Sold
$503,000
2bed|1bath|700-799sqft
0 parking|1 locker
Unit 1908
1055 Bay Street 1908, Toronto C01, ON M5S 3A3
Residential Condo & Other|$711 fees|$2941 tax
MLS #C13146162
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Unit 308 at Polo Club 1 Condos
Sold1055 Bay Street 308, Toronto C01, ON M5S 3A3
MLS #C11885949
$549,000
Sold on January 28, 2025
January 28, 2025
Originally listed at $499,000 30 days on market
About This Property
Welcome To Spacious 1 Bedroom Plus Den Suite In Tridel Built Polo Club 1 At Bay & Bloor In Downtown Toronto, Walking Distance To U Of T & Yorkville , Subway Station. Newly Replaced Large Windows, Laminate Floor, Updated Kitchen. Includes One Parking Space & 1 Locker , Monthly Maintenance Fees Include All Utilities, Wonderful : Having amenities like 24-hour security, a gym, pool, and rooftop terrace adds a lot of value to the living experience. And having the option to use the den as a second bedroom increases the flexibility of the space. It seems like a great opportunity for anyone looking to live in the heart of downtown Toronto.
Investment Analysis
$3,023
Est. Monthly Rent
Based on $4/sqft
7.27%
Gross Yield
Before expenses
4.92%
Net Yield
After expenses
13.8
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($762/mo) and property tax ($2,604/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$665/sqftPolo Club 1 Condos
$825/sqft-19.4%
Bay Street Corridor
$955/sqft-30.3%
Toronto C01
$883/sqft
Building PSF Range
$622$1,220
Below Market Value
This unit is priced 19.4% below the building average of $825/sqft. With a 4.92% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 13 sales and 73 leases in this building. Unit size estimated at 750 sqft.
Property Details
Bedrooms
2
Bathrooms
1
Square Feet
700-799 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypePrivate
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-734
MLS Size700-799
Listed OnDec 7, 2024
Maintenance Fees$762/month
Property Tax$2,604/year
Property Details Available
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Foyer(Main) | 4.19 x 2.29 | 13.7 x 7.5 | - |
| Foyer(Main) | 4.19 x 2.29 | 13.7 x 7.5 | - |
| Kitchen(Main) | 3.35 x 5.94 | 11.0 x 19.5 | - |
| Kitchen(Main) | 3.35 x 5.94 | 11.0 x 19.5 | - |
| Living Room(Main) | 3.35 x 5.94 | 11.0 x 19.5 | - |
| Living Room(Main) | 3.35 x 5.94 | 11.0 x 19.5 | - |
| Den(Main) | 3.01 x 2.96 | 9.9 x 9.7 | - |
| Den(Main) | 3.01 x 2.96 | 9.9 x 9.7 | - |
| Laundry(Main) | 4.57 x 2.74 | 15.0 x 9.0 | - |
| Laundry(Main) | 4.57 x 2.74 | 15.0 x 9.0 | - |
Room Dimensions Available
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Unit 308 History
Complete transaction history for this unit
4 More Transactions Available
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Transaction History Available
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Price History
Original List Price
$499,000
Listed on Dec 7, 2024
Sold Price
$549,000
Sold on Jan 28, 2025
+$50,000
10.0%
30 days on market
Price History Available
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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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For Sale
$548,000
Unit 716
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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 TypePrivate
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About Unit 308 at Polo Club 1 Condos
Unit 308 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at Polo Club 1 Condos, 1055 Bay, Toronto C01. This unit is currently sold (sold for $549K).
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 308 Polo Club 1 Condos Toronto C01
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