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    7for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    21
    Number of Units:
    156
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    317 - 1,520 SQFT
    Unit Availability:
    Low

    Listing History for Elev’n Residences

    Receive listing updates for Bay Street Corridor

    Amenities

    Security System
    Rooftop Deck
    Party Room
    Sauna
    Indoor Parking
    Gym Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1121 Bay StreetElev’n Residences

    Situated at 1121 Bay Street on the corner of Bay and Charles, Elev’n Residences is a sleek condominium in the Bay Street Corridor. This 21-storey building is impressive inside and out — from its white concrete and Italian glass exterior, to its stunning oval shaped lobby with curved wood-panelled walls.

    This building offers a convenient list of amenities to match its convenient location: fitness centre, saunas, rooftop terrace, lounge, 24 hour concierge, and underground parking garage.

    Bay St condos for sale at Elev’n Residences are perfect for professionals who work downtown and want to live in a vibrant neighbourhood without a commute. This is also a great location for students, due to its close proximity to the University of Toronto.

    The Suites

    1121 Bay Street is home to 156 downtown Toronto condos, laid out in variety of different floor plans for 1 bedroom, 1 bedroom + den, 2 bedroom, and 2 bedroom+ den condos. Suite sizes that range from the mid 400s to over 1400 square feet for a penthouse.

    All suites at Elev’n residences have 9 and 10 foot ceilings, wide-plank hardwood floors, panoramic floor to ceiling windows, and mosaic backsplashes in the kitchen.

    The Neighbourhood

    A word of warning — if you suffer from “fear of missing out” this neighbourhood might break you, because there is absolutely no way that you can take part in every activity in the area; although, it might be a lot of fun to try. What's more, the exciting Yonge and Bloor neighbourhood is just steps away, affording residents with immediate access to shopping, dining, entertainment, and convenient stores for all of the essentials.

    With a condo in Elev’n Residences, you are at ground zero for shopping — to the north you have Bloor and Yorkville upscale boutiques like Prada, Gucci and Louis Vuitton. You also have options like Winners for finding hidden gems in the racks. Head south on Yonge and you will arrive at the Eaton Centre — home to hundreds of stores for the best in technology and fashion. Plus, there are an assortment of boutiques along Yonge, so your only limitation will be your bank balance.

    Deciding where to eat is always difficult — that will not get easier here, but it is a good problem to have. There are dining options nearby to suit all palates; for international cuisines there is the Ethiopian House, Tokyo Sushi, Segovia restaurant, plus a long list of restaurants from every corner of the world. And if you’re too lazy or too busy to cook and just want something fast; you have McDonald’s, Subway, KFC, and Slab Burgers, just outside your front door.

    Weekends are always exciting in the Yonge and Bloor neighbourhood. Culture seekers and history buffs can stroll down Bloor to the Royal Ontario Museum and the Gardiner Museum, or enjoy the sights of the historic St. George Campus. For movie nights there is a nearby Cineplex on Bloor where you can watch an independent film or a hyped blockbuster. Music fans can see the latest up and comers at Massey Hall or the Phoenix Concert Theatre, and of course you're only a short subway ride from the Scotiabank Arena for larger acts.

    When nighttime rolls around you may desire a lively bar like the Artful Dodger Pub, or for something swankier there’s Aji Sai Plus Resto Lounge. Yonge Street is home to many cozy pubs and bustling dance clubs, so residents of 1121 Bay will surely find a scene that suits them.

    Getting groceries is easy at Elev’n Residences as Rabba Fine Foods and Bloor Street Market are less than a 2 minute walk from your front door. For morning coffee, there's a Starbucks next door and Aroma Espresso Bar across the street. And for a dose of nature, Queen’s Park has all the green grass you could need to kick back and relax.

    Transportation

    With a Walk Score of 99, residents will have no trouble running errands without relying on public transit or a vehicle.

    For those who do require TTC service, there are buses on Bay and Bloor-Yonge Station is a short walk from your building, placing you on the Yonge-University subway line.

    Drivers can reach the nearest highways by heading east on Bloor to the Danforth on-ramp for the Don Valley Parkway, and south on Yonge for the Gardiner Expressway.

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    Explore Bay Street Corridor

    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
    The bike lane starts to feel like a second home.

    Similar condos

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    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%

    Maintenance Fees

    Elev’n Residences vs The Bay Street Corridor Area

    Days on Strata

    Units at Elev’n Residences spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    6.7
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    Elev’n Residences offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Elev’n Residences has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Elev’n Residences yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Elev’n Residences is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1121 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$527,500$575,000No Data$1,178,000No Data
    Avg. Cost Per Sqft$1,099$1,088No Data$1,000No Data
    Avg. Wait for Unit Availability361 Days165 Days78 Days1488 DaysNo Data
    Ratio of Units in Building26%24%49%3%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor