955 Bay St 4007
Bay Street Corridor, Downtown Toronto, M5S 0C6
FOR SALE
$1,598,000
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Property Description
Discover unparalleled luxury and convenience at the Britt Condos in downtown Toronto. This newly upgraded unit is around 1300 sqft of total living space, featuring 1059 sqft of elegantly designed interiors and a sprawling 200+ sqft balcony with panoramic city views. The open-concept living room flows seamlessly into a modern kitchen with built-in appliances. Located just steps from Yorkville, Wellesley Subway Station, the University of Toronto, Queen's Park, hospitals, grocery stores, and top-tier dining, this condo places the best of the city at your doorstep. Amenities include an outdoor pool, rooftop deck, Jacuzzi, spa, sauna, gym, party room, media room, yoga studio, visitor parking, and 24-hour concierge service. As an exceptional investment opportunity, the current owner wishes to rent back the property at $6,000 per month, far above market rate, ensuring a substantial return on your investment. This arrangement offers a stable, high-yield rental income with the owner committed to maintaining the property in pristine condition.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-28 | 2024-09-18 | 113 | $1,598,000 | - | Expired |
Nearby Intersections
Yonge & Bloor (393)
Bay & Wellesley (160)
Bloor & Avenue (313)
Yonge & Wellesley (183)
Bay & Bloor (407)
Property Features
Arts Centre, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$6,702 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Flat | 14.40' x 24.11' | Combined W/Living, W/O To Balcony |
| Living | Flat | 14.40' x 24.11' | Combined W/Dining |
| Kitchen | Flat | 14.40' x 8.99' | B/I Appliances, Closet, Quartz Counter |
| Prim Bdrm | Flat | 10.01' x 12.01' | W/I Closet, 4 Pc Ensuite |
| 2nd Br | Flat | 10.30' x 8.99' | W/I Closet, Large Window, W/O To Balcony |
| 3rd Br | Flat | 9.19' x 9.28' | Large Closet, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
955 Bay St 4007 is a 3-bedroom 2-bathroom condo listed for sale at $1,598,000, which is $745,948 (87.5%) higher than the average sold price of $852,052 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $130,333 (13.3%) compared to the previous 30 day period (October 3 - November 1) and down $172,686 (16.9%) from the same time one year ago.Inventory Change
There were 190 3-bedroom condos listed in Downtown Toronto over the last 30 days (November 2 - December 1), which is down 13.6% compared with the previous 30 day period (October 3 - November 1) and down 3.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($17,146) (2.0%) below asking price over the last 30 days (November 2 - December 1), which represents a $1,923 increase compared to the previous 30 day period (October 3 - November 1) and ($24,163) 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 3-bedroom condos in Downtown Toronto over the last 30 days (November 2 - December 1) stood at 39.5%, down from 41.4% over the previous 30 days (October 3 - November 1) and up from 21.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Golden Life Realty Ltd.
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