761 Bay St 3007
Bay Street Corridor, Downtown Toronto, M5G 2R2
FOR SALE
$669,000
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Property Description
Immerse Yourself In This Must See Unit At 761 Bay. A Downtown Lovers Dream With Easy Access To All The City Has To Offer. Great Opportunity For First Time Buyers Or Any Investor. Currently Tenanted With A Long Term Tenant. Parking & Locker For Your Convenience. No Photos Of Unit Due To Tenancy, Come & See For Yourself Your Future Home.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,024 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2 , #21)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
761 Bay St 3007 is a 1-bedroom 1-bathroom condo listed for sale at $669,000, which is $66,444 (11.0%) higher 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 The Diamond Realty Inc.
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