717 Bay St 1606

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717 Bay St 1606, Downtown Toronto
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C4015158
MLSID
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Property Description
Attention! Attention! Amazing Investment Opportunity! Rarely Offered Bright And Spacious, Two Bedroom + Den Boats Nearly 900 Square Feet. Den Can Be Converted Into A Bedroom. Steps From Universities, Hospitals, Ttc, Restaurants, Cafes, Much More!! Amenities Include Indoor Swimming Pool, Whirlpool, Saunas, Indoor Running Track, 24Hr Security, Entertainment Facilities, Rooftop Garden And Common Bbqs. Currently Tenanted For $3000 Per Month!
Extras
All Existing Furniture Included! Fridge, Stove, Microwave, B/I Dishwasher, Stacked W/D, All Elfs, All Window Coverings.
Property Features
Clear View, Hospital, Park, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,348 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat14.70' x 13.91'Hardwood Floor, Combined W/Dining
DiningFlat14.70' x 13.91'Hardwood Floor, Combined W/Living
KitchenFlat7.71' x 7.55'Ceramic Floor
MasterFlat13.62' x 10.89'Hardwood Floor, Closet, Window
2nd BrFlat8.89' x 8.01'Hardwood Floor, Sliding Doors, Window
DenFlat8.10' x 10.20'Hardwood Floor, Sliding Doors, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
717 Bay St 1606 is a 2-bedroom 1-bathroom condo listed for sale at $618,000, which is $170,398 (21.6%) lower than the average sold price of $788,398 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $585 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $4,212 (0.5%) from the same time one year ago.
Inventory Change
There were 1,151 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is down 1.5% compared with the previous 30 day period (February 9 - March 9) and up 22.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,337) (1.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $3,548 increase compared to the previous 30 day period (February 9 - March 9) and ($8,736) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 60.4%, up from 43.8% over the previous 30 days (February 9 - March 9) and down from 64.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Taza Real Estate, Brokerage
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