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Unit 1116 at Bisha Hotel and Residences

Sold

88 BLUE JAYS Way 1116, Toronto C01, ON M5V 0L7

MLS #C10425458

$410,000

Sold on January 19, 2025

January 19, 2025

Originally listed at $399,000 24 days on market

About This Property

Bright, sun-filled Junior 1 Bedroom condo unit in the heart of Entertainment District. Functional layout at 450 sq ft. with unobstructed view. High-end elegant European style finishes. Open concept kitchen with huge marble backsplash and built-in stainless steel kitchen appliances. Stunning roof-top pool with clear view of Toronto skyline. 24-hr concierage and state-of-the-art gym. TTC Streetcar at door step, nearby St.Andrew Subway Station, TIFF, Rogers Centre, CN Tower, Ripleys Aquirium, Scotiabank Arena, Union Station, plenty of shops and restaurants. Easy access off the Gardiner highway. Includes 1 storage locker.

Investment Analysis

$1,836
Est. Monthly Rent
Based on $5/sqft
5.52%
Gross Yield
Before expenses
3.54%
Net Yield
After expenses
18.1
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($438/mo) and property tax ($2,661/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$998/sqft
Bisha Hotel and Residences
$1,136/sqft-12.1%
Waterfront Communities C1
$894/sqft+11.6%
Toronto C01
$979/sqft
Building PSF Range
$1,001$1,234

Below Market Value

This unit is priced 12.1% below the building average of $1,136/sqft. With a 3.54% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 11 sales and 151 leases in this building. Unit size estimated at 400 sqft.

Property Details

Bathrooms

1

Square Feet

0-499 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2603
MLS Size0-499
Listed OnNov 14, 2024
Maintenance Fees$438/month
Property Tax$2,661/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)4.01 x 3.6513.2 x 12.0-
Living Room(Flat)4.01 x 3.6513.2 x 12.0-
Living Room(Flat)4.01 x 3.6513.2 x 12.0-
Living Room(Flat)4.01 x 3.6513.2 x 12.0-
Living Room(Flat)4.01 x 3.6513.2 x 12.0-
Dining Room(Flat)4.01 x 3.6513.2 x 12.0-
Dining Room(Flat)4.01 x 3.6513.2 x 12.0-
Dining Room(Flat)4.01 x 3.6513.2 x 12.0-
Dining Room(Flat)4.01 x 3.6513.2 x 12.0-
Dining Room(Flat)4.01 x 3.6513.2 x 12.0-
Kitchen(Flat)4.01 x 3.6513.2 x 12.0-
Kitchen(Flat)4.01 x 3.6513.2 x 12.0-
Kitchen(Flat)4.01 x 3.6513.2 x 12.0-
Kitchen(Flat)4.01 x 3.6513.2 x 12.0-
Kitchen(Flat)4.01 x 3.6513.2 x 12.0-
Bedroom(Flat)2.2 x 3.657.2 x 12.0-
Bedroom(Flat)2.2 x 3.657.2 x 12.0-
Bedroom(Flat)2.2 x 3.657.2 x 12.0-
Bedroom(Flat)2.2 x 3.657.2 x 12.0-
Bedroom(Flat)2.2 x 3.657.2 x 12.0-

Room Dimensions Available

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Price History

Original List Price

$399,000

Listed on Nov 14, 2024

Sold Price

$410,000

Sold on Jan 19, 2025

+$11,000

2.8%

24 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 NameBisha Hotel and Residences
Address88 Blue Jays Way, Toronto
Parking TypeUnderground

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About Unit 1116 at Bisha Hotel and Residences

Unit 1116 is a residential condo & other, 1 bathroom spanning approximately 0-499 square feet located at Bisha Hotel and Residences, 88 Blue Jays Way, Toronto. This unit is currently sold (sold for $410K).

About Bisha Hotel and Residences

Bisha Hotel and Residences is located at 88 Blue Jays Way, Toronto in Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C1 Neighbourhood

This unit is located in Waterfront Communities C1, 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 Bisha Hotel and Residences, 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 1116 Bisha Hotel and Residences Toronto C01

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