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    57 St Joseph Street & 1000 Bay Street

    One Thousand Bay
    6for Sale
    10for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    32
    Number of Units:
    458
    Condo Completion:
    2016
    Condo Demand:
    Low
    Unit Size Range:
    273 - 1,365 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for One Thousand Bay

    Receive listing updates for Bay Street Corridor

    Amenities

    Indoor Parking
    Party Room
    Outdoor Pool
    Games Room
    Rooftop Deck
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 57 St Joseph StreetOne Thousand Bay

    Anyone with a vested interest in the condo market who has heard Peter Clewes’s name will know what we mean when we say the 1 Thousand Bay Condos best characterize his work as the principal designer at ArchitectsAlliance. At 57 St Joseph Street, this development by Cresford is contemporary architecture at its most impressive — creative, resourceful and luxurious.

    Completed in 2016, this property consists of a 32-storey tower that rises beside a shorter structure – the top of the latter serving as a beautiful and spacious common rooftop terrace. At street level, the 4-storey lobby gives a grand impression, though its tower is truly captivating. Playing with the idea of place — 1000 Bay and 57 St Joseph being such a distinguished location — the varied depths of the tower’s balconies seem to stagger, so that the condos illustrate a playful richness.

    Indeed, residents here enjoy their building’s abundance of amenities. With the exception of a 24-hour concierge service, the amenities are housed on the same upper floor. There’s a state-of-the-art fitness centre with a yoga studio and change rooms attached, in addition to a multimedia theatre, a games room, a lounge, and a party room.

    The best part of this amenities area is that it opens out onto that aforementioned common rooftop terrace. Containing a barbecue deck, an outdoor dining space with a fireplace, a garden, a yoga deck, and a pool — this building's magnificent rooftop terrace gives residents a vibrant escape, deep within the Core of the city.

    The Suites

    There are 458 Toronto condos inside the 1 Thousand Bay Condos. Ranging in size from approximately 300 to 1,350 square feet, there are studios plus one, two, and even three bedroom suites with the option of a den as well.

    Regardless of size, Cresford and ArchitectsAlliance ensure each suite proves to be luxurious and comfortable. Floor-to-ceiling windows and smart floor plans featuring high, smooth ceilings means every suite feels fresh and bright. Furthermore, every suite features its own balcony, extending living space even further.

    Lastly, all the suites’ finishes are modern and sophisticated, so anyone who's looking for downtown Toronto condos for sale and is keen on a fixer upper, will need to look elsewhere. The suites feature designer engineered hardwood floors throughout all living areas. Open concept kitchens include either natural stone or quartz countertops (with a generous island included in many floor plans) and European-style stainless steel kitchen appliances integrated in stylish contemporary cabinetry with alluring ceramic backsplashes.

    The Neighbourhood

    Located in the Bay Street Corridor and the Discovery District, at the edge the University of Toronto’s St. Michael’s College Campus, there’s a long history of brilliant theories and discoveries made in the 1 Thousand Bay Condos’ neighbourhood – perhaps fostered by its vibrant fare as much as by its many research libraries. It’s also easy for residents to enjoy an active social life in the neighbourhoods surrounding 1000 Bay and 57 St Joseph.

    Between the Financial District’s office buildings on Bay, Yorkville’s upscale boutiques, and a wide selection of affordable stores on Yonge Street, some charming restaurants and bars are tucked away on St. Joseph, which have been serving the neighbourhood’s distinguished demographic for years. Conversely, St. Joseph leads to the massive Queens Park, providing a wealth of green space filled with majestic, mature trees.

    Transportation

    Being so close to the University of Toronto means this condominium is very well served by public transit. Featuring distinctive sculptural accents — inspired by the nearby Royal Ontario and Gardiner Museums — Museum Station is very convenient. Only a short walk from 1000 Bay and 57 St Joseph, it sits on the Yonge-University-Spadina subway line whose trains carry travelers south to Union Station in a few minutes or north to the Bloor-Danforth line even faster.

    Last but not least, those who prefer to drive are well positioned. In additional to Bay Street, these condos are close to major city arteries like Bloor Street, and College/Carlton Street. For destinations outside the city, heading east on Bloor Street takes drivers to the Don Valley Parkway in no time.

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    Listings For Sale

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    10

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    Explore Bay Street Corridor

    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

    One Thousand Bay vs The Bay Street Corridor Area

    Days on Strata

    Units at One Thousand Bay spend an average of
    51
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    above
    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
    6
    YEARS before being sold again

    Property Value

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

    Price Ranking

    3rd
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    114
    Units were Rented over the past twelve months

    Best Value Rank

    One Thousand Bay offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    One Thousand Bay has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    One Thousand Bay yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    One Thousand Bay is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 57 St Joseph Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$600,000 - $655,000No Data$933,900$982,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,434No Data$1,275$819No DataNo Data
    Avg. Wait for Unit Availability78 Days49 Days54 Days106 Days628 Days1070 Days323 Days
    Ratio of Units in Building18%32%29%14%3%3%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor