1001 Bay Street
Building Details
Listing History for 1001 Bay
Amenities
Maintenance Fees
About 1001 Bay Street — 1001 Bay
Seeking a Toronto condo where you can park the car in the garage on Friday afternoon and forget about it until Monday morning? Well, 1001 Bay St. has you covered.
1001 Bay feels and looks prestigious, with its shining glass exterior and regal column-lined lobby — equipped with a library... yes, a library — this condo will have you feeling like royalty.
Situated on the corner of Bay and St. Joseph’s street, this 35-storey condominium offers a bounty of amenities; an indoor pool, sauna, exercise room, basketball court, security guards, just to name a few. The building was designed to encourage community, and with so many seating areas and relaxation options, you will have plenty of chances to get to know your neighbours.
1001 Bay St. has an enviable walking score of 99, placing its residents in the heart of the city as soon as they step out of the lobby. This condo offers a secure home in an urban paradise, making it an excellent choice for professionals looking to live and work in downtown Toronto.
The Suites
1001 Bay St. has a lot to offer for both budget minded individuals and those with a little more financial freedom. This condo has 564 units, with suite sizes that range from Junior 1-bedrooms at 497 sq. ft to expansive 3201 sq. ft. 3-bedroom condos. Suites are available for sale and rent, perfect for a short stay or a long-term residence.
All units feature floor-to-ceiling windows and maximize square-footage thanks to intelligent layouts. And while not every unit can boast a stunning view of the entire city, larger units on higher floors have sweeping views of the Toronto skyline.
The Neighbourhood
The Bay Street Corridor is one of the most desirable areas in Toronto for urban living. If a fast-paced lifestyle is what you're after, then Bay St condos for sale are sure to please. Within a few city blocks you will find an assortment of restaurants — fine-dining for a romantic night out, or many fast-food options to take the sting out of a late night on the town; and let’s be honest, sitting so close to a busy nightlife and with so many amazing restaurants, you’re bound to have some fun.
For shoppers there are exotic boutiques on Bloor, or hundreds of stores in the Eaton centre. Entertainment options are no less vast: there is a nearby Cineplex, clubs, pubs and museums. The University of Toronto is just across the street, so students in the condo can focus on studying instead of commuting. Sports fans will not have to journey far to catch the Leafs, Jays, or Raptors — of course, 1001 Bay is not responsible for any heartbreak you might suffer at such events.
What some might not expect from an urban location, is all the parks and opportunities for recreation that are available in this area. Queen’s Park is just a short walk from your front door, where you can cycle, jog, picnic, or just enjoy the scenery. The historic St. George Campus is nearby — there you can stroll through the trees or just sit back and take it all in.
Transportation
As mentioned above, 1001 Bay has a Walk Score of 99, thus “two feet and a heartbeat” might be your first choice for moving around the neighbourhood. For longer trips, the TTC services Bay and the immediate vicinity, and the Yonge-University subway line is mere minutes away. Bikers can use the lanes on Bay or College or many others that cross the downtown area.
Those choosing to drive will find a secure parking garage to store their vehicle, and a quick commute to the Don Valley Parkway or Gardiner Expressway.
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Price Cut: $51,000 (Nov 2)
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Price Cut: $500 (Oct 25)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At 1001 Bay
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
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Rental Yield
High Demand
Transaction Insights at 1001 Bay Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | No Data | $524,000 - $620,000 | $580,000 - $710,000 | $748,000 - $1,065,000 | $800,000 - $1,006,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $914 | $893 | $862 | $794 | No Data | No Data |
Price Range | $2,400 | $2,350 - $2,510 | $2,400 - $3,250 | $3,300 - $4,150 | $3,200 - $4,100 | No Data | No Data |
Avg. Wait for Unit Availability | 414 Days | 133 Days | 30 Days | 129 Days | 141 Days | 564 Days | No Data |
Avg. Wait for Unit Availability | 132 Days | 52 Days | 10 Days | 95 Days | 45 Days | 266 Days | 291 Days |
Ratio of Units in Building | 6% | 10% | 59% | 10% | 15% | 2% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Bay Street Corridor