1121 Bay St 1003
Bay Street Corridor, Downtown Toronto, M5S 2B3
FOR SALE
$589,900
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Property Description
Elevate your lifestyle in this executive 1-bedroom condo, ideally situated between the Financial District and Yorkville. This thoughtfully designed unit features a functional layout that maximizes every square foot, complemented by high 9-foot ceilings and laminate flooring. The wrap-around modern kitchen, equipped with full-size appliances and a chic mirrored backsplash, is perfect for both casual meals and sophisticated entertaining. The bright and airy living area is bathed in natural light from a large window, creating an inviting and spacious atmosphere. The generous bedroom includes a double closet for ample storage and comfort. Enjoy outdoor relaxation on the large balcony, or take advantage of the included utilities in the maintenance fees. This condo offers a seamless blend of elegance, functionality, and a premier location, making it an ideal urban retreat.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-17 | 2023-07-20 | 3 | $2,500 | $2,550 | Leased |
Extras
Building Amenities: 24hr Concierge, Gym, Sauna, Visitor Parking, Party/Meeting Room, Rooftop Patio with BBQs. TTC at your doorstep. Steps away from the subway, Yorkville, Eataly, cafes, restaurants and everything downtown.
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,432 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.24' x 12.50' | Laminate, Open Concept, W/O To Balcony |
| Dining | Flat | 10.24' x 12.50' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Flat | 9.48' x 8.30' | Tile Floor, Backsplash, Centre Island |
| Prim Bdrm | Flat | 9.09' x 13.16' | Laminate, Double Closet, Large Window |
| Bathroom | Flat | 8.01' x 4.99' | 4 Pc Bath, Tile Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1121 Bay St 1003 is a 1-bedroom 1-bathroom condo listed for sale at $589,900, which is $18,442 (3.2%) higher than the average sold price of $571,458 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $692 (0.1%) compared to the previous 30 day period (July 30 - August 28) and down $46,879 (7.6%) from the same time one year ago.Inventory Change
There were 1,678 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 39.9% compared with the previous 30 day period (July 30 - August 28) and up 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,783) (1.9%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,215 decrease compared to the previous 30 day period (July 30 - August 28) and ($7,993) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 29 - September 27) stood at 29.3%, down from 43.9% over the previous 30 days (July 30 - August 28) and up from 28.1% 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 32 days when successfully sold over the last 30 days (August 29 - September 27), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited
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