761 Bay St 1007
Bay Street Corridor, Downtown Toronto, M5G 2R2
FOR SALE
$589,900
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Property Description
*Motivated Seller**Maint fee only $399/month* 98/100 Walf Score! Perfect for 1st time buyer or use as investment property. South facing spacious 1 bedroom condo located in the esteemed Luxury College Park Phase 2 Condominium. With 580 sq.ft of space, this condo offers prime living in the heart of downtown Toronto. Enjoy convenient access to subway stations, streetcar, restaurants, shopping mall and supermarkets. Walking distance to top institutions like the University of Toronto, Toronto Metropolitan University, Mount sinai hospital, St michael's , Women/s college, toronto General hospital and many more! Benefit from 24-hour concierge service and indulge in the hotel like amenities including an indoor pool, gym, party room, guest suites, and more!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-08 | 2024-07-03 | 56 | $618,000 | - | Terminated |
Nearby Intersections
Property Features
Arts Centre, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,812 (2023)
Basement
None
Exterior
Alum Siding, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 8.01' x 8.01' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
761 Bay St 1007 is a 1-bedroom 1-bathroom condo listed for sale at $589,900, which is $10,244 (1.7%) lower than the average sold price of $600,144 in the last 30 days (June 7 - July 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $10,356 (1.8%) compared to the previous 30 day period (May 8 - June 6) and down $35,151 (5.5%) from the same time one year ago.Inventory Change
There were 1,821 1-bedroom condos listed in Downtown Toronto over the last 30 days (June 7 - July 6), which is up 0.1% compared with the previous 30 day period (May 8 - June 6) and up 20.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,984) (1.8%) below asking price over the last 30 days (June 7 - July 6), which represents a $2,928 decrease compared to the previous 30 day period (May 8 - June 6) and ($1,463) 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 7 - July 6) stood at 27.0%, down from 31.6% over the previous 30 days (May 8 - June 6) and down from 68.9% 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 7 - July 6), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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