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Unit 201 at Polo Club 1 Condos

Sold

1055 Bay Street 201, Toronto C01, ON M5S 3A3

MLS #C11909923

$590,500

Sold on March 3, 2025

March 3, 2025

Originally listed at $629,000 32 days on market

About This Property

Welcome to Polo Club 1 by Tridel. Spacious 2 bedroom plus den (could be 3rd bedroom or WFH) of 902sf at Bay & Bloor. Prime location: steps to Yorkville, Universities, Financial District, Hospitals and several subway stations. Excellent Amenities including 24 hr Concierge, Gym, Hot Tub, Sauna,Party Room, Rooftop Deck with bbq's & visitor parking. Maintenance fees include all utilities and cable. Take one flight of stairs and no need to wait for the elevator. Parking is easily rented, if needed.The unit has been freshly painted. **EXTRAS** - all existing light fixtures, window coverings - bathtub as-is

Investment Analysis

$3,829
Est. Monthly Rent
Based on $4/sqft
7.3%
Gross Yield
Before expenses
5.19%
Net Yield
After expenses
13.7
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($842/mo) and property tax ($3,205/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$662/sqft
Polo Club 1 Condos
$825/sqft-19.7%
Bay Street Corridor
$955/sqft-30.6%
Toronto C01
$883/sqft
Building PSF Range
$622$1,220

Below Market Value

This unit is priced 19.7% below the building average of $825/sqft. With a 5.19% 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 950 sqft.

Property Details

Bedrooms

3

Bathrooms

1

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-734
MLS Size900-999
Listed OnJan 5, 2025
Maintenance Fees$842/month
Property Tax$3,205/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)5 x 4.916.4 x 16.1-
Living Room(Main)5 x 4.916.4 x 16.1-
Dining Room(Main)5 x 4.916.4 x 16.1-
Dining Room(Main)5 x 4.916.4 x 16.1-
Bedroom(Main)3.88 x 2.7412.7 x 9.0-
Bedroom(Main)3.88 x 2.7412.7 x 9.0-
Bedroom 2(Main)3.16 x 2.3110.4 x 7.6-
Bedroom 2(Main)3.16 x 2.3110.4 x 7.6-
Den(Main)3.9 x 2.1712.8 x 7.1-
Den(Main)3.9 x 2.1712.8 x 7.1-
Kitchen(Main)2.2 x 2.157.2 x 7.1-
Kitchen(Main)2.2 x 2.157.2 x 7.1-

Room Dimensions Available

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Unit 201 History

Complete transaction history for this unit

Leased

Leased: Jul 31, 2025

$3,300/mo

42 days on marketLease
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3 More Transactions Available

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Price History

Original List Price

$629,000

Listed on Jan 5, 2025

Sold Price

$590,500

Sold on Mar 3, 2025

-$38,500

-6.1%

32 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 201 at Polo Club 1 Condos

Unit 201 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 $591K).

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 201 Polo Club 1 Condos Toronto C01

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