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              #1605 1121 Bay Street

              near Bay / Bloor
              $619,000 1+1bdr • 1ba • 1kit • 500-599sf
              Average Income
              $25,408
              Population Age
              31 y/old
              School Score
              6.45/10
              Price Index Change 1y
              +3.66%
              Price Index Change 3y
              +19.65%
              Rent Index Change 1y
              -10.24%
              Rent Index Change 3y
              +3.43%

              Condo Apt • Apartment #1605 • 16 Level

              #1605 1121 Bay Street, Bay Street Corridor, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 0.0 Undergrnd
              • exposure N
              • age n/a
              • locker Owned
              • possession

                Tba

              $619,000

              $2,390.00
              Tax yr: 2020

              $670.00/m

              CALCULATED NUMBERS:

              $2323.00

              calculator

              $2224

              3

              98 Walker's Paradise

              93 Rider's Paradise

              93 Biker's Paradise

              6.45/10

              Location Details
              • Toronto

              • Toronto

              • Bay Street Corridor

              • Bay / Bloor

              • M5S3L9

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

              RIGHT AT HOME REALTY INC., BROKERAGE

              Property Overview
              Truly Bright And Airy One Bed+Den Suite At Elev'n 21, A Stunning Boutique Development In The Heart Of Coveted Bay/Bloor Neighbourhood. Extremely Well-Appointed And Spacious Layout For True Efficient Living. High 9' Ceilings With Large Windows For Plenty Of Light And An Urban City View. Large Den Can Be Used As Second Bedroom Or Home Office. Spacious Master With Ample Storage Overlooking A Large Balcony. Low All-Inclusive Maintenance For An Easier Lifestyle!
              Extras: Walk Score Of 99 & Transit Score Of 100! Stroll To Yorkville, Financial District, Uoft, Ryerson , Eaton Centrec,Or Take The Ttc Anywhere Else! Features A Full-Time Concierge, A Security System, Gym, Sauna, A Party Room, Rooftop And More!
              Property Features
              • Public Trans
              • Concrete
              • Concierge
              • Gym
              • Party/Meeting Room
              • Recreation Room
              • Rooftop Deck/Garden
              • Sauna
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Exposure
              • Fireplace/Stove
              • Parking Included
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              • Central Vac
              Rooms details
              Living
              • Main Level
              • W/O To Balcony
              • Open Concept
              • North View
              • Size 4.00x3.20
              Dining
              • Main Level
              • Open Concept
              • Combined W/Living
              • Size 4.00x3.20
              Kitchen
              • Main Level
              • Centre Island
              • Open Concept
              • Size 2.62x2.44
              Master
              • Main Level
              • Large Closet
              • North View
              • Large Window
              • Size 3.23x2.74
              Den
              • Main Level
              • Separate Rm
              • Size 2.60x2.23
              Basement
              • None
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              • Listing added to site: 2020-09-16 12:07:20
              • Last updated: 2020-09-16 12:31:57
              • Photos updated: 2020-09-16
              • Contract date: 2020-09-16
              • Input date: 2020-09-16
              • Expiry date: 2021-01-31
              • 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:

              1605 1121 Bay Street is a condo apt apartment, located in Bay Street Corridor of city of Toronto, Toronto region, near Bay / Bloor, and has been available for sale on CondosDirect since 2020-09-16. This unit is located at level 16 of the building and has North exposure of Bay St. Condo registry office is TSCC, corporation number 1510.

              Lot Size and Living Area:

              1605 1121 Bay Street has 4+1 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 500-599 square feet.
              0.0 parking space(s) are and located undergrnd at level . The locker is owned. 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 Public Trans at, or near the property.
              AIDA has also found the following possible sellers motivation indicators: Flexible Possession.

              Price & Cost Overview

              General:

              1605 1121 Bay Street condo apt is listed for $619,000. Property tax for year 2020 was $2,390. And the monthly maintenance fee was $670.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $566,719.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,323, and total expenses, including the mortgage, property tax and maintenance, fee around $2,578, assuming $619,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1605 1121 Bay Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Bay Street Corridor, where 1121 Bay Street is located, has $881,068 Home Price Index, and $2,534 Home Rent Index. Average household income at dissemination area of 1121 Bay Street is $25,408, and average polulation age is 31 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,037,743, and average Home Rent Index $2,587.

              Similar Properties & Community Details:

              There are similar to 1605 1121 Bay Street 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 1121 Bay Street.
              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 1121 Bay Street, 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 98, 93, and 93 accordingly, location of 1121 Bay Street overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              1605 1121 Bay Street Listings History Powered by AIDA
              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 (95 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 19 to 23 properties like that to be sold in Bay Street Corridor during the next 30 days.
              Seasonal sales fluctuation is showing -9% inventory decline comparing to the average annual number, which is equvalent to 23.33 properties sold per month, and 7% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 4 days, which is 17 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 -4% D.O.M. decrease comparing to the average annual number, which is equvalent to 22 D.O.M., and 22% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to 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 C4914849 Comparative Market Analysis
              1605 1121 Bay Street 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 +3.66% comparig to the City of Toronto average of +12.42%

              Price Index 3y

              Price Index change was +19.65% comparig to the City of Toronto average of +4.54%

              Rent Index 1y

              Rent Index change was -10.24% comparig to the City of Toronto average of -5.35%

              Rent Index 3y

              Rent Index change was +19.65% comparig to the City of Toronto average of +4.54%

              Walkscore

              Walkscore 98 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 93 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)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              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

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