1506 - 887 Bay Street, Toronto, ON M5S 3K4
Bay Street Corridor, Toronto · Near Bay/Wellesley · View map
About this home
Experience refined city living at Opera Place, a luxurious condominium in Toronto's sought-after Bay Street Corridor. Enjoy the comfort and convenience of 24-hour concierge service and security, with Yorkville's elegant boutiques, exceptional dining, the YMCA and TTC just steps away. A short subway ride connects you to Rogers Centre, Scotiabank Arena and the vibrant downtown entertainment district. An exceptional address where sophistication meets everyday convenience.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- South West
- Level
- 14
- Balcony
- Open
- View
- City
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,176.38/mo
- Fee includes
- Heat, Hydro, Water, CAC, Common Elements, Building Insurance, Parking
- Complex
- MTCC 1243
- Property management
- AA Property Management
- Pets
- Allowed, with restrictions
- Locker
- Ensuite+Exclusive
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $4,742/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Tba
- Cross street
- Bay/Wellesley
- Neighbourhood
- Bay Street Corridor
More
- Price per sq ft
- ~$864 (at 1,100 sq ft)
- MLS® number
- C14135556
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The home and its surroundings
- Auto Garage Door Remote
- Carpet Free
- Storage Area Lockers
Included in the maintenance fee
- Heat
- Hydro
- Water
- CAC
- Common Elements
- Building Insurance
- Parking
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
887 Bay Street, Toronto, ON M5S 3K4
Bay Street Corridor, Toronto · Near Bay/Wellesley
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Listing history for 887 Bay Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1506 - 887 Bay Street
Answers come straight from this home’s MLS® listing.
How much is 1506 - 887 Bay Street listed for, and what would it cost each month?
1506 - 887 Bay Street is listed for $950,000. With 20% down ($190,000), the mortgage payment would be roughly $3,832 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $5,404 a month, all in. That figure is an illustration, not a quote.
Is 1506 - 887 Bay Street freehold or a condo, and is there a monthly fee?
1506 - 887 Bay Street is a condo apartment in Bay Street Corridor, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,176.38 a month. The listing says it covers heat, hydro, water, cac, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 1506 - 887 Bay Street have?
1506 - 887 Bay Street has 2 bedrooms and 2 bathrooms.
Does 1506 - 887 Bay Street have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 1506 - 887 Bay Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 1506 - 887 Bay Street?
1506 - 887 Bay Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 1506 - 887 Bay Street?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 1506 - 887 Bay Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 1506 - 887 Bay Street?
Property taxes are $4,742 a year (2026), or about $395 a month.
Are pets allowed at 1506 - 887 Bay Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 1506 - 887 Bay Street?
1506 - 887 Bay Street is in the Bay Street Corridor community of Toronto. The nearest main intersection is Bay/Wellesley. The postal code is M5S 3K4.
Is 1506 - 887 Bay Street still for sale?
Yes. It is an active listing (MLS® C14135556). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 1506 - 887 Bay Street asking?
Similar condos for sale nearby right now include 2404 - 33 University Avenue at $939,000 (2+1 bed), 4404 - 38 Grenville Street at $938,000 (2 bed) and 905 - 832 Bay Street at $935,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 887 Bay Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1506 - 887 Bay Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Bay Street Corridor, picked by style, size and price.
Condo apartment$939,0002404 - 33 University Avenue, Toronto2+1 bed · 2 bath · Bay Street CorridorCourtesy of: RE/MAX REALTRON REALTY INC.View home →
Condo apartment$938,0004404 - 38 Grenville Street, Toronto2 bed · 2 bath · Bay Street CorridorCourtesy of: RE/MAX CONDOS PLUS CORPORATIONView home →
Condo apartment$935,000905 - 832 Bay Street, Toronto2+1 bed · 2 bath · Bay Street CorridorCourtesy of: PROMPTON REAL ESTATE SERVICES CORP.View home →Courtesy of: ROYAL HERITAGE REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.