889 Bay St 1612

FOR SALE
$1,175,000
889 Bay St 1612, Downtown Toronto
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
889 Bay St 1612
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9039193
MLSID
Contact Us
Property Description
In the heart of the financial district, This timeless midrise on Bay offers you luxury, and convenience. This well-designed 2-bedroom, 2-bathroom layout ensures practical living with no wasted space. You'll appreciate the generously-sized living and dining rooms, a large master bedroom with a walk-in closet and private 4-piece ensuite, and a stunning unobstructed east-facing view. Maintenance fees are all-inclusive, and the unit includes parking and a locker. Amazing amenities, and beautiful lobby with great security 24/7. Located close to numerous shops, as well as TTC transportation.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-24 2022-06-01 8 $1,149,000 $1,125,000 Sold
2022-05-24 2022-06-01 8 $1,149,000 $1,125,000 Sold
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,707 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (LVL A)
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain6.50' x 11.19'Double Closet, Pantry, Tile Floor
KitchenMain8.86' x 10.50'Granite Counter, Tile Floor
LivingMain21.06' x 12.14'East View, Track Lights
DiningMain10.10' x 11.94'Open Concept, W/O To Balcony
BrMain15.65' x 11.32'4 Pc Ensuite, W/I Closet
2nd BrMain9.28' x 11.98'Double Closet, East View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
889 Bay St 1612 is a 2-bedroom 2-bathroom condo listed for sale at $1,175,000, which is $409,548 (53.5%) higher than the average sold price of $765,452 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,631 (1.1%) compared to the previous 30 day period (September 22 - October 21) and down $38,146 (4.7%) from the same time one year ago.
Inventory Change
There were 1,197 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 22 - November 20), which is down 4.8% compared with the previous 30 day period (September 22 - October 21) and up 7.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,550) (2.7%) below asking price over the last 30 days (October 22 - November 20), which represents a $1,928 decrease compared to the previous 30 day period (September 22 - October 21) and ($20,698) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 22 - November 20) stood at 49.0%, up from 37.7% over the previous 30 days (September 22 - October 21) and up from 36.3% 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 (October 22 - November 20), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sage Real Estate Limited
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