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    1080 Bay Street & 1082-1086 Bay Street & 1074-1078 Bay Street & 57-75 St Mary Street

    U Condominium
    14for Sale
    31for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    55
    Number of Units:
    1,002
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    305 - 3,288 SQFT
    Unit Availability:
    Medium

    Listing History for U Condominium

    Receive listing updates for Bay Street Corridor

    Amenities

    Security System
    Rooftop Deck
    Visitor Parking
    Sauna
    Indoor Parking
    Gym Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Excluded
    Hydro
    Water

    About 1080 Bay StreetU Condominium

    Before the development at 1080 Bay Street, St. Michael’s college students at the University of Toronto used this space for their annual “Residence Games”. Though now students need to find another place to play Ultimate Frisbee, there’s no argument against the U Condominium being a smart development of the space.

    Completed in 2015, this building stands at 55 and 45 storeys. Though these condos tower over their surroundings in the Bay Street Corridor, they never near gaudiness. The Pemberton Group and architectsAlliance — led by the prolific Peter Clewes — developed and designed, respectively, the site for the most discerning eyes. Together, the tower’s glass exterior patterned to resemble blades of grass, and the arrangement of the balconies, rising up in slanting pattern, form the sophisticated modern character of the building.

    At the base of the two towers, residents at 1080 Bay Street come home to a three-storey, Andrea Kantelberg designed lobby. The lobby is filled with light and serviced by a 24-hour concierge. Additionally, the condo has an elegant courtyard, encircled by the opulent urban Townhomes.

    Each townhome, standing three-storeys, features limestone cladding that may seem cold, but copper details — sculptural accents that over time will gracefully gain a gorgeous turquoise patina – warm this condo in the perfect way. Clewes gave thought to more than what these residences would be, but kept an eye to the future and what these homes would become.

    The amenities cater to an exceptionally attractive lifestyle. Topping each tower is a 4500 square foot amenities area, accommodating to every need with a fitness centre, yoga studio, library, party room — still more: each towers’ penthouse amenities area opens up to a wraparound balcony where the U Condominium's residents can take in a panoramic view that’s breathtakingly awesome.

    The Suites

    Inside, the suites continue the U Condos’ modern sensibility. Sleek cabinetry, Corian countertops, and backsplashes seem minimal, but there’s no storage sacrificed, especially with many units featuring kitchen islands.

    Everyone of 1080 Bay’s 1002 suites has its own balcony. And if it’s another one of our cold, cold winters, these suites still feel fresh with the condos’ luxurious large windows. The suites take advantage of all the light let in, using open floor plans and tall, at minimum 9-foot ceilings.

    With such a staggering amount of suites, there is a great range in size, and plenty of chances for prospective buyers to land Toronto condos for sale here. The studios start around 325 square feet — truly gigantic to the neighbours living in the nearby student residences — while the largest units are almost 3000 square feet. These large units are those aforementioned three-storey townhomes. At three stories, with three bedrooms, four bathrooms and their own private two-car garage, there’s no comparison to these townhomes anywhere in the neighbourhood.

    The Neighbourhood

    Though the address on Bay Street may scream Financial District, the neighbourhood offers so much more. Yes, residents can spend money shopping at the high-end boutiques in nearby Yorkville and in Holt Renfrew on Bloor, but more modest shoppers can still enjoy the great selection of other major brand stores along Bloor, as well as the many shops on Yonge street.

    The abundant surrounding green space makes the U Condo’s spot at 1080 Bay Street such a unique downtown Toronto location. To the west lies the University of Toronto’s St. Michael’s and Victoria college campuses, where residents can enjoy a stroll through the school’s charming historical architecture and groomed gardens. Further, Queens Park’s large trees offer a peaceful place to picnic, as well as an enjoyable running circuit, for those so inclined.

    Many great cultural venues centre around nearby Bloor and University, where the residents can walk in less than ten minutes. There residents can find the Gardiner Museum exhibiting ceramics and offering pottery classes, the Textile Museum of Canada, the Royal Ontario Museum, and the Royal Conservatory of Music, housing the stunning Koerner Hall.

    Transportation

    Residents of the U Condos have it easy when it comes to getting around the city. There are many TTC subway stations within walking distance. A short walk away, the Yonge-Bloor station gives residents the option of taking trains running east and west on the Bloor-Danforth Green line, or trains travelling north and south on Yonge-University-Spadina Yellow line. The latter runs through Union Station, with access to the GO, VIA and the Union-Pearson Express.

    Alternatively, residents at 1080 Bay Street can take a scenic walk through campus to Museum station to access the Yellow Line. The best thing about this scenic route? It’s only a five minute walk.

    TTC riders have one more option: When the weather’s not cooperating, a quick duck into the Manulife Center leads to an underground mall. This conveniently provides a nice sheltered path to Bay Station on the Green line.

    Drivers find themselves well positioned. They are just south of Bloor Street, a major artery of the city that connects to the Don Valley Parkway only minutes away from their building.

    U Condominium Reviews

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    14

    Listings For Sale

    Interested in receiving new listings for sale?

    31

    Listings For Rent

    Interested in receiving new listings for rent?

    65 St Mary St, unit 2502 for rent
    65 st mary stBay Street Corridor
    1 Bed1 Bath896 SQFT0 Parking
    Available Oct 10, 2024
    65 St Mary St, unit 410 for rent
    $2,000/mth
    Price Cut: $100 (Oct 20)
    65 st mary stBay Street CorridorUnit 410
    Studio 3 Baths500 SQFT0 Parking
    Available Nov 1, 2024
    65 St Mary St, unit 3210 for rent
    $2,200/mth
    65 st mary stBay Street CorridorUnit 3210
    Studio 1 Bath350 SQFT0 Parking
    Available Oct 1, 2024
    65 St Mary St, unit 3804 for rent
    $2,300/mth
    Price Cut: $500 (Oct 28)
    65 st mary stBay Street CorridorUnit 3804
    1 Bed1 Bath448 SQFT0 Parking
    Available Nov 1, 2024
    1080 Bay St, unit 1005 for rent
    1080 bay stBay Street Corridor
    1 Bed1 Bath648 SQFT0 Parking
    Available Immediately
    65 St Mary St, unit 4104 for rent
    $2,450/mth
    65 st mary stBay Street CorridorUnit 4104
    Studio + 11 Bath0 Parking
    Available Dec 21/TBA
    65 St Mary St, unit 4007 for rent
    $2,600/mth
    65 st mary stBay Street CorridorUnit 4007
    1 Bed1 Bath518 SQFT0 Parking
    Available Oct 15, 2024
    1080 Bay St, unit 3101 for rent
    $2,600/mth
    1080 bay stBay Street CorridorUnit 3101
    1 Bed1 Bath500 SQFT0 Parking
    Available Immediately
    1080 Bay St, unit 3308 for rent
    $2,800/mth
    Price Cut: $100 (Sep 24)
    1080 bay stBay Street CorridorUnit 3308
    1 Bed1 Bath533 SQFT0 Parking
    Available Oct 1, 2024
    65 St Mary St, unit 708 for rent
    65 st mary stBay Street Corridor
    1 Bed + 11 Bath546 SQFT0 Parking
    Available Nov 1, 2024
    65 St Mary St, unit 4303 for rent
    $2,900/mth
    65 st mary stBay Street CorridorUnit 4303
    1 Bed + 11 Bath680 SQFT1 Parking
    Available Dec 1, 2024
    65 St Mary St, unit 4203 for rent
    $2,999/mth
    Price Cut: $801 (Oct 25)
    65 st mary stBay Street CorridorUnit 4203
    1 Bed + 21 Bath648 SQFT2 Parking
    Available Sept 15, 2024
    1080 Bay St, unit 2003 for rent
    $3,100/mth
    1080 bay stBay Street CorridorUnit 2003
    1 Bed + 11 Bath628 SQFT1 Parking
    Available Oct 4, 2024
    65 St Mary St, unit 406 for rent
    $3,250/mth
    65 st mary stBay Street CorridorUnit 406
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available Sept 27, 2024
    1080 Bay St, unit 2309 for rent
    $3,250/mth
    Price Cut: $100 (Oct 18)
    1080 bay stBay Street CorridorUnit 2309
    1 Bed + 11 Bath542 SQFT1 Parking
    Available Sept 15, 2024
    No photo available
    1080 bay stBay Street Corridor
    1 Bed1 Bath500 - 599 SQFT1 Parking
    Available Sept 1, 2024
    1080 Bay St, unit 2306 for rent
    $3,400/mth
    1080 bay stBay Street CorridorUnit 2306
    1 Bed + 11 Bath648 SQFT1 Parking
    Available Nov 1, 2024
    1080 Bay St, unit 5009 for rent
    $3,500/mth
    Price Cut: $250 (Oct 18)
    1080 bay stBay Street CorridorUnit 5009
    2 Beds2 Baths821 SQFT1 Parking
    Available Sept 30, 2024
    65 St Mary St, unit 1105 for rent
    $3,600/mth
    65 st mary stBay Street CorridorUnit 1105
    2 Beds1 Bath736 SQFT1 Parking
    Available Dec 1, 2024
    65 st mary St, unit 1202 for rent
    65 st mary stBay Street Corridor
    2 Beds2 Baths896 SQFT1 Parking
    Available Oct 31, 2024
    1080 Bay St, unit 3310 for rent
    1080 bay stBay Street Corridor
    2 Beds2 Baths896 SQFT0 Parking
    Available Jul 29, 2024
    65 St. Mary St, unit 3909 for rent
    65 st. mary stBay Street Corridor
    2 Beds2 Baths820 SQFT1 Parking
    Available Oct 21, 2024
    1080 Bay St, unit 3002 for rent
    $3,980/mth
    Price Cut: $520 (Oct 24)
    1080 bay stBay Street CorridorUnit 3002
    2 Beds2 Baths894 SQFT0 Parking
    Available Immediately
    65 St Mary St, unit 2002 for rent
    $3,980/mth
    65 st mary stBay Street CorridorUnit 2002
    2 Beds2 Baths892 SQFT1 Parking
    Available Nov 8, 2024
    65 St Mary St, unit 1904 for rent
    65 st mary stBay Street Corridor
    2 Beds2 Baths896 SQFT1 Parking
    Available Nov 1, 2024
    1080 Bay St, unit 1002 for rent
    $4,100/mth
    Price Cut: $200 (Oct 4)
    1080 bay stBay Street CorridorUnit 1002
    2 Beds2 Baths800 - 899 SQFT1 Parking
    Available Sept 17, 2024
    65 St. Mary St, unit 902 for rent
    $4,150/mth
    65 st. mary stBay Street CorridorUnit 902
    2 Beds2 Baths800 - 899 SQFT1 Parking
    Available Dec 1, 2024
    65 St. Mary St, unit 1104 for rent
    $4,200/mth
    Price Cut: $400 (Aug 27)
    65 st. mary stBay Street CorridorUnit 1104
    2 Beds2 Baths898 SQFT1 Parking
    Available Sept 5, 2024
    1080 Bay St N, unit 4110 for rent
    $4,200/mth
    1080 bay st nBay Street CorridorUnit 4110
    2 Beds2 Baths892 SQFT1 Parking
    Available Oct 15, 2024
    65 St Mary St, unit 3501 for rent
    $5,500/mth
    65 st mary stBay Street CorridorUnit 3501
    2 Beds + 12 Baths1400 - 1599 SQFT1 Parking
    Available Immediately
    1082 Bay St for rent
    $8,500/mth
    1082 bay stBay Street Corridor
    2 Beds + 13 Baths3500 - 3749 SQFT2 Parking
    Available Oct 1, 2024

    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
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    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%

    Maintenance Fees

    U Condominium vs The Bay Street Corridor Area

    Days on Strata

    Units at U Condominium spend an average of
    34
    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
    4.2
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    234
    Units were Rented over the past twelve months

    Best Value Rank

    U Condominium offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    U Condominium has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    U Condominium yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    U Condominium is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1080 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$469,000$850,000 - $902,000$875,000 - $1,043,000$1,080,000 - $1,401,888No DataNo Data$2,718,000
    Avg. Cost Per Sqft$1,275$1,568$1,548$1,494No DataNo Data$840
    Avg. Wait for Unit Availability49 Days24 Days20 Days18 Days77 Days167 Days191 Days
    Ratio of Units in Building12%26%27%30%5%2%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor