832 Bay St 501
Bay Street Corridor, Downtown Toronto, M5S 1Z6
FOR SALE
$679,000
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Property Description
Luxury "Burano" Condo In The Core Downtown. 613 Sq. Ft. Plus Balcony. Floor To 9' Ceiling Windows, Minutes From The Financial District, University Of Toronto, Public Transit, Restaurants, Schools, Hospitals, Shopping, Parks, And More. Do Not Miss This Opportunity To Live In The Heart Of Downtown! Extras:S/S Fridge, S/S Stove, B/I Dishwasher, B/I Microwave, Washer/Dryer, Amenities- 24 Hr Concierge/Security, Fitness Lounge With Steam Rooms And Saunas, Rooftop Patio, Outdoor Pool, Lounge Room, Theater Room And Party Room.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-29 | 2021-10-01 | 34 | $1,900 | $1,900 | Leased |
| 2020-09-25 | 2020-12-30 | 97 | $1,540 | - | Expired |
| 2020-08-19 | 2020-12-30 | 133 | $579,880 | - | Expired |
| 2020-07-10 | 2020-08-19 | 40 | $1,980 | - | Terminated |
Extras
S/S Fridge, S/S Stove, B/I Dishwasher, B/I Microwave, Washer/Dryer. All ELFs, All Existing Window Coverings, One Locker is Included.
Nearby Intersections
Bay & College (107)
Bay & Wellesley (161)
Bloor & Avenue (322)
Yonge & Wellesley (181)
Yonge & Carlton (158)
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,705 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.50' x 17.78' | Combined W/Dining, Laminate, Window Flr To Ceil |
| Dining | Flat | 10.50' x 17.78' | Combined W/Living, Laminate, Window Flr To Ceil |
| Prim Bdrm | Flat | 8.99' x 6.99' | Sliding Doors, Laminate, Mirrored Closet |
| Kitchen | Flat | 6.99' x 19.98' | Open Concept, B/I Appliances, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
832 Bay St 501 is a 1-bedroom 1-bathroom condo listed for sale at $679,000, which is $76,113 (12.6%) higher than the average sold price of $602,887 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $675 (0.1%) compared to the previous 30 day period (March 5 - April 3) and down $25,858 (4.1%) from the same time one year ago.Inventory Change
There were 1,869 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 4 - May 3), which is up 32.6% compared with the previous 30 day period (March 5 - April 3) and up 72.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,230) (1.5%) below asking price over the last 30 days (April 4 - May 3), which represents a $464 increase compared to the previous 30 day period (March 5 - April 3) and ($2,260) 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 (April 4 - May 3) stood at 35.5%, down from 48.4% over the previous 30 days (March 5 - April 3) and down from 76.2% 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 26 days when successfully sold over the last 30 days (April 4 - May 3), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Galaxy Realty Inc.
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