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    Toronto / Downtown / Bay Street Corridor

    1606 - 3 Gloucester St

    For Rent The Gloucester on Yonge
    5.0
    $2,400/mth
    Price Cut: $2,550
    1 Bed
    1 Bath
    0 Parking
    500 - 599 SQFT
    12 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    March 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony
    22.84 x 9.42ft
    Dining
    Combined with Living
    22.84 x 9.42ft
    Kitchen
    Open Concept, Breakfast Bar, Track Lights
    7.87 x 5.91ft

    About this Listing

    Convenient Yonge/Wellesley Location, Unobstructed East View, 9' Ceiling, Floor to Ceiling Windows wrap w/Natural Lights, Functional & Spacious Layout, U-Shaped Kitchen allows Ample Counter Top & Storage cabinet, Breakfast Bar for Dining, Laminate Flooring Thu'out, $$$ Upgrades: *** STORAGE LOCKER INCLUDED ***, *** TV Mount in Living ***, *** Under Cabinet Light in Kitchen ***, *** Ceiling Light above Bathtub ***, *** Bedroom w/Ceiling Light Outlet ***, Touchless Building Entry And Elevator E-Calling Technology, Convenient Access to Wellesley Subway, Close Proximity To U of T, Metropolitan U, Financial District, Shopping, Banks, Grocery, Restaurants, And Many More...

    Extras*** STORAGE LOCKER INCLUDED ***, 24/7 Concierge, Amenities w/Zero Edge Outdoor Pool, Fitness Centre/Gym, Guest Suites, Theatre, Recreation Room, Kitchen, Lounge, Meeting Room, Library, ***No Pets & Non-Smokers Pls Per Landlord***.

    right at home realtyMLS® #C11931109

    Amenities

    Party Room
    Media Room
    Concierge
    Security System
    Indoor Parking
    Outdoor Pool

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

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    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
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    The Gloucester on Yonge vs The Bay Street Corridor Area

    Building Trends At The Gloucester on Yonge

    Days on Strata

    Units at The Gloucester on Yonge spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

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

    Property Value

    -23%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    140
    Units were Rented over the past twelve months

    Best Value Rank

    The Gloucester on Yonge offers the
    ?
    N/A
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Gloucester on Yonge has the
    ?
    N/A
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Gloucester on Yonge yields the
    ?
    N/A
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Gloucester on Yonge is the
    ?
    N/A
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1-3 Gloucester Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$593,000$533,000No Data$988,000 - $1,528,000$835,000No Data
    Avg. Cost Per Sqft$1,443$1,464No Data$1,410$1,300No Data
    Avg. Wait for Unit Availability36 Days32 Days20 Days126 Days545 DaysNo Data
    Ratio of Units in Building10%29%25%28%8%3%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor