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Unit 2012 at Polo Club 1 Condos

Sold

1055 Bay Street 2012, Toronto C01, ON M5S 3A3

MLS #C8160402

$595,000

Sold on June 5, 2024

June 5, 2024

Originally listed at $629,000 30 days on market

About This Property

Unobstructed Spectacular West View In Prime Yonge & Bloor Location. Steps to U of T, Yorkville, Subway, Toronto's Finest Dinning and Shopping... Impressive Sun-filled Large One-Bedroom Suite ( A Conversion from 622 Sq Ft One Bedroom + Solarium Suite) With an Open Concept Kitchen and Bedroom Closet Organizer. Maintenance Fees include All Utilities.

Investment Analysis

$2,620
Est. Monthly Rent
Based on $4/sqft
5%
Gross Yield
Before expenses
3.52%
Net Yield
After expenses
20
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($580/mo) and property tax ($2,305/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$968/sqft
Polo Club 1 Condos
$825/sqft+17.4%
Bay Street Corridor
$979/sqft-1.1%
Toronto C01
$979/sqft
Building PSF Range
$622$1,220

Premium Pricing

This unit is priced 17.4% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 13 sales and 73 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-734
MLS Size600-699
Listed OnMar 18, 2024
Maintenance Fees$580/month
Property Tax$2,305/year

Property Details Available

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Price History

Original List Price

$629,000

Listed on Mar 18, 2024

Sold Price

$595,000

Sold on Jun 5, 2024

-$34,000

-5.4%

30 days on market

Price History Available

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OQ

Your Agent

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 TypeUnderground

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About Unit 2012 at Polo Club 1 Condos

Unit 2012 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at Polo Club 1 Condos, 1055 Bay, Toronto C01. This unit is currently sold (sold for $595K).

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 2012 Polo Club 1 Condos Toronto C01

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