1080 Bay St 5003
Bay Street Corridor, Downtown Toronto, M5S 0A5
FOR SALE
$1,021,000
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Property Description
One-of-a-Kind U Condo on U of T Campus Prime Downtown Location! Experience luxury living in the prestigious U Condo, situated on the beautiful campus of the University of Toronto. This high-floor unit boasts 10-foot ceilings, a spacious 580 sq ft layout, and a large, bright bedroom with a very open lake view. Miele Appliances Package for a premium kitchen experience. Unobstructed lake view from an upper-level vantage point. Perfectly located: Steps to Subway, shopping, and fine dining. Ideal for U of T students, professionals, or investors. This dream building combines elegance, convenience, and unmatched proximity to the best of downtown Toronto.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-06-27 | 2021-06-30 | 3 | $1,999 | $1,999 | Leased |
Extras
Built In Appliances , Stove, Fridge, Hoods, Oven, DishWasher, Washer And Dryer, See The Virtual Tour To Feel The Difference
Nearby Intersections
Yonge & Bloor (302)
Bay & Wellesley (133)
Bloor & Avenue (232)
Yonge & Wellesley (156)
Bay & Bloor (311)
Property Features
Arts Centre, Clear View, Library, Public Transit, School, Sloping
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,305 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1080 Bay St 5003 is a 1-bedroom 1-bathroom condo listed for sale at $1,021,000, which is $454,120 (80.1%) higher than the average sold price of $566,880 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,645 (0.5%) compared to the previous 30 day period (November 9 - December 8) and down $22,162 (3.8%) from the same time one year ago.Inventory Change
There were 554 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 9 - January 7), which is down 51.5% compared with the previous 30 day period (November 9 - December 8) and up 26.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,643) (2.4%) below asking price over the last 30 days (December 9 - January 7), which represents a $1,791 decrease compared to the previous 30 day period (November 9 - December 8) and ($16,133) 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 (December 9 - January 7) stood at 67.5%, up from 45.8% over the previous 30 days (November 9 - December 8) and down from 68.1% 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 39 days when successfully sold over the last 30 days (December 9 - January 7), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Loyalty Real Estate
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