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Unit 413 at Lumiere Condos

Sold

770 Bay Street 413, Toronto C01, ON M5G 0A6

MLS #C11988626

$775,000

Sold on July 1, 2025

July 1, 2025

Originally listed at $749,800 36 days on market

About This Property

Incredibly Functional Layout! This Bright And Spacious 2 Bedroom + Den & 2 Bath Unit At Bay And College Is A Must See! The Suite Is Nearly 900 sqft, Features 9-Foot Ceilings, Oversized Windows, Hardwood Floors, A Modern Kitchen With Granite Countertops, And A Large Balcony Accessible From The Spacious Living/Dining Area. The Primary Bedroom Features An Updated 4 Piece Ensuite Washroom & Double Closet, While The Second Bedroom Boasts Large Windows And A Spacious Closet. Work From Home With Your Den/Office With Glass Sliding Doors. The Building Is Conveniently Located In The Financial District, Near Subway, Eaton Centre, Hospitals, Restaurants, Supermarkets, University Of Toronto, And Toronto Metropolitan University. Residents Can Also Enjoy Facilities Such As 24 Hr Concierge, Indoor Pool, Gym, Sauna, Billiards Room, Visitor Parking, Guest Suites, And More.

Investment Analysis

$3,587
Est. Monthly Rent
Based on $4/sqft
5.74%
Gross Yield
Before expenses
4.02%
Net Yield
After expenses
17.4
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($720/mo) and property tax ($4,272/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$882/sqft
Lumiere Condos
$1,032/sqft-14.5%
Bay Street Corridor
$955/sqft-7.6%
Toronto C01
$883/sqft
Building PSF Range
$869$1,315

Below Market Value

This unit is priced 14.5% below the building average of $1,032/sqft. With a 4.02% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 20 sales and 166 leases in this building. Unit size estimated at 850 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

800-899 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2149
MLS Size800-899
Listed OnFeb 25, 2025
Maintenance Fees$720/month
Property Tax$4,272/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)6.91 x 4.0122.7 x 13.2-
Living Room(Main)6.91 x 4.0122.7 x 13.2-
Dining Room(Main)6.91 x 4.0122.7 x 13.2-
Dining Room(Main)6.91 x 4.0122.7 x 13.2-
Primary Bedroom(Main)3.14 x 2.7410.3 x 9.0-
Primary Bedroom(Main)3.14 x 2.7410.3 x 9.0-
Bedroom 2(Main)3.1 x 2.7410.2 x 9.0-
Bedroom 2(Main)3.1 x 2.7410.2 x 9.0-
Kitchen(Main)6.91 x 4.0122.7 x 13.2-
Kitchen(Main)6.91 x 4.0122.7 x 13.2-
Den(Main)2.44 x 2.198.0 x 7.2-
Den(Main)2.44 x 2.198.0 x 7.2-

Room Dimensions Available

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Unit 413 History

Complete transaction history for this unit

Terminated

Listed: Jan 12, 2025

$859,900

43 days on marketSale
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5 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$749,800

Listed on Feb 25, 2025

Sold Price

$775,000

Sold on Jul 1, 2025

+$25,200

3.4%

36 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameLumiere Condos
Address770 Bay, Toronto C01
Parking TypeUnderground

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About Unit 413 at Lumiere Condos

Unit 413 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 800-899 square feet located at Lumiere Condos, 770 Bay, Toronto C01. This unit is currently sold (sold for $775K).

About Lumiere Condos

Lumiere Condos is located at 770 Bay, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Bay Street Corridor Neighbourhood

This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Lumiere Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 413 Lumiere Condos Toronto C01

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