Maintenance Fees
U Condominium vs The Bay Street Corridor Area
4508 - 1080 Bay St
$1,188,8882 bds2 ba1 pk896 sqft
For SaleU Condominium
4.7
70 Days on Strata
$1,188,888
2 Beds
2 Bath
1 Parking
896 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$745/mth
Taxes:
$5,308 (2024)
Cost Per Sqft:
$1,327/sqft
Outdoor Space:
Terrace
Locker:
Owned
Exposure:
North West
Possession Date:
Vacant
Laundry:
Ensuite
Amenities
BBQs Allowed
Rec Room
Indoor Parking
Security System
Sauna
Concierge
Party Room
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
Welcome to the iconic U Condos! This bright and spacious 2-bedroom, 2-bathroom unit offers 896 sq ft of interior living space plus a 277 sq ft balcony with breathtaking views. Featuring a split-bedroom layout for optimal privacy, a sleek modern kitchen with a large island perfect for entertaining, and floor-to-ceiling windows that fill the space with natural light, this home blends style and functionality. Steps from U of T, Yorkville's upscale shops, dining, and transit, the location is unbeatable. Enjoy world-class amenities, including a rooftop terrace, fitness center, yoga studio, library, and 24-hour concierge service. The unit includes 1 parking space conveniently located near the elevator and 1 locker for extra storage. Don't miss this opportunity to live in one of Toronto's most prestigious neighborhoods!
chestnut park real estate limitedMLS® #C11942270
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
Gas
Heating
Forced Air
Room Dimensions
Dining
Open Concept, Walkout To Balcony
18.9 x 16.37ft
Living
Combined with Living
18.9 x 16.37ft
Kitchen
Open Concept, Built-in Appliances
18.9 x 16.37ft
Bedroom
4 Piece Ensuite, Window
11.65 x 9.78ft
2nd Bedroom
Window, Closet
10.2 x 9.45ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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
Household Income
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%
Building Trends At U Condominium
Days on Strata
Units at U Condominium spend an average of
43
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 an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
4.2
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
277
Units were Rented over the past twelve months
Best Value Rank
U Condominium offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
U Condominium has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
U Condominium yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
U Condominium is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at U Condominium
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $469,000 | $770,000 | $895,000 - $1,043,000 | $1,100,000 - $1,398,000 | No Data | No Data | $2,718,000 - $4,200,000 |
| Avg. Cost Per Sqft | $1,298 | $1,431 | $1,573 | $1,463 | No Data | No Data | $1,136 |
| Price Range | $1,925 - $2,550 | $2,250 - $3,200 | $2,500 - $3,450 | $2,700 - $4,500 | $5,500 - $7,800 | $6,300 | $10,000 |
| Avg. Wait for Unit Availability | 49 Days | 26 Days | 21 Days | 18 Days | 79 Days | 167 Days | 195 Days |
| Avg. Wait for Unit Availability | 9 Days | 5 Days | 5 Days | 5 Days | 37 Days | 326 Days | 501 Days |
| Ratio of Units in Building | 12% | 26% | 26% | 30% | 5% | 2% | 2% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
