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    Toronto / Downtown / Bay Street Corridor

    1916 - 1055 Bay St

    For SalePolo Club I Condos
    $625,000
    1 Bed + 1
    1 Bath
    0 Parking
    601 SQFT
    357 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $556/mth
    Taxes:
    $2,218 (2023)
    Cost Per Sqft:
    $1,040/sqft
    Locker:
    Exclusive
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    Negotiable
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    12.73 x 9.19ft
    Den
    9.48 x 7.81ft
    Living
    Combined with Dining
    18.31 x 10.83ft

    About this Listing

    For additional information, please click on Brochure button below. A very efficient layout 1+1 Condo with bright windows, being used comfortably as a 2-Bedroom unit, with low Maintenance fee. Excellent potential investment property in a High Demand area: U of T, MTU (Ryerson), Hospitals, Queens Park, Financial District, Yorkville Village, TTC Subway. 24-hour Concierge and Security, Rooftop Terrace, Sauna, Racquet Courts, Spa-type Whirlpool, Well-equipped Party Room, General Gym and Semi-Private Gym. Electric Cooktop with Built-in Oven, Fridge, Dishwasher, Front-load Washer & Dryer, New HVAC Unit (2021) with digital thermostat. Good-size private Storage Room. All measurements approximate. Currently tenanted until May 1, 2024. Monthly condo fee $556.

    easy list realtyMLS® #C7285066

    Amenities

    Security System
    Rooftop Deck
    Bike Storage
    Sauna
    Indoor Parking
    Concierge

    Explore Neighbourhood

    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
    The bike lane starts to feel like a second home.

    Similar Listings

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    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%

    Price Trends

    Maintenance Fees

    Polo Club I Condos vs The Bay Street Corridor Area

    Building Trends At Polo Club I Condos

    Days on Strata

    Units at Polo Club I Condos spend an average of
    44
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    13.1
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    Polo Club I Condos offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Polo Club I Condos has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Polo Club I Condos yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Polo Club I Condos is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1055 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$530,000 - $580,000$595,000 - $630,000$800,000$740,000No Data
    Avg. Cost Per SqftNo Data$1,201$959$768$843No Data
    Avg. Wait for Unit Availability303 Days108 Days55 Days220 Days202 DaysNo Data
    Ratio of Units in Building9%24%48%11%10%1%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor