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              #1508 1055 Bay St

              near Bay/Bloor St W
              $678,880 1+1bdr • 1ba • 1kit • 700-799sf
              Average Income
              $54,272
              Population Age
              39 y/old
              School Score
              6.45/10
              Price Index Change 1y
              +2.73%
              Price Index Change 3y
              +16.57%
              Rent Index Change 1y
              -13.33%
              Rent Index Change 3y
              -3.22%

              Condo Apt • Apartment #1508 • 14 Level

              #1508 1055 Bay St, Bay Street Corridor, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure Sw
              • age n/a
              • locker None
              • possession

                Asap

              $678,880

              $2,470.78
              Tax yr: 2020

              $652.33/m

              CALCULATED NUMBERS:

              $2547.00

              calculator

              $2150

              2

              99 Walker's Paradise

              92 Rider's Paradise

              95 Biker's Paradise

              6.45/10

              Location Details
              • Toronto

              • Toronto

              • Bay Street Corridor

              • Bay/Bloor St W

              • M5S3A3

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              BAY STREET GROUP INC., BROKERAGE

              Property Overview
              Recently Renovated Open Concept, Stunning Large 1+1 At The Polo Club! Could Function As A 2 Bedroom Unit. *Stop Wasting Time Viewing Tiny Condos!* Safe And Secure Building With 24 Concierge & Effective Property Management. Exercise/Party Rms, Sauna, Squash Crt, Vis Parking. Parking Spot & Locker. Stunning City View, Steps To Subway, Yonge St, Yorkville, U Of T, And Much Much More!
              Extras: Stove, Fridge, Dishwasher, Washer/Dryer, Elfs, Window Coverings, 24 Hrs Concierge, Hydro Included In Maint Fee. Unique Parking Spot & Locker On Level B, Parking #57, Locker #175, High Demand Area, Seeing Is Believing, Don't Miss It!!
              Property Features
              • Arts Centre
              • Clear View
              • Hospital
              • Library
              • Park
              • Public Transit
              • Brick
              • Concierge
              • Gym
              • Rooftop Deck/Garden
              • Security Guard
              • Security System
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Laminate
              • Combined W/Dining
              • Open Concept
              • Size 5.70x3.12
              Dining
              • Flat Level
              • Laminate
              • Combined W/Living
              • Open Concept
              • Size 5.70x3.12
              Kitchen
              • Flat Level
              • Family Size Kitchen
              • Open Concept
              • Tile Floor
              • Size 2.75x2.46
              Den
              • Flat Level
              • Laminate
              • Window Flr To Ceil
              • Open Concept
              • Size 3.10x2.90
              Master
              • Flat Level
              • Broadloom
              • Window Flr To Ceil
              • Closet
              • Size 4.45x2.76
              Basement
              • None
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              • Listing added to site: 2020-11-21 01:05:27
              • Last updated: 2020-11-21 01:05:26
              • Photos updated: 2020-11-21
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              1508 1055 Bay St is a condo apt apartment, located in Bay Street Corridor of city of Toronto, Toronto region, near Bay/Bloor St W, and has been available for sale on CondosDirect since 2020-11-21. This unit is located at level 14 of the building and has South-West exposure of Bay St. Condo registry office is MTCC, corporation number 734.

              Lot Size and Living Area:

              1508 1055 Bay St has 5+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 700-799 square feet.
              1.0 parking space(s) are owned and located undergrnd at level B . This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Arts Centre, Clear View, Hospital, Library, Park, Public Transit at, or near the property.
              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Open Concept.

              Price & Cost Overview

              General:

              1508 1055 Bay St condo apt is listed for $678,880. Property tax for year 2020 was $2,471. And the monthly maintenance fee was $652.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $541,222.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,547, and total expenses, including the mortgage, property tax and maintenance, fee around $2,807, assuming $678,880 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1508 1055 Bay St, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Bay Street Corridor, where 1055 Bay St is located, has $877,694 Home Price Index, and $2,438 Home Rent Index. Average household income at dissemination area of 1055 Bay St is $54,272, and average polulation age is 39 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,641, and average Home Rent Index $2,569.

              Similar Properties & Community Details:

              There are similar to 1508 1055 Bay St 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1055 Bay St.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bay Street Corridor neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 1055 Bay St, or schools, which boundaries this address belongs to with an average School Score 6.45 out of 10. Here are more details about these schools:
              1. Jesse Ketchum Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
              2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 99, 92, and 95 accordingly, location of 1055 Bay St overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              Bay Street Corridor, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (97 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 23 to 28 properties like that to be sold in Bay Street Corridor during the next 30 days.
              Seasonal sales fluctuation is showing 11% inventory increase comparing to the average annual number, which is equvalent to 22.5 properties sold per month, and 7% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 3 days, which is 22 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 9% D.O.M. increase comparing to the average annual number, which is equvalent to 22 D.O.M., and 19% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.71% below its asking price in Bay Street Corridor.
              The selling to asking price ratio is declining in Bay Street Corridor.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4996381 Comparative Market Analysis
              1508 1055 Bay St Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Bay Street Corridor, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +2.73% comparig to the City of Toronto average of +12.995%

              Price Index 3y

              Price Index change was +16.57% comparig to the City of Toronto average of +5.735%

              Rent Index 1y

              Rent Index change was -13.33% comparig to the City of Toronto average of +2.625%

              Rent Index 3y

              Rent Index change was +16.57% comparig to the City of Toronto average of +5.735%

              Walkscore

              Walkscore 99 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 92 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.45 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $10,500 Cashback
              $698,000
              1+1br 2ba 600-699sf

              Prop Tax

              $2,836

              Condo Fee

              $513

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $9,200 Cashback
              $615,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,000

              Condo Fee

              $472

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$597,154

              $9,300 Cashback
              $619,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,168

              Condo Fee

              $492

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$608,421

              $8,800 Cashback
              $589,000
              1+1br 1ba 500-599sf

              Prop Tax

              $2,752

              Condo Fee

              $536

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$685,534

              $10,200 Cashback
              $679,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,860

              Condo Fee

              $580

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$592,247

              $10,000 Cashback
              $669,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,776

              Condo Fee

              $540

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$804,406

              $12,000 Cashback
              $800,000
              1br 1ba 700-799sf

              Prop Tax

              $2,350

              Condo Fee

              $697

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $10,100 Cashback
              $674,500
              1+1br 1ba 600-699sf

              Prop Tax

              $2,427

              Condo Fee

              $435

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$624,250

              $10,200 Cashback
              $679,900
              1br 1ba 500-599sf

              Prop Tax

              $n/a

              Condo Fee

              $309

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $9,000 Cashback
              $600,000
              1+1br 2ba 600-699sf

              Prop Tax

              $n/a

              Condo Fee

              $442

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $10,200 Cashback
              $679,000
              1+1br 2ba 700-799sf

              Prop Tax

              $2,232

              Condo Fee

              $455

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $10,500 Cashback
              $699,000
              1+1br 1ba 700-799sf

              Prop Tax

              $2,360

              Condo Fee

              $528

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$676,811