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43.73° N · 79.40° W — Toronto & nearby · 9,721 homes for sale today43.73° N · 79.40° W — 9,721 homes today(647) 554-7436Saved

43.6549° N · 79.3847° W — Bay Street Corridor, Toronto — MLS® #C14129044

627-111 Elizabeth St

$499,000

Bay Street Corridor, Toronto, Ontario M5G 1P7

1
BedroomsBeds
1
BathroomsBaths
600-699 sqft600-699
SizeSq ft

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

627-111 Elizabeth St is a 1-bedroom, 1-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $499,000 (MLS® C14129044).

Welcome to 111 Elizabeth Street, Suite 627! This beautifully renovated 1-bedroom suite offers a spacious layout, modern finishes and an unbeatable downtown location at Bay & Dundas. It features floor-to-ceiling windows, a private balcony, new laminate flooring with light oak finishing, fresh paint and updated lighting throughout. The renovated kitchen boasts sleek countertops, a contemporary backsplash, brand-new top-of-the-line appliances with 5-year warranties and a dedicated dining area. The exceptionally wide living room offers ample space for lounging, entertaining and working from home. Generously sized bedroom accommodates a queen bed and features his-and-hers closets. Updated 4-piece bathroom includes a modern vanity, LED-lit mirror with additional storage. Unit 627 comes with one owned underground parking and an oversized owned locker. Fantastic building amenities include a concierge, gym, indoor pool, party room and rooftop terrace. It is steps to Longo's, Canadian Tire, Eaton Centre, Toronto Metropolitan University, major hospitals, government buildings, City Hall, transit, restaurants, cafes and endless shopping and entertainment. An ideal opportunity for first-time buyers, professionals or investors seeking a turnkey home in the heart of the city!

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 81Good

    Condition score

    3 documented update signals

    Listing age, structured features and disclosed update language; not an inspection.

  • 39Shortfall

    Cash flow quality

    −$652/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 71 condos with 1 bedroom 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.

The data table

Every fact

Everything the board publishes for this home.

Tax
$3,000 / 2026
MLS® number
C14129044
Board
TRREB MLS®
Property Type
Condo Apt
Time on market
Size
600-699 sqft
Listed on
Parking
1 Underground, 1 Parking

Listing history

Listing activity for 627-111 Elizabeth St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$499,000N/AFor SaleC14129044

Inside

Room by room

From the listing.

Main6 rooms
  • Foyer0.9144 × 1.52 mCeramic Floor, Large Closet
  • Kitchen2.1 × 3.3528 mRenovated, Family Size Kitchen, O/Looks Living
  • Living2.7432 × 3.048 mWindow Flr to Ceil, Open Concept, Laminate
  • Dining3.048 × 3.65 mWindow Flr to Ceil, W/O To Balcony, Open Concept
  • Primary2.7432 × 3.048 mHis/Hers Closets, Semi Ensuite, Laminate
  • Other1.2192 × 6.096 mNorth View

Property

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

Building

Size
600-699 sqft
Construction
Concrete

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
St Patrick StationTTC subway: Line 1 Yonge-University300 m
TMU StationTTC subway: Line 1 Yonge-University350 m
Osgoode StationTTC subway: Line 1 Yonge-University450 m
Queen StationTTC subway: Line 1 Yonge-University450 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.1 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.

Around it

Condo Apt in Bay Street Corridor

Active listings only, today.

Condos for sale in Bay Street Corridor right now

For sale now
177
Median asking price
$658K

Middle half: $520K to $899K

New in 7 days
22

71 in 28 days

Price cuts
21%

37 listings

This home is asking 24% below the median, lower than three quarters of them.

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.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningSee Former City of Toronto By-Law No. 438-86Outside By-law 569-2013: the former municipality’s by-law still sets what may be built. Confirm the rules with the City.
  • Permits4 clearedBackflow Prevention Devices (Water only) Issued September 26, 2011 · Building Permit Related(MS) Issued April 7, 2009 · Interior Alterations Issued April 7, 2009 · Partial Permit - Structural Framing Applied January 12, 2005
  • Signals nearby6 to note181 DUNDAS ST W, Site plan, 150 m away · 183 DUNDAS ST W, Site plan, 150 m away · 185 DUNDAS ST W, Site plan, 160 m away · 63 CENTRE AVE, Site plan, 160 m away · 491 BAY ST, Plan of subdivision, 160 m away · 187 DUNDAS ST W, Site plan, 160 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record177 building permits issued within 250 m in the last 2 years
  • devappsOn record22 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
  • airportOn recordNearest airport: 2.3 km
  • parcelOn recordMapped parcel: about 39,430 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 50 test or monitoring holes also recorded.
  • groundwaterOn recordGroundwater recorded about 10.8 m below ground nearby The middle water level in the well records within 500 m (212 records). It changes with the season and from spot to spot.
  • npriOn record2 facilities within 1 km report pollutant releases to Environment Canada The nearest is Enwave Energy Corporation — Walton Street Steam Plant, 310 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiOn record1 federal contaminated site within 1 km All of them are closed. The federal inventory covers federal land only, not provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed 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.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre 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.

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.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. 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. 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.

Land transfer tax on this home

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Total land transfer tax
$12,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$4,435
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 $499,000
$1,980
Ontario total
$6,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion99%Grade 6 average550 m
  • Orde Street Public SchoolToronto DSBPublic · grades JK–882%Grade 6 average750 m
  • Beverley SchoolToronto DSBPublic · grades JK–8—900 m
  • École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–696%Grade 6 average1 km

SecondaryGrade 9 math 2024–25

  • St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–1296%Grade 9 math550 m
  • Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math800 m
  • Subway Academy IIToronto DSBPublic · grades 9–12—900 m
  • Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math1 km

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.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$499,000

A month, all in

$3,152

  • Mortgage$2,277
  • Property tax$250
  • Condo or maintenance fee$625

A planning figure, not a quote.

Land transfer tax

$12,910

$4,435 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$2,500

a month, median asking rent of 71 similar homes in Bay Street Corridor.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

Want to see it this week?

Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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