1080 Bay St 505

FOR SALE
$1,088,000
1080 Bay St 505, Downtown Toronto
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
1080 Bay St 505
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11896206
MLSID
Contact Us
Property Description
EExquisite 1 Bedroom Plus Den Suite At Prestigious U Condominiums. Clear Urban City View from Large 132 Sq Ft Walk-Out Balcony Overlooking U of T Campus. Gorgeous Luxury West Facing 1 Bedroom + Large Den That Could Be Used As A 2nd Bedroom. The Unit Has A Large Balcony With Unobstructed Views! Floor To Ceiling Windows W/ Great Natural Lighting. 9 Ft Ceilings, Completely Upgraded Suite! Absolutely Ready For You To Move In. Steps To University Of Toronto, Yorkville, Bloor St, Subway Station, Restaurants, Upscale Shopping & Much More!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-07-06 2022-07-19 15 $3,300 $3,350 Leased
2021-05-12 2021-06-27 46 $2,380 $2,380 Leased
2019-05-10 2019-06-06 27 $2,850 $2,850 Leased
Extras
Full Service Building Offers 24Hr Concierge, Gym, Outdoor Patio, Rooftop Deck, Meeting/Party Room, Bike Storage & Visitor Parking.
Nearby Intersections
Property Features
Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,920 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level E 151)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat11.58' x 11.58'Wood Floor, W/O To Balcony
DiningFlat11.58' x 11.58'Wood Floor, Combined W/Living, Open Concept
KitchenFlat11.58' x 15.19'Wood Floor, Centre Island
Prim BdrmFlat9.58' x 11.58'Wood Floor, Window Flr to Ceil, Large Closet
DenFlat9.58' x 8.83'Wood Floor, Separate Rm, Sliding Doors
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1080 Bay St 505 is a 1-bedroom 1-bathroom condo listed for sale at $1,088,000, which is $521,120 (91.9%) 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 Forest Hill Real Estate Inc.
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