1121 Bay St 602
Bay Street Corridor, Downtown Toronto, M5S 2B3
FOR SALE
$580,000
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Property Description
Executive Boutique Condo in the Upscale Location Between Yorkville & The Financial District * Short Walk to 3 Subway Stations, University of Toronto, Hospitals, Restaurants & Museums * Bright & Spacious Unit * Parking is Included to the Price * Open Concept Kitchen * 9 ft High Smooth Ceilings * Floor-to-Ceiling Windows * All Utilities are Included in the Maintenance Fee*
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-12-21 | 2022-12-24 | 3 | $2,200 | $2,300 | Leased |
| 2021-07-12 | 2021-07-13 | 1 | $2,000 | $2,000 | Leased |
| 2021-02-06 | 2021-03-18 | 40 | $1,800 | - | Terminated |
| 2021-02-06 | 2021-02-06 | 0 | $1,800 | - | Terminated |
Extras
Building Amenities Include: 24hr Concierge, Gym, Sauna, Party Rm, Rooftop Terrace, Visitor Parking & More!
Nearby Intersections
Property Features
Arts Centre, Grnbelt/Conserv, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,654 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.84' x 17.32' | Laminate, Combined W/Dining, Open Concept |
| Dining | Flat | 9.84' x 17.32' | Laminate, Combined W/Living, French Doors |
| Kitchen | Flat | 7.87' x 9.25' | Hidden Lights, Modern Kitchen, B/I Dishwasher |
| Prim Bdrm | Flat | 9.19' x 10.83' | Laminate, Double Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1121 Bay St 602 is a 1-bedroom 1-bathroom condo listed for sale at $580,000, which is $10,617 (1.9%) higher than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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