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Unit 404 at Opera Place Condos

Sold

889 Bay Street 404, Toronto C01, ON M5S 3K5

MLS #C12496346

$855,000

Sold on December 11, 2025

December 11, 2025

Originally listed at $849,900 12 days on market

About This Property

Stunning Fully Renovated Corner Suite at 889 Bay St - Prime Downtown Toronto Location! Experience luxury living in this spacious 2-bedroom, 2-bathroom suite featuring 2 parking spots (tandem) and a locker. Enjoy unobstructed North-East corner views overlooking the park from this bright and airy home. Completely renovated from top to bottom, it showcases a custom kitchen with quartz countertops, backsplash, eat-in island, under-cabinet lighting, and brand-new stainless steel appliances. The bathrooms were professionally designed with a modern touch, featuring custom vanities and elegant finishes. Beautiful engineered hardwood flooring throughout and a built-in closet in the primary bedroom complete this exquisite suite. Steps to hospitals, U of T, subway, shopping, and the financial district - luxury, space, and convenience at one of Toronto's most prestigious addresses!

Investment Analysis

$3,567
Est. Monthly Rent
Based on $4/sqft
5.04%
Gross Yield
Before expenses
2.77%
Net Yield
After expenses
19.9
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1170/mo) and property tax ($5,231/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$886/sqft
Opera Place Condos
$921/sqft-3.8%
Bay Street Corridor
$955/sqft-7.2%
Toronto C01
$883/sqft
Building PSF Range
$892$955

Fair Market Price

This unit is priced in line with the building average of $921/sqft. Expected net yield of 2.77% after maintenance and taxes.

Analysis based on 3 sales and 37 leases in this building. Unit size estimated at 959 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1245
MLS Size900-999
Listed OnOct 30, 2025
Maintenance Fees$1,170/month
Property Tax$5,231/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.81 x 3.212.5 x 10.5-
Living Room(Main)3.81 x 3.212.5 x 10.5-
Living Room(Main)3.81 x 3.212.5 x 10.5-
Dining Room(Main)4.19 x 2.9513.7 x 9.7-
Dining Room(Main)4.19 x 2.9513.7 x 9.7-
Dining Room(Main)4.19 x 2.9513.7 x 9.7-
Kitchen(Main)2.4 x 27.9 x 6.6-
Kitchen(Main)2.4 x 27.9 x 6.6-
Kitchen(Main)2.4 x 27.9 x 6.6-
Primary Bedroom(Main)3.66 x 2.7412.0 x 9.0-
Primary Bedroom(Main)3.66 x 2.7412.0 x 9.0-
Primary Bedroom(Main)3.66 x 2.7412.0 x 9.0-
Bedroom 2(Main)4.27 x 3.0514.0 x 10.0-
Bedroom 2(Main)4.27 x 3.0514.0 x 10.0-
Bedroom 2(Main)4.27 x 3.0514.0 x 10.0-

Room Dimensions Available

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Unit 404 History

Complete transaction history for this unit

Terminated

Listed: Aug 14, 2024

$1,050,000

76 days on marketSale
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Price History

Original List Price

$849,900

Listed on Oct 30, 2025

Sold Price

$855,000

Sold on Dec 11, 2025

+$5,100

0.6%

12 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 NameOpera Place Condos
Address889 Bay, Toronto C01
Parking TypeUndergroundTandem

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About Unit 404 at Opera Place Condos

Unit 404 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 900-999 square feet located at Opera Place Condos, 889 Bay, Toronto C01. This unit is currently sold (sold for $855K).

About Opera Place Condos

Opera Place Condos is located at 889 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 Opera Place 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 404 Opera Place Condos Toronto C01

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