1080 Bay St LPH1
Bay Street Corridor, Downtown Toronto, M5S 0A5
FOR SALE
$2,399,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS2 + 1
ROOMSC9238632
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Property Description
Breathtaking south-east corner luxury penthouse unit in a prime downtown location at Bay and Bloor; steps from U of T, Yorkville and public transit. Stunning unobstructed panoramic south-east view of Lake Ontario and downtown Toronto skyline. 2 bathrooms, 2 bedrooms and a large den that can be a third bedroom. Professionally made closet organizers in bedrooms; walk-in closet in master bedroom. Two oversized wrap-around balconies, 399 sq ft total. Upgraded kitchen with full-size Miele appliances, pullout shelving in cabinets, granite island, granite countertops and backsplash. Crystal LED chandeliers and hardwood flooring throughout. Full size parking spot and locker, both located near elevator. 24-hour concierge, large courtyard, visitor parking, gym, sauna, library, party room, rooftop amenity space. Live in luxury in the downtown core!
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Nearby Intersections
Yonge & Bloor (468)
Bay & Wellesley (209)
Bloor & Avenue (371)
Yonge & Wellesley (232)
Bay & Bloor (484)
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$9,442 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (4)
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 9.74' x 14.07' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
2nd Br | Main | 9.25' x 12.40' | Closet, Hardwood Floor |
Den | Main | 11.09' x 13.32' | W/O To Balcony, Hardwood Floor |
Dining | Main | 13.32' x 15.26' | Combined W/Kitchen, W/O To Balcony, Hardwood Floor |
Living | Main | 14.34' x 15.65' | W/O To Balcony, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1080 Bay St LPH1 is a 2-bedroom 2-bathroom condo listed for sale at $2,399,000, which is $1,621,101 (208.4%) higher than the average sold price of $777,899 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,619 (1.1%) compared to the previous 30 day period (July 21 - August 19) and down $15,780 (2.0%) from the same time one year ago.Inventory Change
There were 1,415 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 31.1% compared with the previous 30 day period (July 21 - August 19) and up 12.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,467) (2.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $4,416 increase compared to the previous 30 day period (July 21 - August 19) and ($10,475) 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 20 - September 18) stood at 31.0%, down from 42.1% over the previous 30 days (July 21 - August 19) and down from 35.2% 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 32 days when successfully sold over the last 30 days (August 20 - September 18), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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