1055 Bay St 308
Bay Street Corridor, Downtown Toronto, M5S 3A3
FOR SALE
$499,000
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Property Description
Welcome To Spacious 1 Bedroom Plus Den Suite In Tridel Built Polo Club 1 At Bay & Bloor In Downtown Toronto, Walking Distance To U Of T & Yorkville , Subway Station. Newly Replaced Large Windows, Laminate Floor, Updated Kitchen. Includes One Parking Space & 1 Locker , Monthly Maintenance Fees Include All Utilities, Wonderful : Having amenities like 24-hour security, a gym, pool, and rooftop terrace adds a lot of value to the living experience. And having the option to use the den as a second bedroom increases the flexibility of the space. It seems like a great opportunity for anyone looking to live in the heart of downtown Toronto.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-21 | 2024-12-08 | 17 | $599,000 | - | Terminated |
| 2024-11-04 | 2024-11-21 | 17 | $650,000 | - | Terminated |
| 2024-09-20 | 2024-11-04 | 45 | $699,000 | - | Terminated |
| 2024-07-29 | 2024-09-20 | 53 | $699,000 | - | Terminated |
| 2024-06-13 | 2024-07-29 | 46 | $699,000 | - | Terminated |
Nearby Intersections
Yonge & Bloor (384)
Bay & Wellesley (158)
Bloor & Avenue (307)
Yonge & Wellesley (183)
Bay & Bloor (401)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,604 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 7.51' x 13.75' | |
| Kitchen | Main | 19.49' x 10.99' | |
| Living | Main | 19.49' x 10.99' | |
| Den | Main | 9.71' x 9.88' | |
| Laundry | Main | 8.99' x 14.99' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1055 Bay St 308 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $67,911 (12.0%) lower than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (November 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Luxe Home Town Realty Inc.
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