Sold
$660,000
3bed|1bath|900-999sqft
1 parking|0 locker
Unit 1101
1055 Bay Street 1101, Toronto C01, ON M5S 3A3
Residential Condo & Other|$939 fees|$3559 tax
MLS #C12824828
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Unit 1801 at Polo Club 1 Condos
Sold1055 BAY Street 1801, Toronto C01, ON M5S 3A3
MLS #C8027882
$740,000
Sold on May 5, 2024
May 5, 2024
Originally listed at $765,000 36 days on market
About This Property
FULLY RENOVATED 2 BED PLUS DEN CONDO IN THE HEART OF DOWNTOWN. THIS FUNCTIONAL FLOOR PLAN HAS IT ALL. UPGRADED KITCHEN WITH NEW CABINETS, APPLIANCES AND QUARTZ COUNTERTOPS. BRAND NEW LIGHTING. Upgraded Motorized blinds. UPGRADED 4-PIECE BATHROOM WITH STAND ALONE TUB. Freshly painted. GREAT BUILDING AMENITIES INCLUDING 24 HOUR CONCIERGE, GYM, SQUASH COURTS, PARTY ROOM, ROOFTOP TERRACE W/ BBQ AND VISITOR PARKING. Close to UofT. MAINTENANCE FEE INCLUDES ALL UTILITIES.
Investment Analysis
$3,829
Est. Monthly Rent
Based on $4/sqft
6.01%
Gross Yield
Before expenses
4.29%
Net Yield
After expenses
16.6
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($843/mo) and property tax ($2,998/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$805/sqftPolo Club 1 Condos
$825/sqft-2.4%
Bay Street Corridor
$955/sqft-15.7%
Toronto C01
$883/sqft
Building PSF Range
$622$1,220
Fair Market Price
This unit is priced in line with the building average of $825/sqft. Expected net yield of 4.29% after maintenance and taxes.
Analysis based on 13 sales and 73 leases in this building. Unit size estimated at 950 sqft.
Property Details
Bedrooms
3
Bathrooms
1
Square Feet
900-999 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-734
MLS Size900-999
Listed OnJan 27, 2024
Maintenance Fees$843/month
Property Tax$2,998/year
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Price History
Original List Price
$765,000
Listed on Jan 27, 2024
Sold Price
$740,000
Sold on May 5, 2024
-$25,000
-3.3%
36 days on market
Price History Available
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Unit 1710
1055 Bay Street 1710, Toronto, ON M5S 3A3
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Available For Sale in This Building
Available For Sale in This Building
1 / ...
For Sale
$499,000
Unit 2210
MLS# C134692721055 Bay Street 2210, Toronto, ON M5S 3A3
1bed|1bath|500-599sqft
1parking|1locker
Residential Condo & Other|$778 fees|$2653 tax
72 days on market
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$548,000
Unit 716
MLS# C132115081055 Bay Street 716, Toronto, ON M5S 3A3
2bed|1bath|600-699sqft
0parking|1locker
Residential Condo & Other|$579 fees|$2511 tax
94 days on market
1 / ...
For Sale
$618,000
Unit 1401
MLS# C133293181055 Bay Street 1401, Toronto, ON M5S 3A3
3bed|1bath|900-999sqft
1parking|1locker
Residential Condo & Other|$1035 fees|$3559 tax
85 days on market
OQ
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OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NamePolo Club 1 Condos
Address1055 Bay, Toronto C01
Parking TypeNone
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About Unit 1801 at Polo Club 1 Condos
Unit 1801 is a residential condo & other with 3 bedrooms, 1 bathroom spanning approximately 900-999 square feet located at Polo Club 1 Condos, 1055 Bay, Toronto C01. This unit is currently sold (sold for $740K).
About Polo Club 1 Condos
Polo Club 1 Condos is located at 1055 Bay, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Bay Street Corridor Neighbourhood
This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Polo Club 1 Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
Keywords: Unit 1801 Polo Club 1 Condos Toronto C01
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