Maintenance Fees
U Condominium vs The Bay Street Corridor Area
506 - 1080 Bay St
$2,8001 bd1 ba0 pk600 - 699 sqft
For RentU Condominium
4.7
35 Days on Strata
$2,800/mth
1 Bed + 1
1 Bath
0 Parking
600 - 699 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
Vacant
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
West
Locker:
None
Amenities
BBQs Allowed
Rec Room
Indoor Parking
Security System
Sauna
Concierge
Party Room
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
*Virtual Tour Available* Your Opportunity To Live In The Luxurious U Condo! Located In The Heart Of Toronto, This Executive Suite Offers A Spacious One Bedroom With An Over-Sized Den That Can Be Used As A 2nd Bedroom. Beautiful Integrated Kitchen With Large Centre Island. Sun-Filled Living Space With 9th Ceiling, Large Windows, And Hardwood Floor. Hotel-Grade Amenities Including Rooftop Patio, Gym, 24Hr Concierge. Move In Ready! Upgraded Kitchen Including Integrated Appliances (Fridge, Dishwasher, Stove, Hood Fan), Cook Top, Stacked Washer & Dryer, And Window Coverings. Steps To U Of T, The Rom, Luxurious Shopping And Restaurants.
bay street group inc.MLS® #C11998533
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Family, Large Window
14.01 x 11.61ft
Family
Laminate, Combined with Dining, Walkout To Balcony
14.01 x 11.61ft
Kitchen
Open Concept, Built-in Appliances, Centre Island
0 x 0ft
Primary
Mirrored Closet, Sliding Doors, Large Window
10.93 x 9.61ft
Den
Separate Room, Sliding Doors, Laminate
8.14 x 9.61ft
Renter's Market
Balanced
Landlord'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 leased in Bay Street Corridor
