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    2014 - 1001 Bay St

    $990,0002 bds2 ba1 pk1,316 sqft
    For Sale1001 Bay
    5.0
    76 Days on Strata
    $990,000
    2 Beds
    2 Bath
    1 Parking
    1,316 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $1,230/mth

    Taxes:

    $4,585 (2024)

    Cost Per Sqft:

    $752/sqft

    Outdoor Space:

    None

    Locker:

    Exclusive

    Exposure:

    South West

    Possession Date:

    Immediately

    Laundry:

    Ensuite

    Amenities

    Indoor Pool
    Rooftop Deck
    Squash Court
    Guest Suites
    Sauna
    Rec Room
    Gym Room
    Visitor Parking
    Indoor Parking
    Party Room
    Concierge

    About this Listing

    Welcome To An Expansive Open Concept Condo On The 20th Floor of Prestigious 1001 Bay. Located In Prime Area Of Bay Street In The Heart Of Downtown Toronto This 1,316 Sqft Unit Comes With A Very Large Primary Bedroom Complete With 4pc Ensuite Bath And Walk-In Closet And A Second Bedroom With Enough Space For A Queen Bed, Dresser And Desk For Private Work/Study Area. Look Out Oversized Floor To Ceiling Windows To A South West View. Enjoy An Updated Kitchen And Main Bathroom As Well As The Convenience Of One Underground Parking Space And One Exclusive Use Locker. Get Fit In The Recently Renovated 'Club 1001' - A Large Modern Exercise Area Includes An Indoor Pool, Whirlpool, Saunas, Squash Court, 2 On 2 Basketball, Cardio/Weights Room And Aerobic Room. This Well Managed Building Also Features: 24/7 Friendly And Helpful Experienced Security/Concierge, Visitor Parking, Roof Top Patio B.B.Q. Area On 2nd. Floor, Large Party Room With Kitchen And Dining Room. Walk To Subway, Financial District, Entertainment District, Waterfront, University Of Toronto/Metropolitan, Humber College, Hospitals, Restaurants, Shopping, Museums, Yorkville And More. Take The Subway Anywhere In Downtown In Minutes! Internet Also Included In the Main Fees. **EXTRAS** Existing: Stainless Steel Fridge, Stove, Hood Range, Dishwasher. Clothes Washer & Dryer. Management Is Considering Improving Common AreasTo Match The Finishes Of Club 1001.** Select Listing Photos Have Been Virtually Staged.**

    ExtrasExisting: All Appliances, All Window Coverings, All Electric Light Fixtures. Owned Parking (C-#68) Exclusive Use Locker (C-#371) . Hydro Is Metered Separately. The Heat Pump (Owned) And Hot Water Tank In the Unit Are the Owner's Responsibility.

    royal lepage real estate services ltd.MLS® #C11931416

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Electric

    Heating

    Heat Pump

    Room Dimensions

    Living

    Windows Floor to Ceiling, hardwood floor, Open Concept

    30.91 x 12.07ft

    Dining

    Combined with Living, Open Concept, hardwood floor

    30.91 x 12.07ft

    Primary

    4 Piece Ensuite, Walk-in Closet, Large Window

    17 x 16.18ft

    2nd Bedroom

    Large Window, Closet

    18.24 x 12.83ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Bay Street Corridor


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    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
    $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%


    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
    3%
    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

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    78
    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

    Market Insights

    Transaction Insights at 1001 Bay

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$620,000$558,000 - $710,000$950,000 - $1,065,000$800,000 - $1,006,000No DataNo Data
    Avg. Cost Per SqftNo Data$878$882$848$828No DataNo Data
    Avg. Wait for Unit Availability690 Days115 Days33 Days146 Days144 Days564 Days324 Days
    Ratio of Units in Building4%13%58%9%15%3%2%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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