786KList · $4K$914K
High confidence·Based on 167 bay street corridor comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$3,900
1080 Bay Street 402, Toronto
ShowingCall