711 Bay St 1820
Bay Street Corridor, Downtown Toronto, M5G 2J8
FOR SALE
$480,000
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Property Description
WELCOME HOME! This executive 1 bedroom condo in the heart of the Bay corridor is the perfect location for any professional, young family, or investor looking for a reliable stream of healthcare professional or academic tenants. The unit has been lovingly cared for and lived in by the owner for the past 10 years, and features new washroom fixtures and a completely remodeled kitchen (both renovations <1 yr). Embrace the central location with a short commute to local malls, hospitals, UofT, TMU, and much more. Enjoy an extensive list of building amenities, including some newly renovated options. One oversized locker is included with the sale. Inquire today!
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Extras
Kitchen and bathroom freshly renovated. Oversized locker located downstairs for seasonal storage. Hydro/water/heat/cable T.V. are all included in the maintenance fees.
Nearby Intersections
Property Features
Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,310 (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 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.17' x 14.99' | Large Window, O/Looks Park, Hardwood Floor |
| Kitchen | Main | 9.15' x 5.74' | Renovated, Breakfast Bar, Stainless Steel Appl |
| Prim Bdrm | Main | 8.33' x 9.84' | 4 Pc Ensuite, Closet, Hardwood Floor |
| Solarium | Main | 8.50' x 5.68' | Glass Doors, Large Window, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
711 Bay St 1820 is a 1-bedroom 1-bathroom condo listed for sale at $480,000, which is $89,236 (15.7%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Housesigma Inc.
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