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    Toronto / Downtown / Bay Street Corridor

    1402 - 1121 Bay St

    For RentElev’n Residences
    $1,400/mth
    Price Cut: $1,700
    1 Bed
    1 Bath
    0 Parking
    1,000 SQFT
    39 Days on Strata
    Est Lease Timeframe
    22 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    ***SHARED CONDO UNITS***Located In The Core Of Downtown Toronto. Close To Everything Including U Of T, Yorkville, Manulife Centre, Shops, Restaurants, Hospitals And So On. 24Hr Concierge. Unique Rooftop Terrace. Gym. Starbucks On Ground Floor. Walking Distance To TTC Subway. Heat & Hydro & Water Included. Internet is not included. This is 3 bed 2 bath units. Parking is available upon request. Primary bedroom has been leased By Female Tenants. Therefore, Landlord is preferred the Female Tenants for another 2 rooms.

    dream home realty inc.MLS® #C9398305

    Amenities

    Gym Room
    Sauna
    Party Room
    Visitor Parking
    Media Room
    Guest Suites

    Explore Neighbourhood

    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Elev’n Residences vs The Bay Street Corridor Area

    Building Trends At Elev’n Residences

    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%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor