889 Bay St 404

FOR SALE
$1,050,000
889 Bay St 404, Downtown Toronto
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
889 Bay St 404
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C9256350
MLSID
Contact Us
Property Description
Ideal location on Bay & Wellesley featuring an expansive and bright oversized 2-bedroom, 2 bathroom suite in the luxurious Opera Place. Features a fully equipped kitchen leading to an open-concept living and dining area, ideal for entertaining. This unit offers hardwood floors, stainless steel appliances, and ample storage space. Desirable split bedroom floor plan, 2x4 pc bathrooms. Open private balcony, ensuite laundry & a premium 2 parking spot (tandem). Situated in the prime Bay Street corridor, in the heart of downtown, steps from the subway, University of Toronto, Ryerson, Eaton Centre, Bloor, and Yorkville.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-30 2021-01-14 45 $2,250 $2,250 Leased
Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,356 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 12.50'Combined W/Dining, W/O To Balcony, Hardwood Floor
DiningMain9.68' x 13.75'Combined W/Living, W/O To Balcony, Hardwood Floor
KitchenMain6.56' x 7.87'Breakfast Bar, Ceramic Floor
Prim BdrmMain8.99' x 12.01'4 Pc Ensuite, Hardwood Floor
2nd BrMain10.01' x 14.01'4 Pc Bath, Hardwood Floor, Semi Ensuite
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
889 Bay St 404 is a 2-bedroom 2-bathroom condo listed for sale at $1,050,000, which is $279,961 (36.4%) higher than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.
Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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