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    Toronto / Downtown / Bay Street Corridor

    505 - 11 St Joseph St

    For SaleEleven Residences
    $679,000
    Price Increase: $599,000
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
    49 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $648/mth
    Taxes:
    $3,240 (2024)
    Cost Per Sqft:
    $970/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Open Concept, Stainless Steel Appliances, Quartz Counter
    9.19 x 10.66ft
    Living
    Combined with Dining, Large Window, Laminate
    17.39 x 12.01ft
    Dining
    Combined with Living, Laminate
    17.39 x 12.01ft

    About this Listing

    Welcome To The Modern & Unique Character Of The Eleven Residences. Spacious 1 Bedroom Condo, Nearly 700 Sq Ft, with underground parking space. Offers Luxurious Modern Finishes, Bright South Facing View And Ensuite Laundry. Come Home To The Comfort Of This Quiet Building Located In The True Heart Of The City With Retail, Restaurants, Entertainment And Public Transit Steps Away. Amazing Amenities: Gym, Games/Billiards/Party Room, Rooftop Deck/Garden, Concierge, Visitor Parking. Water, Heat & Hydro Are Included in Maintenance Fee.

    ExtrasModern Kitchen W/Quartz Countertops, Stainless Steel Appliances: Fridge, Stove, Microwave, Dishwasher, Stacked Washer & Dryer, Roller Shades. 1 Underground parking space.

    ipro realty ltd.MLS® #C9354962

    Amenities

    Concierge
    Party Room
    Rooftop Deck
    Media Room
    Security System
    Indoor Parking

    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
    The bike lane starts to feel like a second home.

    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
    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%

    Price Trends

    Maintenance Fees

    Eleven Residences vs The Bay Street Corridor Area

    Building Trends At Eleven Residences

    Days on Strata

    Units at Eleven Residences spend an average of
    64
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    8.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    29
    Units were Rented over the past twelve months

    Best Value Rank

    Eleven Residences offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Eleven Residences has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Eleven Residences yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Eleven Residences is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 11 St Joseph Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$532,000$663,800No Data$880,000 - $995,000No Data
    Avg. Cost Per Sqft$823$1,095No Data$980No Data
    Avg. Wait for Unit Availability607 Days64 Days293 Days134 DaysNo Data
    Ratio of Units in Building7%57%8%28%3%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor