608 - 1080 Bay St
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$376/mth
Taxes:
$2,926 (2023)
Cost Per Sqft:
$1,417/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
North West
Possession Date:
To Be Determined
Laundry:
Main
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Hardwood Floor, Combined with Dining, Walkout To Balcony
12.5 x 15.68ft
Kitchen
Hardwood Floor, Stainless Steel Appliances, Open Concept
0 x 0ft
Bedroom
Hardwood Floor, Closet, Window
10.99 x 9.74ft
About this Listing
Welcome To The Luxurious U Condominium! This 1 Bed + 1 Bath Unit, Adjacent To The Lush Grounds Of The University Of Toronto And Steps From Yorkville, Is Perfect For Young Professionals Or Investors Seeking An Unbeatable Location. Experience Modern City Living With Sleek Finishes And An Amazing Layout. The Modern Kitchen Features Integrated Appliances, And The Open Living Area Offers Stunning Views From Both Balconies. Located In Torontos Premium Area, You'll Be Surrounded By World-class Dining, Retail, Museums, Spas, Cafes, And Entertainment. Dont Miss This Incredible Investment Opportunity In One Of The City's Most Desirable Buildings.
sotheby`s international realty canadaMLS® #C8471978
Amenities
Security System
Rooftop Deck
Visitor Parking
Sauna
Indoor Parking
Gym Room
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 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
Household Income
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
U Condominium vs The Bay Street Corridor Area
Building Trends At U Condominium
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
AVERAGEchance 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 againProperty 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
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $469,000 | $850,000 - $902,000 | $875,000 - $1,043,000 | $1,080,000 - $1,401,888 | No Data | No Data | $2,718,000 |
| Avg. Cost Per Sqft | $1,275 | $1,568 | $1,548 | $1,494 | No Data | No Data | $840 |
| Price Range | $1,950 - $2,550 | $2,380 - $3,100 | $2,700 - $3,450 | $1,950 - $4,500 | $6,300 - $6,600 | $6,300 | $10,000 |
| Avg. Wait for Unit Availability | 49 Days | 24 Days | 20 Days | 18 Days | 77 Days | 167 Days | 191 Days |
| Avg. Wait for Unit Availability | 9 Days | 5 Days | 5 Days | 5 Days | 37 Days | 326 Days | 501 Days |
| Ratio of Units in Building | 12% | 26% | 27% | 30% | 5% | 2% | 2% |
Transactions vs Inventory
Total number of units listed and sold in Bay Street Corridor
