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Unit 404 at Opera Place Condos

For Sale

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

MLS #C9256350

$1,050,000

Listed Price

About This Property

Ideal location on Bay & Wellesley featuring an expansive and bright oversized 2-bedroom, 2 bathroom suite in the luxurious Opera Place. Features a fully equipped kitchen leading to an open-concept living and dining area, ideal for entertaining. This unit offers hardwood floors, stainless steel appliances, and ample storage space. Desirable split bedroom floor plan, 2x4 pc bathrooms. Open private balcony, ensuite laundry & a premium 2 parking spot (tandem). Situated in the prime Bay Street corridor, in the heart of downtown, steps from the subway, University of Toronto, Ryerson, Eaton Centre, Bloor, and Yorkville.

Investment Analysis

$3,534
Est. Monthly Rent
Based on $4/sqft
4.04%
Gross Yield
Before expenses
2.28%
Net Yield
After expenses
24.8
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1180/mo) and property tax ($4,356/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,105/sqft
Opera Place Condos
$921/sqft+20%
Bay Street Corridor
$955/sqft+15.8%
Toronto C01
$883/sqft
Building PSF Range
$892$955

Premium Pricing

This unit is priced 20% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 3 sales and 37 leases in this building. Unit size estimated at 950 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 OnAug 14, 2024
Maintenance Fees$1,180/month
Property Tax$4,356/year

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-
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-
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-

Unit 404 History

Complete transaction history for this unit

Sold

Sold: Dec 11, 2025

$855,000

+$5,100 (0.6%)

Listed: $849,90012 days on marketSale
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OQ

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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 for sale at $1050K.

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.

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