311 Bay St 5403
Bay Street Corridor, Downtown Toronto, M5H 4G5
FOR SALE
$4,250,000
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Property Description
Welcome to the epitome of luxury living at the St. Regis Residences in Toronto's bustling downtown. This renovated 2-bedroom suite boasts 14-footceilings, seamlessly blending open-concept living with a gourmet kitchen featuring top-tier appliances. Enjoy panoramic views of Lake Ontario fromthe eat-in area. The master bedroom offers an ensuite bath and stunning city skyline vistas. With one of six owned parking spaces, convenience isparamount. Residents access world-class amenities, including a fitness center, indoor pool, and 24/7 concierge. Experience luxury living steps fromToronto's finest dining, shopping, and entertainment. Elevate your lifestyle at the St. Regis Residences today.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-30 | 2024-06-08 | 39 | $4,850,000 | - | Terminated |
| 2021-07-20 | 2021-09-29 | 71 | $5,795,000 | - | Terminated |
Nearby Intersections
Bay & Adelaide (37)
Property Features
Clear View, Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
2250-2499
Taxes
$16,509 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Other
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.99' x 11.91' | Marble Floor, Closet, Window Flr to Ceil |
| Living | Main | 15.26' x 28.74' | Open Concept, Overlook Water, Fireplace |
| Dining | Main | 15.26' x 28.74' | Hardwood Floor, Wet Bar |
| Kitchen | Main | 15.75' x 28.74' | Centre Island, Hardwood Floor, B/I Appliances |
| Breakfast | Main | 15.75' x 28.74' | Overlook Water, Window Flr to Ceil |
| Prim Bdrm | Main | 14.57' x 15.26' | Hardwood Floor, His/Hers Closets, Overlook Water |
| 2nd Br | Main | 12.17' x 13.75' | Overlook Water, Hardwood Floor, B/I Closet |
| Other | Main | 8.07' x 8.99' | Elevator, Marble Floor, Wainscoting |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
311 Bay St 5403 is a 2-bedroom 3-bathroom condo listed for sale at $4,250,000, which is $3,421,367 (412.9%) higher than the average sold price of $828,633 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $16,729 (2.0%) compared to the previous 30 day period (May 5 - June 3) and up $8,964 (1.1%) from the same time one year ago.Inventory Change
There were 1,545 2-bedroom condos listed in Downtown Toronto over the last 30 days (June 4 - July 3), which is up 3.8% compared with the previous 30 day period (May 5 - June 3) and up 24.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,005) (2.1%) below asking price over the last 30 days (June 4 - July 3), which represents a $1,996 decrease compared to the previous 30 day period (May 5 - June 3) and ($2,742) 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 (June 4 - July 3) stood at 33.1%, down from 38.0% over the previous 30 days (May 5 - June 3) and down from 73.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (June 4 - July 3), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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