Updated 5+ Days Ago
Highlights
Pet Friendly
Location
55 Bay St, Victoria, BC V9A 6X9, CAN|Victoria West
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Property Overview
55 Bay St offers strong overall value, with an 8.8/10 Zumper Expert Rating driven by top scores for price and amenities, plus a 9/10 location rating and solid trustworthiness. It also stands out for having 11 photos and outdoor spaces, making it appealing for renters looking for a well-presented property with pet-friendly features.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Great for
Pet owners
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 652 sqft | $2,086 /mo | 1 unit available |
Let's explore this property.
Amenities for 55 Bay St
Apartment Amenities
| Balcony | Central Heat |
| Newly Renovated | View |
Appliances
| Individual Thermostats | Stainless Steel Appliances |
| Stove |
Tech
| Internet Ready |
Building
| Cats OK | Coin Operated Laundry |
| Controlled Access | Dogs OK |
| Elevator | EV Charging |
| Fitness Center | Fitness Facillity |
| Onsite Laundry | Video Surveillance |
| Wheelchair Accessible |
Grounds
| Exercise Room | Outdoor Space |
| Playground | Storage |
Services
| Professionally Managed |
Neighborhood
| Public Transit |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
About 55 Bay St
LIMITED TIME PROMO ON 1 BEDROOM: 1- Month Free Rent on 13 month lease on 1 Bedroom Units* Welcome to 55 Bay Street, a premier rental residence offering an exceptional urban lifestyle in one of Toronto's most sought-after waterfront locations. Perfectly situated steps from the Harbourfront, Financial District, and Union Station, this vibrant community combines convenience, comfort, and breathtaking city and lake views. Each suite at 55 Bay Street is thoughtfully designed to provide modern comfort and functionality:Spacious studio, one-bedroom, and two-bedroom layoutsBright, open-concept living spaces with large windowsModern kitchens with quality appliances and ample cabinetryUpdated countertops and contemporary finishesHardwood or luxury flooring throughoutPrivate balconies in select suites with city and waterfront viewson-site laundry facilitiesAir conditioning for year-round comfortResidents enjoy a wide range of amenities designed to enhance everyday living:Fully equipped fitness centreIndoor swimming pool and wellness facilitiesResident lounge and social spaces24-hour security and controlled accessOn-site professional management and maintenance teamUnderground parking availableSecure entry and parcel managementPet-friendly community (restrictions may apply)Living at 55 Bay Street means being at the center of it all:Walking distance to the Financial District and major employersClose to Harbourfront Centre, waterfront trails, and parksMinutes to Scotiabank Arena, Rogers Centre, and entertainment venuesSurrounded by top restaurants, cafes, and shopping destinationsNearby schools, colleges, and universitiesEasy access to Gardiner Expressway and major routesEnjoy the convenience of downtown living with the added benefit of scenic waterfront views and outdoor spaces just moments from your door.55 Bay Street offers a unique blend of location, lifestyle, and comfort. Whether you are a professional seeking proximity to work, a student looking for transit accessibility, or anyone who values vibrant city living, this property delivers an unmatched downtown Toronto experience. Book your tour today and discover elevated living at 55 Bay Street.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 55 Bay St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 55 Bay St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
55 Bay St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
55 Bay St stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
55 Bay St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 55 Bay St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
55 Bay St is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 55 Bay St compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this property
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Rent trends in Victoria West
1-bedroom apartments at 55 Bay St cost about 2% more than the average rent price for 1-bedroom apartments in Victoria West.
Median rents as of Oct 31 2026.
Victoria West
Victoria
| Month | Median Rent |
|---|---|
| November 2024 | $1,794 |
| December 2024 | $1,790 |
| January 2025 | $1,757 |
| February 2025 | $1,763 |
| March 2025 | $1,763 |
| April 2025 | $1,786 |
| May 2025 | $1,834 |
| June 2025 | $1,849 |
| July 2025 | $1,849 |
| August 2025 | $1,793 |
| September 2025 | $1,791 |
| October 2025 | $1,781 |
| November 2025 | $1,692 |
| December 2025 | $1,699 |
| January 2026 | $1,721 |
| February 2026 | $1,732 |
| March 2026 | $1,703 |
| April 2026 | $1,669 |
| May 2026 | $1,662 |
| June 2026 | $1,714 |
| July 2026 | $1,736 |
| August 2026 | $1,707 |
| September 2026 | $1,702 |
| October 2026 | $1,710 |
| Month | Median Rent |
|---|---|
| May 2026 | $1,750 |
Affordability calculator
Can I afford to live at 55 Bay St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$83,440/yr
With your selected rent-to-income ratio, you'd ideally want to make $83,440 annually to afford this 1-bedroom monthly rent price of $2,086.
For more information on rent affordability, visit our rent calculator.
Getting around Victoria near 55 Bay St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 55 Bay St, Victoria
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
4/10
Some bars within walking distance
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