1080 Bay St 505
Bay Street Corridor, Downtown Toronto, M5S 0A5
FOR SALE
$1,018,000
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Property Description
EExquisite 1 Bedroom Plus Den Suite At Prestigious U Condominiums. Clear Urban City View from Large 132 Sq Ft Walk-Out Balcony Overlooking U of T Campus. Gorgeous Luxury West Facing 1 Bedroom + Large Den That Could Be Used As A 2nd Bedroom. The Unit Has A Large Balcony With Unobstructed Views! Floor To Ceiling Windows W/ Great Natural Lighting. 9 Ft Ceilings, Completely Upgraded Suite! Absolutely Ready For You To Move In. Steps To University Of Toronto, Yorkville, Bloor St, Subway Station, Restaurants, Upscale Shopping & Much More! **EXTRAS** Full Service Building Offers 24Hr Concierge, Gym, Outdoor Patio, Rooftop Deck, Meeting/Party Room, Bike Storage & Visitor Parking.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-07-06 | 2022-07-19 | 15 | $3,300 | $3,350 | Leased |
2021-05-12 | 2021-06-27 | 46 | $2,380 | $2,380 | Leased |
2019-05-10 | 2019-06-06 | 27 | $2,850 | $2,850 | Leased |
Nearby Intersections
Yonge & Bloor (370)
Bay & Wellesley (172)
Bloor & Avenue (285)
Yonge & Wellesley (203)
Bay & Bloor (384)
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
$3,920 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level E 151)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 11.58' x 11.58' | Wood Floor, W/O To Balcony |
Dining | Flat | 11.58' x 11.58' | Wood Floor, Combined W/Living, Open Concept |
Kitchen | Flat | 11.58' x 15.19' | Wood Floor, Centre Island |
Prim Bdrm | Flat | 9.58' x 11.58' | Wood Floor, Window Flr to Ceil, Large Closet |
Den | Flat | 9.58' x 8.83' | Wood Floor, Separate Rm, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1080 Bay St 505 is a 1-bedroom 1-bathroom condo listed for sale at $1,018,000, which is $460,890 (82.7%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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