311 Bay St 5404
Bay Street Corridor, Downtown Toronto, M5H 4G5
FOR SALE
$4,350,000
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Property Description
One Of A Kind Corner Suite With Soaring 14' Coffered Ceilings, One Of Only 6 Suites With These Larger Windows And Higher Ceilings. Welcome, To The Finest Architecture From Crown Molding To Solid Interior Doors With Italian Magnetic Locks, Miele Appliances And Downsview Kitchens. This Suite Is Second To None. This Suite Features A Highly Desired Split Bedroom Floor Plan Both With Ensuite Bathrooms And Ample Closets. Access To 5 Star Amenities, 24 Hour Concierge And Valet Parking, Sauna, Whirlpool, Lap Pool, Fitness Facility, House Car And More. Enjoy Dinner On The Residence Only Outdoor Patio Complete With BBQ. Or A Short Walk To Toronto's Underground PATH System Taking You To The Finest In Shopping, Dining And Entertainment. This One Of A Kind Lower Penthouse With Private Entrance Is A Must See.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-06 | 2023-12-04 | 182 | $4,250,000 | - | Expired |
| 2022-09-19 | 2022-12-31 | 104 | $4,850,000 | - | Expired |
| 2022-09-19 | 2022-11-03 | 46 | $4,850,000 | - | Suspended |
Nearby Intersections
Bay & Adelaide (32)
Property Features
Arts Centre, Beach, Electric Car Charger, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
3250-3499
Taxes
$19,782 (2023)
Basement
None
Exterior
Stone
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking 1
Rental (Valet $450+Hst)
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Flat | 16.50' x 23.33' | Porcelain Floor, W/I Closet |
| 2nd Br | Flat | 13.58' x 22.24' | Porcelain Floor, South View |
| Living | Flat | 16.34' x 26.84' | Porcelain Floor, South View |
| Laundry | Flat | 8.66' x 10.50' | Porcelain Floor |
| Dining | Flat | 18.01' x 18.24' | Porcelain Floor, Sw View |
| Kitchen | Flat | 20.24' x 8.43' | Marble Floor, Centre Island |
| Family | Flat | 18.18' x 21.10' | Marble Floor, Fireplace |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
311 Bay St 5404 is a 2-bedroom 3-bathroom condo listed for sale at $4,350,000, which is $3,544,931 (440.3%) higher than the average sold price of $805,069 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,602 (2.2%) compared to the previous 30 day period (February 27 - March 27) and down $6,893 (0.8%) from the same time one year ago.Inventory Change
There were 1,547 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 25.6% compared with the previous 30 day period (February 27 - March 27) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,806) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,639 increase compared to the previous 30 day period (February 27 - March 27) and ($6,331) 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 (March 28 - April 26) stood at 45.4%, down from 48.1% over the previous 30 days (February 27 - March 27) and down from 66.3% 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 (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc.
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