750 Bay St 701
Bay Street Corridor, Downtown Toronto, M5G 1N6
FOR SALE
$519,000
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Property Description
Do you need a very affordable downtown core location with a separate bedroom, good sized living area, owned parking and locker, all utilities included and tremendous recreation/ communal amenities all in a prestigious Bay St building ? Welcome to unit 701 at 750 Bay St ! Bright and sunny with a east view towards College Park this junior 1 Bed, 1 Bath unit is approximately 560 Sqft unit that maximizes its space with the ideal floorplan to were you live . Just updated with new flooring and updated kitchen cupboards the open concept kitchen has a large breakfast bar overlooking the Liv/Din Area. The Penrose is a sophisticated building situated In the heart of the city with a 100 Transit & 99 Walk Score and walking distance to University Of Toronto, Ryerson University, 5 major hospitals, Eaton Centre, financial Core, City Hall and all the entertainment you need! Extensive amenities include 24 Hr Security, gym, full sized Indoor pool, sauna, whirlpool, steam room, outside running track, party rooms and bike storage. Condo fees Includes everything hydro, water, heat and Cac ! A well run building with excellent property management & friendly staff. Worth viewing !
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Extras
24 Hr Security And Visitor Prkg.`
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,318 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (D 17)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 13.48' x 16.34' | Combined W/Dining, Laminate, Picture Window |
| Dining | Ground | 13.48' x 16.34' | Combined W/Living, Laminate |
| Kitchen | Ground | 7.87' x 9.19' | Marble Floor, Breakfast Bar, Updated |
| Br | Ground | 8.01' x 8.01' | Laminate, Closet |
| Foyer | Ground | 3.71' x 9.51' | Marble Floor, Double Closet, Combined W/Laundry |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
750 Bay St 701 is a 1-bedroom 1-bathroom condo listed for sale at $519,000, which is $50,236 (8.8%) 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 Homelife Integrity Realty Inc.
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