711 Bay St 1221
Bay Street Corridor, Downtown Toronto, M5G 2J8
FOR SALE
$589,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Absolutely Stunning Suite In The Heart Of Toronto. Newer Hardwood Floors, Beautiful Floor Plan,Utilities & Basic Cable Included In The Price.Bay Street Corridor Close To Financial District,EntertainmentDistrict,Subway,U Of T & Ryerson,Hospitals,Shopping & More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-17 | 2024-06-25 | 39 | $599,000 | - | Terminated |
| 2023-03-13 | 2023-04-11 | 31 | $2,400 | $2,400 | Leased |
| 2022-03-07 | 2022-03-30 | 24 | $2,200 | $2,200 | Leased |
| 2021-03-08 | 2021-03-23 | 14 | $1,600 | $1,600 | Leased |
| 2020-12-14 | 2021-02-28 | 76 | $1,650 | - | Expired |
Extras
Fridge,Stove,B/I Dishwasher,Stacked Washer/Dryer. Amenities Include Gym,Sauna,Indoor Pool.
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,000 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
711 Bay St 1221 is a 1-bedroom 1-bathroom condo listed for sale at $589,000, which is $13,556 (2.2%) 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 1-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 Royal Lepage Your Community Realty
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