633 Bay St 313
Bay Street Corridor, Downtown Toronto, M5G 2G4
FOR SALE
$550,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
Investment opportunity with Tenant in place. This stunning one-bedroom,1.5 bathrooms, open concept, with modern appliances and in suite laundry at Horizon On Bay offers an exceptional opportunity for investors seeking immediate rental income. Located in a prime location, this condo boasts convenience and accessibility to public transportation, U of T, Dundas Square, City Hall, Financial District, Shops & Restaurants. Building amenities include, 24 Hour Concierge, Theatre Room, Rooftop Terrance with BBQ, Swimming Pool, Hot Tub, Party Room, Exercise Room, Squash/Racquet Court
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-30 | 2023-12-05 | 5 | $2,675 | - | Suspended |
Extras
All utilities included in maintenance fees. No smoking, single family, pet restrictions, no roommates Taxes for parking YR 2024 $193.13
Nearby Intersections
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,061 (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 (A022)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.98' x 17.98' | |
| Dining | Main | 11.98' x 8.99' | |
| Kitchen | Main | 11.98' x 6.89' | |
| Prim Bdrm | Main | 13.98' x 9.97' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
633 Bay St 313 is a 1-bedroom 2-bathroom condo listed for sale at $550,000, which is $52,556 (8.7%) lower than the average sold price of $602,556 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $11,644 (2.0%) compared to the previous 30 day period (May 5 - June 3) and down $37,604 (5.9%) from the same time one year ago.Inventory Change
There were 1,805 1-bedroom condos listed in Downtown Toronto over the last 30 days (June 4 - July 3), which is up 3.7% compared with the previous 30 day period (May 5 - June 3) and up 29.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,692) (1.9%) below asking price over the last 30 days (June 4 - July 3), which represents a $4,642 decrease compared to the previous 30 day period (May 5 - June 3) and ($1,549) 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 (June 4 - July 3) stood at 28.4%, down from 32.4% over the previous 30 days (May 5 - June 3) and down from 72.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-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 Forest Hill Real Estate Inc.
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