One Thousand Bay
4Listings for Salefor Sale
6Listings for Rentfor Rent
1000 Bay St & 57 St Joseph St
One Thousand Bay
4Listings for Salefor Sale
6Listings for Rentfor Rent
Walk Score
99
Transit Score
99
Bike Score
75
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo
Developer
Cresford Developments
Condo Completion
2016
Property Management
Crespro Property Management
Unit Size Range
258 - 1299 SQFT
Number of Units
458
Number of Storeys
32

1000 Bay St, Toronto

About this condo

Condo Overview

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 1000 Bay Street and 57 St. Joseph Street, this development by Cresford is contemporary architecture at its most impressive — creative, resourceful and luxurious.

Completed in 2016, the 1 Thousand Bay Condos consist 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, 1000 Bay and 57 St. Joseph residents 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, 1 Thousand Bay Condos’ 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 the 1 Thousand Bay Condos are 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.

4

Listings For Sale

Interested in receiving new listings for sale?

6

Listings For Rent

Interested in receiving new listings for rent?

Amenities

Visitor Parking
Party/Meeting Room
Games Room
Underground Parking
Gym
Guest Suites
Indoor Pool
Concierge
Rooftop Deck/Garden
Outdoor Pool

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
One Thousand Bay vs The Bay St. Corridor Area

$390.00
More Expensive
per SQFT compared to the neighbourhood average
One Thousand Bay's Avg
price per SQFT
$1,499
/ SQFT
Neighbourhood Avg
price per SQFT
$1,109
/ SQFT

Building Trends At One Thousand Bay

Days on Market

Units at One Thousand Bay spend an average of
19
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 an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
5.2
YEARS before being sold again

Property Value

1%
Increase in property value within the past twelve months

Price Ranking

4th
Highest price per SQFT out of 31 condos in the Bay St. Corridor area

Sold Units

33
Units were Sold over the past twelve months

Rented Units

168
Units were Rented over the past twelve months

Best Value

One Thousand Bay offers the
?
best value out of 31 condos in the Bay St. Corridor neighbourhood

Return on Investment

One Thousand Bay has the
?
highest ROI out of 31 condos in the Bay St. Corridor neighbourhood

Rental Yield

One Thousand Bay yields the
?
highest rent prices out of 31 condos in the Bay St. Corridor neighbourhood

High Demand

One Thousand Bay is the
?
most popular building out of 31 condos in the Bay St. Corridor neighbourhood

Sales vs Rental Values For This Condo

Studio258 - 500 SQFT
Average Cost Per Sqft$1,706
Sales Price Range$480,000 - $599,600
Rental Price Range$1,350 - $2,300
1 Bed320 - 1099 SQFT
Average Cost Per Sqft$1,600
Sales Price Range$556,000 - $700,000
Rental Price Range$1,300 - $2,650
1 Bed + Den500 - 774 SQFT
Average Cost Per Sqft$1,424
Sales Price Range$648,000 - $885,000
Rental Price Range$1,600 - $2,950
2 Bed733 - 865 SQFT
Average Cost Per Sqft$1,415
Sales Price Range$955,000 - $1,150,000
Rental Price Range$2,350 - $3,900
2 Bed + Den849 - 1299 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$2,400 - $3,990
3 Bed831 - 943 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$3,000 - $4,350
3 Bed + Den802 - 999 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$3,000 - $4,875

How Often Are Units Listed?

Studio258 - 505 SQFT
Average Sales Availability
Every62Days
Average Rental Availability
Every17Days
Ratio of Unit Type in Building18%
1 Bed307 - 1099 SQFT
Average Sales Availability
Every36Days
Average Rental Availability
Every9Days
Ratio of Unit Type in Building33%
1 Bed + Den500 - 849 SQFT
Average Sales Availability
Every52Days
Average Rental Availability
Every11Days
Ratio of Unit Type in Building28%
2 Bed733 - 949 SQFT
Average Sales Availability
Every83Days
Average Rental Availability
Every25Days
Ratio of Unit Type in Building15%
2 Bed + Den849 - 1299 SQFT
Average Sales Availability
Every194Days
Average Rental Availability
Every79Days
Ratio of Unit Type in Building3%
3 Bed831 - 1099 SQFT
Average Sales Availability
N/A
Average Rental Availability
Every143Days
Ratio of Unit Type in Building3%
3 Bed + Den802 - 1099 SQFT
Average Sales Availability
Every243Days
Average Rental Availability
Every81Days
Ratio of Unit Type in Building4%

Maintenance Fees
One Thousand Bay vs The Bay St. Corridor Area

$0.09
Less Expensive
per SQFT compared to the neighbourhood average
One Thousand Bay's Avg
monthly maintenance
fee per SQFT
$0.68
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.77
/ SQFT

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