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1106 - 887 Bay Street

Bay St. Corridor, Downtown, Toronto

For SaleOpera Place I Condos

$939,888

Price Cut: $995,888

2 Beds

2 Bath

1 Parking

1,035 SQFT

124 Days on Strata

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$908/sqft

Maintenance Fees:

$1,022/mth

Taxes:

$4,118 (2023)

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South West

Possession Date:

January 31, 2024

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Hydro

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

None

Unit Details

Air Conditioning: Central Air
Heat Source: Gas
Heating: Fan Coil
Ensuite Laundry: Yes

Room Dimensions

Foyer

Ceramic Floor, Mirrored Closet

6.23 x 5.09ft

Living

Laminate, Walkout To Balcony, Sw View

12.4 x 10.37ft

Dining

Laminate, Walkout To Balcony, Combined with Living

12.6 x 9.45ft

About this Listing

*Just Freshly Re-painted *1,035 Square Feet (As per MPAC Floor Area Report) Large 2 Split Bedrooms (Not Next To Each Other = More Privacy) *South-West Cornet Unit, 2 @ 4 Pc Full Bath Rooms *1 Parking & 1 Locker *Unobstructed West View *Large Ensuite Laundry Room *Updated Kitchen with Granite Counters, Laminate Floors Through Out *Famous Opera Place in Downtown Core *Walk to Subway Stations, U of T, Hospitals, Shopping Malls, Stores, Theaters, Queens Park & All Other Amenities ***Don't Use Washrooms ***Must Shoe Off ***Follow all COVID Protocol

Extras*Fridge, Stove, Dishwasher, Stacked Washer & Dryer, All electric Light Fixtures, All Window Blinds ***Do Not Use Washrooms ***Must Shoe Off ***Follow all COVID Protocol

sincere realty inc.MLS® #C7375126

Amenities

Indoor Parking

Gym Room

Party Room

Media Room

Rec Room

Security System

Nearby Amenities

9/10

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

15,057

Average Individual Income

$63,504

Average Household Size

3 persons

Average Age

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

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

74%

Mandarin

13%

Cantonese

Tagalog

Telugu

Arabic

Hindi

Spanish

Education

University and Above

46%

High School

20%

College

15%

None

12%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

25%

Architecture & Engineering

20%

Health & Related Fields

11%

Social Sciences

11%

Math & Computer Sciences

10%

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Price Trends

Building Trends At Opera Place I Condos

Days on Strata

Units at Opera Place I Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the 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

6.9

YEARS before being sold again

Property Value

-12%

Decrease in property value within the past twelve months

Price Ranking

27th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Opera Place I Condos offers the

best value out of 34 condos in the Bay St. Corridor neighbourhood

Appreciation Rank

Opera Place I Condos has the

highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

Rental Yield

Opera Place I Condos yields the

highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

High Demand

Opera Place I Condos is the

most popular building out of 34 condos in the Bay St. Corridor neighbourhood

Transaction Insights at 887 Bay Street

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	No Data	$680,000 - $695,000	$880,000 - $1,025,000	No Data
Avg. Cost Per Sqft	No Data	$972	$898	No Data
Price Range	$2,200 - $2,700	$2,400 - $2,900	$3,400 - $3,700	$3,800
Avg. Wait for Unit Availability	151 Days	223 Days	232 Days	532 Days
Avg. Wait for Unit Availability	26 Days	99 Days	61 Days	565 Days
Ratio of Units in Building	50%	19%	26%	6%

Maintenance Fees

Opera Place I Condos vs The Bay St. Corridor Area

1106 - 887 Bay Street

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At Opera Place I Condos

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 887 Bay Street

Maintenance Fees

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