57 St Joseph Street & 1000 Bay Street
Building Details
Listing History for One Thousand Bay
Amenities
Maintenance Fees
About 57 St Joseph Street — One Thousand Bay
Anyone with a vested interest in the condo market who has heard Peter Clewes’s name will know what we mean when we say the 1 Thousand Bay Condos best characterize his work as the principal designer at ArchitectsAlliance. At 57 St Joseph Street, this development by Cresford is contemporary architecture at its most impressive — creative, resourceful and luxurious.
Completed in 2016, this property consists of a 32-storey tower that rises beside a shorter structure – the top of the latter serving as a beautiful and spacious common rooftop terrace. At street level, the 4-storey lobby gives a grand impression, though its tower is truly captivating. Playing with the idea of place — 1000 Bay and 57 St Joseph being such a distinguished location — the varied depths of the tower’s balconies seem to stagger, so that the condos illustrate a playful richness.
Indeed, residents here enjoy their building’s abundance of amenities. With the exception of a 24-hour concierge service, the amenities are housed on the same upper floor. There’s a state-of-the-art fitness centre with a yoga studio and change rooms attached, in addition to a multimedia theatre, a games room, a lounge, and a party room.
The best part of this amenities area is that it opens out onto that aforementioned common rooftop terrace. Containing a barbecue deck, an outdoor dining space with a fireplace, a garden, a yoga deck, and a pool — this building's magnificent rooftop terrace gives residents a vibrant escape, deep within the Core of the city.
The Suites
There are 458 Toronto condos inside the 1 Thousand Bay Condos. Ranging in size from approximately 300 to 1,350 square feet, there are studios plus one, two, and even three bedroom suites with the option of a den as well.
Regardless of size, Cresford and ArchitectsAlliance ensure each suite proves to be luxurious and comfortable. Floor-to-ceiling windows and smart floor plans featuring high, smooth ceilings means every suite feels fresh and bright. Furthermore, every suite features its own balcony, extending living space even further.
Lastly, all the suites’ finishes are modern and sophisticated, so anyone who's looking for downtown Toronto condos for sale and is keen on a fixer upper, will need to look elsewhere. The suites feature designer engineered hardwood floors throughout all living areas. Open concept kitchens include either natural stone or quartz countertops (with a generous island included in many floor plans) and European-style stainless steel kitchen appliances integrated in stylish contemporary cabinetry with alluring ceramic backsplashes.
The Neighbourhood
Located in the Bay Street Corridor and the Discovery District, at the edge the University of Toronto’s St. Michael’s College Campus, there’s a long history of brilliant theories and discoveries made in the 1 Thousand Bay Condos’ neighbourhood – perhaps fostered by its vibrant fare as much as by its many research libraries. It’s also easy for residents to enjoy an active social life in the neighbourhoods surrounding 1000 Bay and 57 St Joseph.
Between the Financial District’s office buildings on Bay, Yorkville’s upscale boutiques, and a wide selection of affordable stores on Yonge Street, some charming restaurants and bars are tucked away on St. Joseph, which have been serving the neighbourhood’s distinguished demographic for years. Conversely, St. Joseph leads to the massive Queens Park, providing a wealth of green space filled with majestic, mature trees.
Transportation
Being so close to the University of Toronto means this condominium is very well served by public transit. Featuring distinctive sculptural accents — inspired by the nearby Royal Ontario and Gardiner Museums — Museum Station is very convenient. Only a short walk from 1000 Bay and 57 St Joseph, it sits on the Yonge-University-Spadina subway line whose trains carry travelers south to Union Station in a few minutes or north to the Bloor-Danforth line even faster.
Last but not least, those who prefer to drive are well positioned. In additional to Bay Street, these condos are close to major city arteries like Bloor Street, and College/Carlton Street. For destinations outside the city, heading east on Bloor Street takes drivers to the Don Valley Parkway in no time.
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Price Cut: $350 (Dec 11)
Price Cut: $200 (Dec 10)
Price Cut: $330 (Dec 17)
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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.
Price Trends
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Building Trends At One Thousand Bay
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Transaction Insights at 57 St Joseph Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | No Data | $600,000 - $655,000 | No Data | $933,900 | $982,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $1,434 | No Data | $1,275 | $819 | No Data | No Data |
Price Range | $2,100 - $2,450 | $1,750 - $2,800 | $2,500 - $3,200 | $3,350 - $4,500 | $3,850 | $4,500 | $1,500 - $5,200 |
Avg. Wait for Unit Availability | 78 Days | 49 Days | 54 Days | 106 Days | 628 Days | 1070 Days | 323 Days |
Avg. Wait for Unit Availability | 18 Days | 10 Days | 11 Days | 27 Days | 91 Days | 176 Days | 74 Days |
Ratio of Units in Building | 18% | 32% | 29% | 14% | 3% | 3% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Bay Street Corridor