887 Bay St #708
Bay Street Corridor, Downtown Toronto, M5S 3K4
FOR SALE
$650,000
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Property Description
One-Of-A-Kind Open Concept And Spacious Condominium Suite With A Bright Western Exposure On Exclusive Bay Street. Close To The Subway, Hospitals, University, Yorkville, Eaton Centre, And So Much More. Elegant Building With Security. Parking And Locker Included.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-17 | 2023-12-15 | 28 | $2,200 | $2,200 | Leased |
| 2023-11-17 | 2023-12-13 | 26 | $2,200 | - | Suspended |
| 2023-10-21 | 2023-11-14 | 24 | $2,550 | - | Terminated |
| 2022-10-07 | 2022-10-28 | 21 | $2,450 | $2,450 | Leased |
| 2020-08-11 | 2020-09-22 | 42 | $1,900 | - | Suspended |
| 2019-06-28 | 2019-07-05 | 7 | $2,350 | $2,350 | Leased |
Nearby Intersections
Bay & College (148)
Bay & Wellesley (229)
Bloor & Avenue (389)
Yonge & Wellesley (250)
Bay & Bloor (527)
Yonge & Carlton (221)
Property Features
Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,668 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A/118)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.04' x 10.60' | Combined W/Dining, W/O To Balcony, West View |
| Dining | Main | 18.04' x 10.60' | Combined W/Living, W/O To Balcony, West View |
| Kitchen | Main | 8.01' x 6.89' | Marble Floor, Open Concept, Modern Kitchen |
| Br | Main | 13.58' x 9.58' | W/I Closet, West View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
887 Bay St #708 is a 1-bedroom 1-bathroom condo listed for sale at $650,000, which is $47,444 (7.9%) 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 Everland Realty Inc.
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