1-3 Gloucester Street & 595 Yonge Street
Building Details
Listing History for The Gloucester on Yonge
Amenities
Maintenance Fees
About 1-3 Gloucester Street — The Gloucester on Yonge
If you’re looking for a Toronto condo for sale, then The Gloucester on Yonge is a great choice. Standing 44 storeys tall at 595 Yonge Street, this development provides residents with an excellent starting point to explore the Bay Street Corridor neighbourhood. The property was completed in 2022 by Concord Pacific, and is comprised of 523 units, ranging in size from 316 to 1865 square feet.
This condo is very conveniently located, with a well above average Walk Score of 97 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.79 per-square-foot, which is lower than the neighbourhood average of $0.89 per-square-foot.
The Suites
The average cost per-square-foot for a unit at 595 Yonge Street is $1,296 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.
Units at The Gloucester on Yonge spend 31 days on the market on average and usually sell for -3.73% below the listing price. In the last 12 months, 132 units have rented, and 6 have sold.
The Neighbourhood
This is an excellent location for those who love to dine out, with great restaurants close by such as Ethiopian House, The Wickson Social and Subway. With cafes such as Happy Lemon, Cups Cafe and Olympic 76 Pizza Cafe only a short 3-minute walk away, grabbing a coffee while living at The Gloucester on Yonge is a breeze.
Grocery pick-ups are made easy thanks to Rabba Fine Foods and Galleria Supermarket Express (Wellesley) within a 5-minute walk.
Residents here can stop by RBC Royal Bank on their way home from work, so they can take care of their financial needs.
There are plenty of parks nearby to keep your family busy, including Saint Mary Street Parkette, Norman Jewison Park and James Canning Gardens, which are less than 4 minutes away by foot.
Like to shop? Everything you need is close by when you live at 595 Yonge Street, including Ins Market, Cumberland Terrace and Terry's Hair 384 YONGE #63 which are only 11 away.
There are also several unique attractions nearby to keep yourself entertained, such as Roberts Gallery, Vitavie Gallery and Ontario Arts-Provincial Programs — all just a quick 7-minute walk away.
The Gloucester on Yonge is a short drive away from da Vinci School, Westside Montessori School and Kensington Community School, giving you plenty of choice for your child’s education.
Transportation
For longer journeys there’s a light transit stop at Bay St At St Joseph St North Side for your transportation needs. Residents have access to the subway stop at Wellesley, which is only 5 minutes walking distance from the building.
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 22-44 Irwin Avenue, 44 St Joseph Street and 1055 Bay Street.
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Listings For Sale
Interested in receiving new listings for sale?
Price Increase: $139,000 (Nov 17)
Price Cut: $40,000 (Nov 17)
Price Increase: $200,000 (Nov 20)
Listings For Rent
Interested in receiving new listings for rent?
Price Cut: $300 (Nov 18)
Price Cut: $100 (Nov 20)
Price Cut: $400 (Oct 16)
Price Cut: $150 (Nov 7)
Price Cut: $500 (Nov 16)
Explore Bay Street Corridor
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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 The Gloucester on Yonge
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 1-3 Gloucester Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | $593,000 | $533,000 - $550,000 | No Data | $988,000 - $1,528,000 | $835,000 | No Data |
Avg. Cost Per Sqft | $1,436 | $1,561 | No Data | $1,407 | $1,300 | No Data |
Price Range | $2,200 - $2,500 | $2,200 - $3,000 | $2,500 - $3,350 | $2,695 - $5,200 | $3,500 - $5,200 | $4,950 |
Avg. Wait for Unit Availability | 36 Days | 32 Days | 20 Days | 126 Days | 545 Days | No Data |
Avg. Wait for Unit Availability | 24 Days | 12 Days | 12 Days | 9 Days | 34 Days | 157 Days |
Ratio of Units in Building | 10% | 28% | 26% | 29% | 8% | 3% |
Unit Sales vs Inventory
Total number of units listed and sold in Bay Street Corridor