$929,000

For sale

#301 1121 Bay Street, Toronto (Bay Street Corridor) - Single Family for Sale

#301 1121 Bay Street, Toronto (Bay Street Corridor), Ontario, M5S3L9

2 beds2 baths0 parking1,100 ft²$1,454/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 51 days, fresher than the Toronto average of 60 days.

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Description

Welcome to Elev'n 21 On Bay, a Boutique Gem Nestled in the Heart of Yorkville! This Beautifully Maintained 2-Bedroom, 2-Bathroom Condo Offers Approx. 1100 Sq. Ft. of Living Space with a Split Bedroom Layout! An Elegant Touch of Engineered Hardwood Floors, 9 Ft.Ceilings, and Floor To Ceiling Windows that Frame Picturesque Views! The Building Boasts a 24-Hour Concierge for Your Convenience, and You're Just Steps Away from the Underground Subway, Manulife Center, and Queens Park. Enjoy the Best of Toronto's Shopping and Dining Right at Your Doorstep. ALL UTILITIES INCLUDED! Parking Available $150/mo! Elev'n 21 On Bay Offers the Perfect Blend of Comfort, Style, and Location for a Truly Exceptional Living Experience. Don't Miss Out on This Opportunity to Make It Your New Home! (id:66096)

Property Details

MLS®: C13784578
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,454/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $5,056.58/yr
Listed: 51 days ago

Rooms

Main level

Primary Bedroom: 4.54 x 2.76 meters
Bedroom 2: 3.01 x 3 meters
Kitchen: 2.87 x 2.6 meters
Living room: 6.15 x 4.15 meters
Dining room: 6.15 x 4.15 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate, Ceramic
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$845

List price

$929K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Bay Street Corridor) has been listed for 51 days, which is 9 days fresher than the city average of 60. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · VALERIE MAMANN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $929,000, about 13.3× the local median household income of $70,000.

Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.

Median household income: $70,000
Population: 17,074
Median age: 33.2
Owner / renter: 36% / 64%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5S)

$929,000· $845/ft²

For sale

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Full Cost Breakdown

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Down Payment7.31% · $67,900

Min 7.31%50%

Mortgage payment$4,774/mo

↳ CMHC premium ($34,444 capitalized)

Property tax (est.)$421/mo

Condo fee$1,454/mo

Total monthly$6,650

Cash Needed to Close

Down payment (7.31%)$67,900

Land transfer tax$30,110

Est. closing costs$5,287

Total cash needed$103,297

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