889 Bay St 202
Bay Street Corridor, Downtown Toronto, M5S 3K5
FOR SALE
$599,900
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Property Description
Luxury Opera Place Condo situated at Bay Street & Wellesley, walking distance to U of T, Subway, Shops on Yonge Street, next to YMCA, overlooking park, Large Balcony like Terrace off bedroom and living room. Original owner. One underground parking and one locker included.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-18 | 2024-09-09 | 53 | $2,300 | - | Terminated |
Extras
All existing: fridge, Stove, B/I dishwasher, washer & dryer, ELF's, window coverings. One parking and one locker are included.
Nearby Intersections
Bay & College (97)
Bay & Wellesley (148)
Bloor & Avenue (260)
Yonge & Wellesley (175)
Bay & Bloor (346)
Yonge & Carlton (135)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,546 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.47' x 18.70' | Combined W/Dining, Broadloom, W/O To Balcony |
| Dining | Flat | 10.47' x 18.70' | Combined W/Living, Broadloom, Breakfast Bar |
| Kitchen | Flat | 6.96' x 8.01' | Ceramic Floor, Double Sink, Track Lights |
| Br | Flat | 9.78' x 12.60' | Broadloom, Double Closet, W/O To Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
889 Bay St 202 is a 1-bedroom 1-bathroom condo listed for sale at $599,900, which is $33,336 (5.9%) higher than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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