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    Ph05 - 1080 Bay Street

    For SaleU Condominium
    $725,000
    Studio
    1 Bath
    1 Parking
    358 SQFT
    59 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $2,025/sqft
    Maintenance Fees:
    $303/mth
    Taxes:
    $2,312 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Open Concept
    11.84 x 10.93ft
    Kitchen
    Hardwood Floor, Combined with Living, Walkout To Balcony
    11.84 x 10.93ft

    About this Listing

    Rarely Available Furnished Penthouse Unit With Parking At U Condos - One Of Downtown's Most Sought After Buildings! Exceptional Location Just South Of Yorkville & Next To U Of T's Beautiful St Michael's College Campus. Stylish & Functional High Floor Suite W/Floor To Ceiling Windows, Luxurious Finishes: 10 Ft Ceilings, Engineered Wood Floors, Upscale Kitchen W/Integrated Appliances & Quartz Counters, Bath W/Walk-In Shower. Large Balcony W/ Breathtaking Unobstructed West And South View Overlooking U Of T, Cn Tower And The Lake. Freshly Painted. Ensuite Front Loading Laundry & Ample Closet Space. Steps To World Class Shopping Along Bloor, Yorkville, Hazelton Ave. Downtown's Hospital Row, Bay St. Shops/Amenities/Grocery Stores, Financial District, Two Subway Stations All Within Proximity. Excellent Investment Attracting High Market Rent. Low Monthly Maintenance Fees! Quality Built By Reputable Builder Pemberton Homes. Amazing 4,500 Sf Roof Amenities W/Panoramic View Of Toronto.

    ExtrasB/I Appliance: Fridge, Dishwasher & Microwave; Cook Top, Oven , Washer, Dryer, All Elfs And Window Covering. Frame-Less Closet Doors, . Wide Parking Spot Close To Elevator.

    bay street group inc.MLS® #C8102906


    Amenities

    Security System
    Party Room
    Concierge
    Sauna
    Indoor Parking
    Gym Room

    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 U Condominium spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    4
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    204
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 1080 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$610,000$800,000 - $902,000$875,000 - $1,053,000$1,080,000 - $1,491,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,842$1,567$1,559$1,634No DataNo DataNo Data
    Avg. Wait for Unit Availability45 Days24 Days22 Days18 Days77 Days167 Days150 Days
    Ratio of Units in Building12%26%26%30%5%2%2%

    Maintenance Fees

    U Condominium vs The Bay St. Corridor Area

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