633 Bay St 2703
Bay Street Corridor, Downtown Toronto, M5G 2G4
FOR SALE
$625,000
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Property Description
Penthouse with Tandem parking! Discover luxury living in this rarely offered penthouse suite at Horizon On Bay, located in the vibrant heart of downtown Toronto. This suite offers a spacious layout with a 1-bedroom + den, perfect for anyone seeking a premium downtown lifestyle. The primary bedroom offers a large walk in close t with large windows providing breath taking views of the city. This suite comes with a tandem parking spot which can accommodate two vehicles. Walking distance to U of T, Dundas Square, Eaton Center, Queens Park, public transit, shops and restaurants. Building amenities include, 24 hour concierge for security and convenience, indoor pool and hot tub, squash, basketball and racquet court, rooftop terrace with BBQ, and fitness center. Don't miss your chance to own this penthouse suite in one of Toronto's most sought after locations. **EXTRAS** No smoking, single family residential, pet restrictions. Yr 2024 property tax for parking B092 $193.13 and monthly maintenance fees for parking $61.24
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Nearby Intersections
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,212 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (B092)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 15.98' x 9.97' | Large Window, W/I Closet |
| Den | Main | 12.99' x 7.97' | Glass Doors, Large Window |
| Breakfast | Main | 6.99' x 14.99' | |
| Kitchen | Main | 6.99' x 14.99' | B/I Appliances, Window |
| Living | Main | 16.99' x 16.99' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
633 Bay St 2703 is a 1-bedroom 1-bathroom condo listed for sale at $625,000, which is $67,890 (12.2%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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