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    6for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    35
    Number of Units:
    564
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 3,400 SQFT
    Unit Availability:
    Medium

    Listing History for 1001 Bay

    Receive listing updates for Bay Street Corridor

    Amenities

    Indoor Pool
    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Squash Court

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1001 Bay Street1001 Bay

    Seeking a Toronto condo where you can park the car in the garage on Friday afternoon and forget about it until Monday morning? Well, 1001 Bay St. has you covered.

    1001 Bay feels and looks prestigious, with its shining glass exterior and regal column-lined lobby — equipped with a library... yes, a library — this condo will have you feeling like royalty.

    Situated on the corner of Bay and St. Joseph’s street, this 35-storey condominium offers a bounty of amenities; an indoor pool, sauna, exercise room, basketball court, security guards, just to name a few. The building was designed to encourage community, and with so many seating areas and relaxation options, you will have plenty of chances to get to know your neighbours.

    1001 Bay St. has an enviable walking score of 99, placing its residents in the heart of the city as soon as they step out of the lobby. This condo offers a secure home in an urban paradise, making it an excellent choice for professionals looking to live and work in downtown Toronto.

    The Suites

    1001 Bay St. has a lot to offer for both budget minded individuals and those with a little more financial freedom. This condo has 564 units, with suite sizes that range from Junior 1-bedrooms at 497 sq. ft to expansive 3201 sq. ft. 3-bedroom condos. Suites are available for sale and rent, perfect for a short stay or a long-term residence.

    All units feature floor-to-ceiling windows and maximize square-footage thanks to intelligent layouts. And while not every unit can boast a stunning view of the entire city, larger units on higher floors have sweeping views of the Toronto skyline.

    The Neighbourhood

    The Bay Street Corridor is one of the most desirable areas in Toronto for urban living. If a fast-paced lifestyle is what you're after, then Bay St condos for sale are sure to please. Within a few city blocks you will find an assortment of restaurants — fine-dining for a romantic night out, or many fast-food options to take the sting out of a late night on the town; and let’s be honest, sitting so close to a busy nightlife and with so many amazing restaurants, you’re bound to have some fun.

    For shoppers there are exotic boutiques on Bloor, or hundreds of stores in the Eaton centre. Entertainment options are no less vast: there is a nearby Cineplex, clubs, pubs and museums. The University of Toronto is just across the street, so students in the condo can focus on studying instead of commuting. Sports fans will not have to journey far to catch the Leafs, Jays, or Raptors — of course, 1001 Bay is not responsible for any heartbreak you might suffer at such events.

    What some might not expect from an urban location, is all the parks and opportunities for recreation that are available in this area. Queen’s Park is just a short walk from your front door, where you can cycle, jog, picnic, or just enjoy the scenery. The historic St. George Campus is nearby — there you can stroll through the trees or just sit back and take it all in.

    Transportation

    As mentioned above, 1001 Bay has a Walk Score of 99, thus “two feet and a heartbeat” might be your first choice for moving around the neighbourhood. For longer trips, the TTC services Bay and the immediate vicinity, and the Yonge-University subway line is mere minutes away. Bikers can use the lanes on Bay or College or many others that cross the downtown area.

    Those choosing to drive will find a secure parking garage to store their vehicle, and a quick commute to the Don Valley Parkway or Gardiner Expressway.

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

    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

    1001 Bay vs The Bay Street Corridor Area

    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%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor