Polo Club I Condos
2Listings for Salefor Sale
2Listings for Rentfor Rent
1055 Bay St
Polo Club I Condos
1055 Bay Stexpand addresses list
    2Listings for Salefor Sale
    2Listings for Rentfor Rent
    Walk Score
    99
    Transit Score
    97
    Bike Score
    74
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Tridel
    Condo Completion
    1987
    Property Management
    Maple Ridge Community Management
    Unit Size Range
    400 - 1200 SQFT
    Number of Units
    335
    Number of Storeys
    22

    1055 Bay St, Toronto

    About this condo

    Condo Overview

    The Polo Club I Condos is a veteran in the world of residential buildings — it’s been around since 1987. While some prospective buyers flock to modern, sleek glass towers for obvious reasons, it can also be beneficial to live in a building that’s had some time to work out any kinks.

    In any case, the condos at 1055 Bay Street manage to feel quite contemporary, despite their construction date. Tridel Developments was behind the creation of the 22-storey glass and brick structure, which houses 355 downtown Toronto condos.

    The building must have been popular back in the day, since a second followed suit in 1988. The sister building of the Polo Club I Condos, Polo Club II Condos, is located just around the corner, at 44 Saint Joseph Street.

    But back to the Polo Club I: the lineup of amenities available for residents is certainly as impressive as many of its contemporary neighbours. Those living at 1055 Bay Street can forgo paying for a gym membership, thanks to the building’s gym, squash court, sauna, and hot tub. Residents can also gather — with each other or with their guests — in the party room or on the common rooftop terrace. Other added bonuses include a security guard onsite as well as a parking garage.

    The Suites

    The homes at 1055 Bay Street range in both size and style, allowing Bay St condos for sale in this building to suit the needs of all sorts of buyers. While 500 square foot junior one bedrooms might appeal to young, first-time buyers, larger suites span up to 1,200 square feet and feature two bedrooms plus a den.

    Aesthetically, the Polo Club I Condos are elegant and bright. Floor-to-ceiling, wall-to-wall windows usher in warm sunlight during the daytime, in both the principal rooms and the bedrooms. And thanks to the high-rise status, residents living on upper levels can enjoy watching the commotion of the city from the serenity of one’s own home.

    The Neighbourhood

    Naturally, the Bay St. Corridor is a huge selling point for these units. Located in the true centre of the city, residents have their pick of how to spend their weekends.

    Just to the north of 1055 Bay Street, the elegant streets of Yorkville await. Beginning on Bloor and taking over the blocks just north, designer boutiques become unavoidable. While some may prefer to window shop at Gucci and Chanel, other more affordable stores — thankfully — intermingle with their luxurious neighbours.

    A walk through the University of Toronto Campus is yet another way to spend a sunny afternoon. Philosopher’s Walk is a favourite for taking a rest, as this bench-heavy path feels too calm to exist in the middle of a metropolitan city like Toronto. Alternatively, bad weather may call for indoor activities. Residents of the Polo Club I Condos are in luck, as the Royal Ontario Museum and the Gardiner Museum, as well as the University’s very own art gallery, are all within walking distance.

    Even something as simple as picking up groceries becomes Sophie’s choice for residents. The expansive Loblaws at Church and Carlton is always a solid choice, while those looking for true opulence in a grocery store will find themselves at ease at the Pusateri’s on Yorkville Avenue. And as for the health-conscious ones, a mammoth Whole Foods is located in the area as well, just north of Bloor on Avenue Road.

    Transportation

    Living just moments from Yonge Street has its perks — and transportation is one of them. The Polo Club I Condos are equidistant to two subway stops: Wellesley station on the Yonge line, and Bloor-Yonge station that connects the Bloor-Danforth and Yonge lines. Regardless of which station one chooses, both of these will take about seven minutes to reach on foot.

    In about 12 minutes, residents can reach Union Station. From here, those traveling out of the city can catch a GO bus or train, or a VIA Rail train. Toronto’s two airports are also easily accessible from 1055 Bay Street. Pearson will take about 45 minutes to reach when using the TTC and UP services, while drivers can make the journey in just under 30 minutes. Those flying Porter can head over to Billy Bishop Toronto City Airport in around the same amount of time.

    As for those who prefer to get some exercise in while they traverse the streets of Toronto, the building is certainly well situated for cyclists. Bloor and Wellesley are ideal routes for heading east and west via bicycle, while Sherbourne and Bay will carry bikers safely north and south.

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    Listings For Sale

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    2

    Listings For Rent

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    Amenities

    Recreation Room
    Party/Meeting Room
    Squash Racquet Court
    Security System
    Gym
    Concierge
    Business Centre
    Visitor Parking
    BBQ
    Underground Parking
    Indoor Pool
    Rooftop Deck/Garden
    Sauna

    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
    Polo Club I Condos vs The Bay St. Corridor Area

    $167.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Polo Club I Condos's Avg
    price per SQFT
    $942
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,109
    / SQFT

    Building Trends At Polo Club I Condos

    Days on Market

    Units at Polo Club I Condos spend an average of
    25
    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
    12.3
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 31 condos in the Bay St. Corridor area

    Sold Units

    21
    Units were Sold over the past twelve months

    Rented Units

    55
    Units were Rented over the past twelve months

    Best Value

    Polo Club I Condos offers the
    ?
    best value out of 31 condos in the Bay St. Corridor neighbourhood

    Return on Investment

    Polo Club I Condos has the
    ?
    highest ROI out of 31 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    Polo Club I Condos yields the
    ?
    highest rent prices out of 31 condos in the Bay St. Corridor neighbourhood

    High Demand

    Polo Club I Condos is the
    ?
    most popular building out of 31 condos in the Bay St. Corridor neighbourhood

    Sales vs Rental Values For This Condo

    Studio499 - 549 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$1,350 - $2,000
    1 Bed430 - 702 SQFT
    Average Cost Per Sqft$982
    Sales Price Range$516,000 - $617,000
    Rental Price Range$1,500 - $2,400
    1 Bed + Den494 - 1100 SQFT
    Average Cost Per Sqft$951
    Sales Price Range$550,000 - $830,000
    Rental Price Range$1,550 - $2,750
    2 Bed900 - 1200 SQFT
    Average Cost Per Sqft$867
    Sales Price Range$755,000 - $929,000
    Rental Price Range$2,400 - $3,850
    2 Bed + Den903 - 993 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,150 - $2,350

    How Often Are Units Listed?

    Studio400 - 549 SQFT
    Average Sales Availability
    Every275Days
    Average Rental Availability
    Every246Days
    Ratio of Unit Type in Building8%
    1 Bed430 - 900 SQFT
    Average Sales Availability
    Every100Days
    Average Rental Availability
    Every69Days
    Ratio of Unit Type in Building25%
    1 Bed + Den492 - 1180 SQFT
    Average Sales Availability
    Every50Days
    Average Rental Availability
    Every25Days
    Ratio of Unit Type in Building50%
    2 Bed900 - 1200 SQFT
    Average Sales Availability
    Every269Days
    Average Rental Availability
    Every96Days
    Ratio of Unit Type in Building11%
    2 Bed + Den903 - 993 SQFT
    Average Sales Availability
    Every238Days
    Average Rental Availability
    Every320Days
    Ratio of Unit Type in Building8%

    Maintenance Fees
    Polo Club I Condos vs The Bay St. Corridor Area

    $0.09
    More Expensive
    per SQFT compared to the neighbourhood average
    Polo Club I Condos's Avg
    monthly maintenance
    fee per SQFT
    $0.86
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.77
    / SQFT

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