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    Toronto / Downtown / Bay Street Corridor

    2607 - 1001 Bay St

    For Rent1001 Bay
    $2,450/mth
    1 Bed + 1
    1 Bath
    0 Parking
    500 - 599 SQFT
    38 Days on Strata
    Est Lease Timeframe
    22 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Exclusive
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Parquet Floor
    18.05 x 11.16ft
    Dining
    Combined with Living, Parquet Floor
    11.16 x 18.05ft
    Kitchen
    Ceramic Floor, Built-in Dishwasher, Breakfast Bar
    10.83 x 9.02ft

    About this Listing

    Welcome to 1001 Bay Street, Unit #2607 a spacious 1-bedroom plus den offering breathtaking southeast views of Torontos vibrant skyline. This bright, open-concept unit boasts large windows that fill the space with natural light, creating a warm and inviting atmosphere. Located just steps from the University of Toronto, Queens Park, and the upscale shops and restaurants of Yorkville, this prime location is perfect for both work and play. Enjoy peace of mind with 24-hour concierge and security services, and take advantage of the buildings top-tier recreation facilities, including guest suites for visitors. Dont miss this exceptional opportunity to live in the heart of the city!

    exp realtyMLS® #C9410207

    Amenities

    Indoor Pool
    Gym Room
    Sauna
    Squash Court
    Party Room
    Rec Room

    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
    Your bike's the trusty steed in this urban jungle — giddy up!

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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.

    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

    1001 Bay vs The Bay Street Corridor Area

    Building Trends At 1001 Bay

    Days on Strata

    Units at 1001 Bay spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    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
    10.8
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    67
    Units were Rented over the past twelve months

    Best Value Rank

    1001 Bay offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    1001 Bay has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    1001 Bay yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    1001 Bay is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1001 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$524,000 - $620,000$580,000 - $710,000$950,000 - $1,065,000$800,000 - $1,006,000No DataNo Data
    Avg. Cost Per SqftNo Data$914$893$848$780No DataNo Data
    Avg. Wait for Unit Availability414 Days133 Days30 Days128 Days141 Days564 DaysNo Data
    Ratio of Units in Building6%10%59%10%15%2%2%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor