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    One City Hall Place

    111 Elizabeth Street

    11for Sale
    11for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    522
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    287 - 2,000 SQFT
    Unit Availability:
    Medium

    Listing History for One City Hall Place

    Amenities

    Rec Room
    Sauna
    Party Room
    Guest Suites
    Indoor Parking
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 111 Elizabeth StreetOne City Hall Place

    111 Elizabeth Street has an interesting — unsettling, even — history. On May 3, 1977, the Italian Mafia set off a bomb in Wah Kew Chop Suey House, a restaurant then inhabiting the building’s ground floor retail space.

    While this was a result of some issue involving gambling and money owed, the history of setting off explosives at 111 Elizabeth did not stop there. Later, filming for the American-Canadian series Kung Fu: The Legend Continues took place in the parking lot here. At one point, producers even set up a fake market and blew it up while filming an episode.

    And finally, the building was finally blown up on purpose, this time to make space for a new set of condos.

    Today, One City Hall Place graces the land at 111 Elizabeth Street. And the 2007-built structure shows no signs of being destroyed any time soon, thanks to its reception by both Toronto Star architecture critic Christopher Hume and the residents who live in the building. Hume, who calls the building “sleek” and “retro-modernist,” gave One City Hall Place an A grade, surprising for someone known to be difficult to impress.

    Perhaps this is partly because the façade at 111 Elizabeth Street is interesting enough that it doesn’t look like every other building in the city. The geometric, horizontal patterns are reminiscent of a game of snake played on a Nokia flip phone (which even happen to be cool again in the minds of some hipsters).

    Designed by Hariri Pontarini Architects and Young + Wright Architects Inc., One City Hall Place features 521 downtown Toronto condos spread out over 16 storeys. The building was developed by Diamante Development Corporation, with interiors by Cecconi Simone. And thanks to this interior designer, communal spaces are playful and in tune with nature: entire walls are filled with plants, while others have water flowing down them.

    As for the amenities, these are yet another selling point for prospective buyers who fall for the these condos. Not only do the concierge and security have a good reputation as far as Toronto condos are concerned, but the building also boasts a gym, sauna, pool, party room, guest suites, rooftop garden, and visitor parking — a useful lineup that somehow comes without exorbitant maintenance fees. And to top it all off, residents have access to the on-site car share program, as well as bicycle storage.

    The Suites

    With suites ranging in size from approximately 350 to 1,950 square feet, first-time buyers and small families will be equally satisfied with Toronto condos for sale at One City Hall Place. Regardless of size, high ceilings allow the homes to feel spacious and comfortable as can be.

    Exposures vary as well, from studios to homes with two bedrooms plus a den. And while most units come equipped with private outdoor spaces, certain homes at One City Hall Place boast oversized balconies perfect for dining al fresco.

    Even from inside these condos the sun is constantly shining, thanks to windows that reach from ceiling to floor.

    The Neighbourhood

    Located in the City Centre area dubbed as “Little Tokyo,” it doesn’t really get more central than 111 Elizabeth Street. While different areas of Toronto peak in terms of trendiness, only to eventually wane, this location is one of the exceptions.

    Set amidst the city’s foremost hospitals and universities, as well as business and commercial zones, One City Hall Place is, as Diamante puts it, “minutes from everything.” The Market by Longo’s even inhabits the ground level retail space, meaning residents need not go far for a freshly stocked fridge and pantry.

    The Eaton Centre is also just a few blocks away: both a mall and a tourist attraction all rolled into one, this expansive shopping centre is one of the best in the city. In 2015 almost 50 million visitors walked through the mall, and its most notable new resident is Saks Fifth Avenue. Underground, the Saks Food Hall by Pusateri’s is a popular lunch spot for people who work in the area, and a great place to pick up a hostess gift before heading out for the evening.

    Transportation

    With Dundas Station only a 5-minute walk away, residents can hop onto a train and travel to any area of the city in no time. Northbound trains offer connections at the Bloor-Danforth line, while southbound journeys will land passengers at Union Station, where they can connect with buses and trains leaving the city, as well as the UP service to Pearson International Airport.

    Drivers can reach the Gardiner Expressway via a quick ride south, from which they have access to the Don Valley Parkway to the east and the 427 to the west.

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    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    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
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Unit Sales vs Inventory

    Total number of units listed and sold in City Center - Toronto


    Days on Strata

    Units at One City Hall Place spend an average of
    27
    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
    compared to other buildings in City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    6.8
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 42 condos in the City Center - Toronto area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    69
    Units were Rented over the past twelve months

    Best Value Rank

    One City Hall Place offers the
    ?
    best value out of 42 condos in the City Center - Toronto neighbourhood

    Appreciation Rank

    One City Hall Place has the
    ?
    highest ROI out of 42 condos in the City Center - Toronto neighbourhood

    Rental Yield

    One City Hall Place yields the
    ?
    highest rent prices out of 42 condos in the City Center - Toronto neighbourhood

    High Demand

    One City Hall Place is the
    ?
    most popular building out of 42 condos in the City Center - Toronto neighbourhood

    Transaction Insights at 111 Elizabeth Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$503,000$614,000$716,000 - $775,000$838,000$890,000$1,825,000
    Avg. Cost Per Sqft$1,284$1,141$1,036$929$985$949
    Avg. Wait for Unit Availability97 Days56 Days43 Days306 Days477 Days1371 Days
    Ratio of Units in Building21%25%43%7%5%2%

    Maintenance Fees

    One City Hall Place vs The City Center - Toronto Area

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