pin_buy570 Bay St
0Listings for Salefor Sale
0Listings for Rentfor Rent
building_buyMotion
pin_buy570 Bay Stexpand addresses list
    building_buyMotion
    0Listings for Salefor Sale
    0Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    8/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    N/A
    Unit Availability
    low
    Property Type
    Condo
    Developer
    Concert Properties
    Condo Completion
    2013
    Property Management
    Unknown
    Unit Size Range
    382 - 1415 SQFT
    Number of Units
    463
    Number of Storeys
    29

    570 Bay St, Toronto

    About this condo

    Condo Overview

    Building a condo at the corner of Bay and Dundas is no easy feat — prospective buyers expect nothing shy of the best when shopping for Toronto condos for sale in the heart of the downtown core. Thankfully, Concert Properties Ltd. stepped up their game when building Motion in 2013. The developer still manages the building to this day, and even offers an Concert On-Call service that can be used by residents 24/7.

    Concert contracted IBI Group to design the building at 570 Bay Street, while NAK Design Group took on the landscape architecture. The result is an ultramodern 29-storey structure with black and white rectangular details and plenty of glass. While Motion certainly isn’t amongst the tallest condos in the city, its sizeable footprint means there’s space for just shy of 500 downtown Toronto condos inside.

    Those more concerned with carbon footprints will also be satisfied with the measures taken by the developers and architects behind Motion. Not only did the building receive a gold certification from LEED, it also aims to adhere to a high level of voluntary standards set by Toronto Green Standard.

    And now that we’ve covered the building’s dedication to combating climate change, it’s time to move onto the good stuff. Residents living at 570 Bay have an array of amenities at their disposal, which we’ll go ahead and list in no particular order.

    The building is equipped with a party room, cinema, library, multiple common terraces — some with barbecues — a games room, a business centre, and a gym. Residents can also make use of the building’s bicycle parking and storage lockers, plus there are even some parking spaces for Zipcars in the garage. And for added convenience, there’s nearly 12,000 square feet of retail space on the ground level of Motion.

    The Suites

    With 463 Toronto condos spread throughout the building, it shouldn’t be all that surprising to hear that there’s a great deal of variation from home to home. The building is outfitted with studios, one bedroom, one plus den, two bedroom, and two bedroom plus den units. That said, a great deal of the homes are studio or one bedroom suites, meaning larger units may not appear on the market as often as smaller ones.

    Many suites at Motion also boast private outdoor spaces, in the form of balconies or terraces. Layouts are generally open concept, with some kitchens even boasting sizeable islands, and energy efficient appliances are the norm throughout the building.

    The Neighbourhood

    Motion is a name that perfectly sums up the atmosphere of Toronto’s City Centre neighbourhood: residents quickly find that the area around them seems to never stop moving.

    The first thing prospective buyers will probably notice about the area is that the Eaton Centre is right across the street. Shoppers can spend entire days meandering around the seemingly endless shops inside, and of course the mall also contains plenty of restaurants.

    Those looking to immerse themselves in some culture during their free time have a number of options within walking distance. Residents living at 570 Bay never need to worry about finding a parking spot when attending events at venues like the Four Seasons Centre for the Performing Arts, Massey Hall, or the Elgin and Winter Garden Theatre Centre. And to top it all off, the Ryerson Image Centre and the Art Gallery of Ontario are also both just a 10-minute walk away from Motion.

    Transportation

    Traveling to and from 570 Bay is simple, thanks to its central location in downtown Toronto. Living right at the intersection of Bay and Dundas means quick and easy access to buses heading north and south along the former and streetcars moving east and west on the latter.

    Reaching the subway also takes no time at all: Dundas Station is a 4-minute walk away from 570 Bay. From there, residents can hop onto trains moving north or south along the Yonge line.

    Those with cars of their own will have to get used to the congested roads of the downtown core, however they’ll quickly learn some tricks for navigating the immediate area. For example, those heading out on longer journeys can use Bay to reach the Gardiner Expressway—a fast-paced highway that carries cars east and west along the southern edge of the city.

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    Amenities

    Games Room
    Recreation Room
    Gym
    Party/Meeting Room
    Media Room

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Motion vs The City Centre Area

    $0.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Motion's Avg
    price per SQFT
    $0
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $0
    / SQFT

    Building Trends At Motion

    Days on Market

    Units at Motion spend an average of
    N/A
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a

    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 36 condos in the City Centre area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value

    Motion offers the
    ?
    best value out of 36 condos in the City Centre neighbourhood

    Return on Investment

    Motion has the
    ?
    highest ROI out of 36 condos in the City Centre neighbourhood

    Rental Yield

    Motion yields the
    ?
    highest rent prices out of 36 condos in the City Centre neighbourhood

    High Demand

    Motion is the
    ?
    most popular building out of 36 condos in the City Centre neighbourhood

    Sales vs Rental Values For This Condo

    Studio400 - 455 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$1,785 - $1,950
    1 Bed549 - 645 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$1,935 - $2,800
    2 Bed841 - 955 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,950 - $3,200

    How Often Are Units Listed?

    Studio400 - 455 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every165Days
    Ratio of Unit Type in Building20%
    1 Bed549 - 645 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every171Days
    Ratio of Unit Type in Building46%
    1 Bed + Den
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building6%
    2 Bed841 - 955 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every116Days
    Ratio of Unit Type in Building24%
    2 Bed + Den
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building2%
    3 Bed
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building4%

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