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    Toronto / Downtown / Bay Street Corridor

    604 - 1001 Bay St

    For Sale1001 Bay
    $998,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,041 SQFT
    4 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,064/mth
    Taxes:
    $4,041 (2024)
    Cost Per Sqft:
    $959/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Large Window, Walkout To Sunroom
    25.56 x 11.58ft
    Dining
    Laminate, Large Window, Open Concept
    25.56 x 11.58ft
    Kitchen
    Ceramic Floor, Breakfast Bar, L-Shaped Room
    9.51 x 13.78ft

    About this Listing

    Located in the prestigious Bay Street Corridor, this beautifully renovated unit offers stunning panoramic views of Toronto's downtown core. Featuring 9-foot ceilings and sleek laminate flooring throughout, the residence boasts an expansive living space complemented by a bright solarium. The layout includes distinct living and dining areas, ideal for both relaxation and entertaining. The modern kitchen is fully equipped with premium appliances and features stylish breakfast bar. The primary bedroom offers a private ensuite bathroom, while the second bedroom, with its large window, is filled with natural light. Situated steps away from top-tier shops, schools, and renowned dining establishments, this property provides unparalleled access to Toronto's finest amenities. Bay and Bloor home to luxury boutiques and gourmet restaurants is just a short stroll away. The nearby Manulife Centre offers convenience with its high-end shops, Eataly, and grocery stores. Experience the pinnacle of urban living in Toronto's most dynamic and vibrant neighbourhood.

    ExtrasStove, S/S Fridge, S/S Dishwasher, Washer, Dryer, All Elfs, Blinds. Pet Friendly Building.

    re/max realtron yc realtyMLS® #C11941747

    Amenities

    Party Room
    Concierge
    Indoor Pool
    Visitor Parking
    Squash Court
    Rec Room

    Explore Neighbourhood

    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!

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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

    1001 Bay vs The Bay Street Corridor Area

    Building Trends At 1001 Bay

    Days on Strata

    Units at 1001 Bay spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    10.8
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    70
    Units were Rented over the past twelve months

    Best Value Rank

    1001 Bay offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    1001 Bay has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    1001 Bay yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    1001 Bay is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1001 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$620,000$580,000 - $710,000$950,000 - $1,065,000$800,000 - $1,006,000No DataNo Data
    Avg. Cost Per SqftNo Data$878$895$848$780No DataNo Data
    Avg. Wait for Unit Availability690 Days115 Days32 Days143 Days136 Days564 Days324 Days
    Ratio of Units in Building4%13%57%9%15%2%2%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor