311 Bay St 4801
Waterfront Communities C1, Downtown Toronto, M5H 4G5
FOR SALE
$7,880,000
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BEDROOMS5
BATHROOMS2
KITCHENS8
ROOMSC8417042
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Property Description
Discover luxury living on the 48th floor of the prestigious St.Regis Hotel Residence, boasting breathtaking views of Lake Ontario. This extraordinary combined unit condo spans 3700 sqft and features opulent upgrades, 12ft high ceilings, and occupies an entire floor for unmatched privacy. Enjoy the convenience of a private elevator and the spaciousness of an open concept layout. Experience the epitome of refined living with access to 24-hour room service, housekeeping, valet parking, a luxurious hotel spa, and Louix Louis, an exquisite fine dining restaurant. The ground floor hosts another sophisticated restaurant/bar alongside concierge services.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-16 | 2024-05-31 | 197 | $7,880,000 | - | Expired |
| 2023-10-23 | 2024-04-19 | 183 | $39,900 | - | Expired |
| 2023-07-04 | 2023-09-29 | 87 | $8,580,000 | - | Expired |
| 2023-05-10 | 2023-06-27 | 48 | $8,580,000 | - | Terminated |
| 2023-01-05 | 2023-05-05 | 121 | $8,750,000 | - | Expired |
| 2020-07-29 | 2020-09-26 | 59 | $2,399,000 | $2,250,000 | Sold |
| 2020-05-25 | 2020-07-27 | 63 | $2,399,000 | - | Expired |
| 2020-02-19 | 2020-05-19 | 90 | $2,499,000 | - | Expired |
Extras
Three Miele refrigerators, three Miele freezers, three Miele stoves, two Miele dishwashers, two steam showers, two washer/dryers, a standalone wine cellar, a Miele wine fridge, two soaking tubs, and heated tile flooring throughout.
Nearby Intersections
Bay & Adelaide (26)
Property Features
Arts Centre, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
3500-3749
Taxes
$19,470 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
311 Bay St 4801 is a 3-bedroom 5-bathroom condo listed for sale at $7,880,000, which is $7,081,571 (886.9%) higher than the average sold price of $798,429 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $37,294 (4.5%) compared to the previous 30 day period (July 21 - August 19) and down $169,225 (17.5%) from the same time one year ago.Inventory Change
There were 257 3-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 30.5% compared with the previous 30 day period (July 21 - August 19) and up 45.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($13,266) (1.7%) below asking price over the last 30 days (August 20 - September 18), which represents a $17,364 increase compared to the previous 30 day period (July 21 - August 19) and ($30,357) 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 3-bedroom condos in Downtown Toronto over the last 30 days (August 20 - September 18) stood at 30.0%, down from 34.0% over the previous 30 days (July 21 - August 19) and down from 36.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom condo in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (August 20 - September 18), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Crossroads Realty Inc.
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