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    Polo Club I Condos
    5for Sale
    4for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    335
    Condo Completion:
    1987
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,200 SQFT
    Unit Availability:
    Low

    Listing History for Polo Club I Condos

    Receive listing updates for Bay Street Corridor

    Amenities

    Security System
    BBQs Allowed
    Indoor Parking
    Rooftop Deck
    Sauna
    Bike Storage

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1055 Bay StreetPolo Club I Condos

    The Polo Club I Condos is a veteran in the world of residential buildings — it’s been around since 1987. While some prospective buyers flock to modern, sleek glass towers for obvious reasons, it can also be beneficial to live in a building that’s had some time to work out any kinks.

    In any case, the condos at 1055 Bay Street manage to feel quite contemporary, despite their construction date. Tridel Developments was behind the creation of the 22-storey glass and brick structure, which houses 355 downtown Toronto condos.

    The building must have been popular back in the day, since a second followed suit in 1988. The sister building of the Polo Club I Condos, Polo Club II Condos, is located just around the corner, at 44 Saint Joseph Street.

    But back to the Polo Club I: the lineup of amenities available for residents is certainly as impressive as many of its contemporary neighbours. Those living at 1055 Bay Street can forgo paying for a gym membership, thanks to the building’s gym, squash court, sauna, and hot tub. Residents can also gather — with each other or with their guests — in the party room or on the common rooftop terrace. Other added bonuses include a security guard onsite as well as a parking garage.

    The Suites

    The homes at 1055 Bay Street range in both size and style, allowing Bay St condos for sale in this building to suit the needs of all sorts of buyers. While 500 square foot junior one bedrooms might appeal to young, first-time buyers, larger suites span up to 1,200 square feet and feature two bedrooms plus a den.

    Aesthetically, the Polo Club I Condos are elegant and bright. Floor-to-ceiling, wall-to-wall windows usher in warm sunlight during the daytime, in both the principal rooms and the bedrooms. And thanks to the high-rise status, residents living on upper levels can enjoy watching the commotion of the city from the serenity of one’s own home.

    The Neighbourhood

    Naturally, the Bay Street Corridor is a huge selling point for these units. Located in the true centre of the city, residents have their pick of how to spend their weekends.

    Just to the north of 1055 Bay Street, the elegant streets of Yorkville await. Beginning on Bloor and taking over the blocks just north, designer boutiques become unavoidable. While some may prefer to window shop at Gucci and Chanel, other more affordable stores — thankfully — intermingle with their luxurious neighbours.

    A walk through the University of Toronto Campus is yet another way to spend a sunny afternoon. Philosopher’s Walk is a favourite for taking a rest, as this bench-heavy path feels too calm to exist in the middle of a metropolitan city like Toronto. Alternatively, bad weather may call for indoor activities. Residents of the Polo Club I Condos are in luck, as the Royal Ontario Museum and the Gardiner Museum, as well as the University’s very own art gallery, are all within walking distance.

    Even something as simple as picking up groceries becomes Sophie’s choice for residents. The expansive Loblaws at Church and Carlton is always a solid choice, while those looking for true opulence in a grocery store will find themselves at ease at the Pusateri’s on Yorkville Avenue. And as for the health-conscious ones, a mammoth Whole Foods is located in the area as well, just north of Bloor on Avenue Road.

    Transportation

    Living just moments from Yonge Street has its perks — and transportation is one of them. The Polo Club I Condos are equidistant to two subway stops: Wellesley station on the Yonge line, and Bloor-Yonge station that connects the Bloor-Danforth and Yonge lines. Regardless of which station one chooses, both of these will take about seven minutes to reach on foot.

    In about 12 minutes, residents can reach Union Station. From here, those traveling out of the city can catch a GO bus or train, or a VIA Rail train. Toronto’s two airports are also easily accessible from 1055 Bay Street. Pearson will take about 45 minutes to reach when using the TTC and UP services, while drivers can make the journey in just under 30 minutes. Those flying Porter can head over to Billy Bishop Toronto City Airport in around the same amount of time.

    As for those who prefer to get some exercise in while they traverse the streets of Toronto, the building is certainly well situated for cyclists. Bloor and Wellesley are ideal routes for heading east and west via bicycle, while Sherbourne and Bay will carry bikers safely north and south.

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    Explore Bay Street Corridor

    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 condos

    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%

    Maintenance Fees

    Polo Club I Condos vs The Bay Street Corridor Area

    Days on Strata

    Units at Polo Club I Condos spend an average of
    47
    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
    13.1
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    43
    Units were Rented over the past twelve months

    Best Value Rank

    Polo Club I Condos offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Polo Club I Condos has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Polo Club I Condos yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Polo Club I Condos is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1055 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$530,000 - $580,000$595,000 - $630,000No Data$740,000No Data
    Avg. Cost Per SqftNo Data$1,201$959No Data$843No Data
    Avg. Wait for Unit Availability303 Days108 Days54 Days224 Days202 DaysNo Data
    Ratio of Units in Building9%24%48%11%10%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor