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    609 - 1 Gloucester St

    For Sale The Gloucester on Yonge
    $1,699,000
    Price Cut: $1,780,000
    2 Beds
    2 Bath
    1 Parking
    1,084 SQFT
    62 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $919/mth
    Taxes:
    $6,470 (2023)
    Cost Per Sqft:
    $1,567/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North West
    Possession Date:
    July 20, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to your exceptionally rare full-floor residence at the highly exclusive, Two-year-new 1 Gloucester St (only 31 residences in the building). Your exclusive elevator opens up directly into your suite (virtually unheard of in Toronto)! Experience the best of both worlds: relax in your serene sun-soaked sanctuary loaded with modern luxuries while enjoying all that the central heart of Toronto (Yonge and Bloor) has to offer (including your direct underground access to Wellesley TTC Station/Line 1 Subway and your underground parking space).Your expansive 1,523 total sqft of living space will be sure to delight. An entertainers dream: your suite is the only one in the building with 3 private rooftop terraces (situated on top of the podium).The home offers open concept spaces; 10-foot smooth ceilings; double-glazed insulated floor-to-ceiling windows facing the West, South, and East - which all add to a feeling of airiness and spaciousness.This residence is a singularly unique jewel in top developer Concord Pacifics crown. Too many bespoke features to list here. Highlights include: custom kitchen with integrated premium appliances, centre island, & designer countertops/backsplash; marble flooring, shower surrounds, and bathtub surround; all new LED pot lights + light fixtures throughout; wide-plank engineered hardwood; 7 high contemporary baseboards; custom built-in closet organizers; custom-designed wood feature walls; custom-designed accent doors; freestanding washer & dryer (rare in condos); high smooth ceilings; freshly painted throughout; etc.Perfect central location at Yonge & Bloor:At your doorstep: 2 TTC subway lines; Yorkville lifestyle, restaurants, & shopping; University of Toronto; Yonge-Bloor Business Centre; College Park; Mink Mile; the Royal Ontario Museum; the Royal Conservatory of Music; etc.Minutes to: Financial District; Queens Park; Nathan Phillips Square; Discovery-Hospital District; Toronto Met. University; OCAD; etc.

    Extras1 parking + 1 locker included. 3 private rooftop terraces. Excellent amenities including: exclusive elevator; exclusive concierge only for these 31 bespoke residences; rooftop swimming pool; patio with BBQs; gym; party room; lounge; etc.

    jdl realty inc.MLS® #C9047758


    Amenities

    Media Room
    Outdoor Pool
    Security System
    Gym Room
    Concierge
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

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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%

    Maintenance Fees

    The Gloucester on Yonge vs The Bay Street Corridor Area

    Days on Strata

    Units at The Gloucester on Yonge spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -17%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 36 condos in the Bay Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    132
    Units were Rented over the past twelve months

    Best Value Rank

    The Gloucester on Yonge offers the
    ?
    N/A
    best value out of 36 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Gloucester on Yonge has the
    ?
    N/A
    highest ROI out of 36 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Gloucester on Yonge yields the
    ?
    N/A
    highest rent prices out of 36 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Gloucester on Yonge is the
    ?
    N/A
    most popular building out of 36 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1-3 Gloucester Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$593,000$533,000 - $550,000No Data$988,000 - $1,528,000No DataNo Data
    Avg. Cost Per Sqft$1,436$1,561No Data$1,407No DataNo Data
    Avg. Wait for Unit Availability36 Days32 Days20 Days126 DaysNo DataNo Data
    Ratio of Units in Building10%28%26%29%8%3%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor