1080 Bay St 2602
Bay Street Corridor, Downtown Toronto, M5S 0A5
FOR SALE
$1,435,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Prime Location - Famous " U Condo" in the Heart of Downtown Toronto. High Level Corner unit with Unobstructed South & East View!! Approx. 900 S.F + 277 S.F Large Balcony. 9' Smooth Ceiling. Split 2 Bedroom w/ 2 washroom & 2 Separate Balconies. Bright & Spacious with Floor to Ceiling Windows all around. Engineer Hardwood Flooring Throughout. Modern kitchen with Quartz Counter/Backsplash, Lightings & B/I Appliances. Large Centre Island. Freshly New Paint Throughout. Breathtaking Downtown City view & Partial Lake view. Steps to Bus Stop & Subways, Close to Yorkville & U of T. Mins to Financial District.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-13 | 2019-03-21 | 8 | $3,500 | $3,500 | Leased |
Extras
** 1 Parking & 1 Locker included ** Great Amenities: 3 storeys Grand Lobby with 24 hrs Concierge, Fitness Centre w/ Cardio & Exercise Room, Yoga Studio, Steam Room, Billiards Room, Library, Party Room, Roof Top Terrace & Visitor Parking .
Nearby Intersections
Yonge & Bloor (434)
Bay & Wellesley (195)
Bloor & Avenue (344)
Yonge & Wellesley (227)
Bay & Bloor (456)
Property Features
Clear View, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$5,307 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.98' x 15.49' | Hardwood Floor, Window Flr to Ceil, Se View |
| Dining | Main | 7.05' x 10.56' | Hardwood Floor, Combined W/Kitchen, South View |
| Kitchen | Main | 7.05' x 10.56' | B/I Appliances, Quartz Counter, Centre Island |
| Prim Bdrm | Main | 15.62' x 17.88' | Hardwood Floor, 4 Pc Ensuite, Large Closet |
| 2nd Br | Main | 6.96' x 7.94' | Hardwood Floor, South View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1080 Bay St 2602 is a 2-bedroom 2-bathroom condo listed for sale at $1,435,900, which is $669,567 (87.4%) higher than the average sold price of $766,333 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $21,110 (2.7%) compared to the previous 30 day period (July 9 - August 7) and down $23,860 (3.0%) from the same time one year ago.Inventory Change
There were 1,153 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 8 - September 6), which is down 13.5% compared with the previous 30 day period (July 9 - August 7) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,498) (2.3%) below asking price over the last 30 days (August 8 - September 6), which represents a $1,786 increase compared to the previous 30 day period (July 9 - August 7) and ($12,082) less 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 8 - September 6) stood at 38.3%, up from 35.4% over the previous 30 days (July 9 - August 7) and down from 43.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage New Concept
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