311 Bay St 5403
Bay Street Corridor, Downtown Toronto, M5H 4G5
FOR SALE
$2,928,000
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Property Description
Indulge in the epitome of luxury and elegance at the exclusive St. Regis Residence, a premier urban sanctuary where sophistication meets comfort. This rare corner sub-penthouse unit with unobstructed south-east views offers an expansive 2400 square feet of exquisite living space designed by pronounced and globally recognized designer, Lori Morris, that will leave you breathless. Highest end finishes & details throughout. Experience rare 14ft soaring coffered ceilings, rare marble flooring, hardwood floors throughout, fireplace, exquisite millwork & built-ins that enhances the home's opulent atmosphere. Large windows allow for breathtaking views, the relish unobstructed views of Lake Ontario, the iconic CN Tower, and the vibrant downtown skyline from multiple vantage points. Enjoy the contemporary layout with a chef's kitchen featuring premium Miele & Sub-Zero appliances, built-in breakfast area, high end cabinetry and a stunning island, all with marble countertops & high-end fixtures, ideal for entertaining. Elegantly appointed interiors & versatile layout, this suite caters perfectly to both executive living and family needs. Grand master suite, a true retreat. The master suite boasts spacious walk-in closets, built-ins and a luxurious spa-like ensuite bathroom with heated floors, offering a serene escape. Unparalleled amenities, including 24/7 concierge, valet parking, indoor pool & spa, gym, etc and fine dining options. Dont miss the opportunity to make this exquisite suite your new home
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-15 | 2024-09-03 | 50 | $3,400,000 | - | Terminated |
| 2024-06-08 | 2024-07-15 | 37 | $4,250,000 | - | Terminated |
| 2024-04-30 | 2024-06-08 | 39 | $4,850,000 | - | Terminated |
| 2021-07-20 | 2021-09-29 | 71 | $5,795,000 | - | Terminated |
Extras
Private elevator, Automation system, Sub-Zero fridge and freezer, Sub-Zero wine rack & bar fridge, Miele induction cook-top, built-in oven & Dishwasher, Miele Washer & Dryer, Waterstone faucets, Solid grand doors, Heated floors.
Nearby Intersections
Bay & Adelaide (29)
Property Features
Arts Centre, Clear View, Electric Car Charger, Hospital, Lake Access, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
2250-2499
Taxes
$16,180 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
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, Vaulted Ceiling, B/I Bar |
| Dining | Main | 15.26' x 28.74' | Hardwood Floor, Marble Counter |
| Kitchen | Main | 15.75' x 28.74' | Centre Island, Hardwood Floor, B/I Appliances |
| 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 |
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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 $2,928,000, which is $2,158,337 (280.4%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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