$585,000
+$364/mo fees20 Edward Street 2202, Toronto, ON M5G 0C5
Bay Street Corridor · C01
Listing courtesy of ALPHA REALTY INC.
Bay Street Corridor · C01 · M5H 4G3
$725,000
+ $5,557/mo maintenance$1,208 / sq ft2 weeks on market
Own a luxury hotel suite at The St. Regis Toronto. Suite 1905 is an authentic, hotel suite placed directly in the St. Regis Rental Program and operated entirely by the hotel. It offers true turn-key passive income where Marriott manages the bookings, guest check-ins, housekeeping, and front-desk services, leaving you with zero tenant screening, zero maintenance calls, and zero landlord responsibilities. Based on full 2025 financials, this asset delivers an attractive 5.28% capitalization rate for an HST-registered buyer. It represents a rare opportunity to own a reliable, cash-flowing commercial asset inside one of Canada's premier five-star luxury addresses on Bay Street, with complete financial statements available to qualified purchasers. Unlike traditional residential real estate, this investment allows you to enjoy the property personally. In 2025, the suite experienced an approximate 21.5% vacancy rate (roughly 78 nights across the year), giving you the flexibility to book and stay in your suite under the program's owner-stay terms. You can use it as your private downtown Toronto pied-a-terre for business trips, weekend getaways, or special evenings in the city. Ownership also comes with lifetime Marriott Bonvoy Platinum Elite status for you and your spouse, providing complimentary room upgrades, executive lounge privileges, and preferred owner rates across Marriott properties and Homes and Villas worldwide. The 654-square-foot suite features floor-to-ceiling windows, a plush king bed, an integrated living and workspace, a wet bar with refrigeration, a locked private owner's closet, and a five-piece bath with a deep soaker tub and separate glass rain shower. Routine upkeep is funded through a dedicated furniture, fixtures, and equipment reserve, ensuring the suite remains in brand-standard condition without surprise out-of-pocket costs.
3 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Flat | 3.56 × 3.35 m11.7 × 11.0 ft | Combined w/Primary · Window Floor to Ceiling · North View |
| Primary Bedroom | Flat | 3.15 × 2.62 m10.3 × 8.6 ft | Combined w/Living · 5 Pc Bath · Closet |
| Foyer | Flat | — | Closet · Wet Bar |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 58% of comparable condo apartment listings in Bay Street Corridor are asking less.
Based on 95 comparable active condo apartment listings in Bay Street Corridor. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $725,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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Listing courtesy of ALPHA REALTY INC.
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