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    One Thousand Bay
    by Cresford Developments

    57 St Joseph Street & 1000 Bay Street

    2for Sale
    17for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    32
    Number of Units:
    458
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    273 - 1,399 SQFT
    Unit Availability:
    Medium
    Property Management:
    Crespro Property Management

    Listing History for One Thousand Bay

    Amenities

    Gym Room
    Rooftop Deck
    Games Room
    Visitor Parking
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 57 St Joseph StreetOne Thousand Bay

    Anyone with a vested interest in the condo market who has heard Peter Clewes’s name will know what we mean when we say the 1 Thousand Bay Condos best characterize his work as the principal designer at ArchitectsAlliance. At 57 St Joseph Street, this development by Cresford is contemporary architecture at its most impressive — creative, resourceful and luxurious.

    Completed in 2016, this property consists of a 32-storey tower that rises beside a shorter structure – the top of the latter serving as a beautiful and spacious common rooftop terrace. At street level, the 4-storey lobby gives a grand impression, though its tower is truly captivating. Playing with the idea of place — 1000 Bay and 57 St Joseph being such a distinguished location — the varied depths of the tower’s balconies seem to stagger, so that the condos illustrate a playful richness.

    Indeed, residents here enjoy their building’s abundance of amenities. With the exception of a 24-hour concierge service, the amenities are housed on the same upper floor. There’s a state-of-the-art fitness centre with a yoga studio and change rooms attached, in addition to a multimedia theatre, a games room, a lounge, and a party room.

    The best part of this amenities area is that it opens out onto that aforementioned common rooftop terrace. Containing a barbecue deck, an outdoor dining space with a fireplace, a garden, a yoga deck, and a pool — this building's magnificent rooftop terrace gives residents a vibrant escape, deep within the Core of the city.

    The Suites

    There are 458 Toronto condos inside the 1 Thousand Bay Condos. Ranging in size from approximately 300 to 1,350 square feet, there are studios plus one, two, and even three bedroom suites with the option of a den as well.

    Regardless of size, Cresford and ArchitectsAlliance ensure each suite proves to be luxurious and comfortable. Floor-to-ceiling windows and smart floor plans featuring high, smooth ceilings means every suite feels fresh and bright. Furthermore, every suite features its own balcony, extending living space even further.

    Lastly, all the suites’ finishes are modern and sophisticated, so anyone who's looking for downtown Toronto condos for sale and is keen on a fixer upper, will need to look elsewhere. The suites feature designer engineered hardwood floors throughout all living areas. Open concept kitchens include either natural stone or quartz countertops (with a generous island included in many floor plans) and European-style stainless steel kitchen appliances integrated in stylish contemporary cabinetry with alluring ceramic backsplashes.

    The Neighbourhood

    Located in the Bay St. Corridor and the Discovery District, at the edge the University of Toronto’s St. Michael’s College Campus, there’s a long history of brilliant theories and discoveries made in the 1 Thousand Bay Condos’ neighbourhood – perhaps fostered by its vibrant fare as much as by its many research libraries. It’s also easy for residents to enjoy an active social life in the neighbourhoods surrounding 1000 Bay and 57 St Joseph.

    Between the Financial District’s office buildings on Bay, Yorkville’s upscale boutiques, and a wide selection of affordable stores on Yonge Street, some charming restaurants and bars are tucked away on St. Joseph, which have been serving the neighbourhood’s distinguished demographic for years. Conversely, St. Joseph leads to the massive Queens Park, providing a wealth of green space filled with majestic, mature trees.

    Transportation

    Being so close to the University of Toronto means this condominium is very well served by public transit. Featuring distinctive sculptural accents — inspired by the nearby Royal Ontario and Gardiner Museums — Museum Station is very convenient. Only a short walk from 1000 Bay and 57 St Joseph, it sits on the Yonge-University-Spadina subway line whose trains carry travelers south to Union Station in a few minutes or north to the Bloor-Danforth line even faster.

    Last but not least, those who prefer to drive are well positioned. In additional to Bay Street, these condos are close to major city arteries like Bloor Street, and College/Carlton Street. For destinations outside the city, heading east on Bloor Street takes drivers to the Don Valley Parkway in no time.

    2

    Listings For Sale

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    17

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    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
    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
    $62,581
    Average Household Size
    0 persons
    Average Age
    2
    Average Household Income
    $102,398
    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
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages
    Arabic
    1%
    Tagalog
    1%
    Mandarin
    9%
    Cantonese
    5%
    Korean
    1%
    Tamil
    1%
    English
    38%
    Other
    44%
    Education
    High School
    20%
    Apprenticeship
    2%
    University and Above
    46%
    College
    15%
    University Below Batchelor
    2%
    None
    12%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    20%
    Humanities
    6%
    Physical Sciences
    5%
    Math & Computer Sciences
    10%
    Social Sciences
    11%
    Education
    3%
    Visual & Performing Arts
    3%
    Business Management
    25%

    Price Trends

    Building Trends At One Thousand Bay

    Days on Strata

    Units at One Thousand Bay spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    92
    Units were Rented over the past twelve months

    Best Value Rank

    One Thousand Bay offers the
    ?
    best value out of 34 condos in the Bay St. Corridor neighbourhood

    Appreciation Rank

    One Thousand Bay has the
    ?
    highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    One Thousand Bay yields the
    ?
    highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

    High Demand

    One Thousand Bay is the
    ?
    most popular building out of 34 condos in the Bay St. Corridor neighbourhood

    Transaction Insights at 57 St Joseph Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$550,000 - $560,000$541,000 - $700,000$808,000 - $882,500$980,000$982,000No DataNo Data
    Avg. Cost Per Sqft$1,465$1,406$1,521$1,287$814No DataNo Data
    Avg. Wait for Unit Availability76 Days46 Days54 Days90 Days628 Days437 Days243 Days
    Ratio of Units in Building17%33%29%14%3%3%5%

    Maintenance Fees

    One Thousand Bay vs The Bay St. Corridor Area

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