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    1007 - 1001 Bay Street

    For Sale1001 Bay
    $619,000
    1 Bed + 1
    1 Bath
    0 Parking
    710 SQFT
    2 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $872/sqft
    Maintenance Fees:
    $537/mth
    Taxes:
    $2,386 (2023)
    Locker:
    Exclusive
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    30
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Radiant
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Laminate, Combined with Dining
    18.5 x 11.22ft
    Dining
    Laminate, Combined with Living
    18.5 x 11.22ft
    Kitchen
    Ceramic Floor, Open Concept
    10.99 x 8.92ft

    About this Listing

    Welcome To Large and Updated 1 Bed + Den In Prestigious 1001 Bay St! Enter the Elegant Lobby and be greeted by friendly 24 hr concierges.Spacious 710Sq Ft 1 bedroom + den offers a very versatile space:foyer, kitchen, huge primary bedroom, double closets, solarium/den that is perfect for work-from-home/2nd bed, bathroom and a living space that is perfect for both entertaining and dining(room for a 4/6-seater dining table!). Quiet, South-East Views. You cannot find a more usable floorplan! Suite Is Impeccable and ready to move-in or rent. This iconic building is located in one of the Bay Corridor's most sought-after and conveniently walkable areas. Prestigious Location; Steps To Subway, Hospitals, Yorkville Financial District, Walking Distance To UofT, TMU,Grocery Stores & Parks. Convenient Rear Entrance With Circular Driveway For You Or Your Guests. You will love living amongst every convenience imaginable!

    ExtrasAll As Currently Existing And Belonging To The Seller: Fridge, Stove ,B/I Microwave ,B/I Dishwasher, Washer & Dryer ,Electric Light Fixtures And Window Covering.

    royal lepage signature realtyMLS® #C8291716


    Amenities

    Visitor Parking
    Rooftop Deck
    Rec Room
    Concierge
    Indoor Pool
    Squash Court

    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at 1001 Bay spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    10.8
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    57
    Units were Rented over the past twelve months

    Best Value Rank

    1001 Bay offers the
    ?
    best value out of 34 condos in the Bay St. Corridor neighbourhood

    Appreciation Rank

    1001 Bay has the
    ?
    highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    1001 Bay yields the
    ?
    highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

    High Demand

    1001 Bay is the
    ?
    most popular building out of 34 condos in the Bay St. Corridor neighbourhood

    Transaction Insights at 1001 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$524,000$625,000 - $725,000$748,000$960,000 - $1,006,000$1,088,000No Data
    Avg. Cost Per SqftNo Data$967$942$886$827$805No Data
    Avg. Wait for Unit Availability373 Days143 Days29 Days138 Days150 Days563 Days324 Days
    Ratio of Units in Building5%11%58%9%15%2%2%

    Maintenance Fees

    1001 Bay vs The Bay St. Corridor Area

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