913 - 1055 Bay Street

Welcome to your new home at 1055 Bay Street, Toronto, a fantastic condo for sale in Toronto that perfectly blends comfort and convenience. This delightful studio unit, designed with practicality in mind, boasts approximately 431 square feet of well-utilised space. It’s not just a studio; with its clever layout and custom-made removable sliding doors, this unit can easily transform into a two-bedroom suite or a dedicated office space. Ideal for two students or a young family, this condo for sale in Toronto offers a unique living experience in the vibrant Bay Street Corridor.

Located at 1055 Bay Street, Toronto, this apartment is situated in one of the most sought-after areas of the city. The Bay/Bloor Streets Corridor is renowned for its lively atmosphere and proximity to an array of amenities. You’ll find yourself within walking distance of the University of Toronto, the TTC Subway, and various bus routes, making commuting a breeze. The neighbourhood is brimming with life, featuring Yorkville shops, a plethora of restaurants, entertainment venues, art galleries, museums, theatres, schools, libraries, and parks. It truly is the best location for anyone looking to immerse themselves in the heart of the city.

As you step inside this unfurnished condo for sale in Toronto, you’ll appreciate the clean and functional design. The layout includes one bedroom and a den, along with a well-appointed bathroom. The kitchen is flat and practical, catering to all your culinary needs. Although there is no additional kitchen or family room, the space is designed to maximise comfort and usability. The unit is equipped with central air conditioning to keep you cool during those warm summer months.

One of the highlights of this property is the underground garage space, providing secure parking for your vehicle. While there is no pool or fireplace, the building offers an array of fantastic amenities that more than make up for it. Residents can enjoy 24-hour concierge security, a gym, exercise rooms, squash courts, a party room, and a sauna. For those who love the outdoors, there’s a large rooftop terrace perfect for barbecues, sunbathing, or simply enjoying a jog. Plus, there are many free visitor parking spaces available for your guests, ensuring that entertaining is hassle-free.

The condo fees are reasonably low and cover all your utilities, including heat, hydro, and water, along with building insurance and common elements. This makes living at 1055 Bay Street, Toronto, not only convenient but also economical. The well-maintained Polo Club 1 by Tridel is known for its excellent management, ensuring that residents enjoy a high standard of living.

If you’ve been searching for a condo for sale in Toronto that offers both value and an enviable lifestyle, look no further. This unit is a fantastic opportunity for first-time buyers, those seeking a dream home, or even a second home in the city. Don’t hesitate—take action now! Call today to arrange a viewing of this exceptional property at 1055 Bay Street, Toronto. With its prime location and impressive features, this condo for sale in Toronto won’t be on the market for long. Move in and start enjoying everything this vibrant community has to offer!

The Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic entity characterised by its striking skyline and bustling atmosphere. This area is renowned for its concentration of high-rise buildings, including corporate offices, luxury condominiums, and a plethora of retail establishments. The corridor serves as a central hub for finance and commerce, making it an ideal locale for professionals seeking a lively urban lifestyle. With easy access to public transport, cultural attractions, and green spaces like the nearby Allan Gardens, residents can enjoy a perfect blend of work and leisure. The Bay Street Corridor truly encapsulates the essence of city living, offering a rich tapestry of experiences right at your doorstep.

Schools in the Neighbourhood

This property is conveniently located near several reputable educational institutions, making it an excellent choice for families. Within just 0.8 km, you will find Church Street Junior Public School and Jesse Ketchum Junior and Senior Public School, both offering English-language instruction from Junior Kindergarten to Grade 8, with ratings of 6 and 5.9, respectively. For high school education, Jarvis Collegiate Institute is also nearby, catering to Grades 9 to 12, though it has a lower rating of 3.8. Additionally, Our Lady of Lourdes Catholic School, located 1.0 km away, provides a strong Catholic education with a rating of 6.7. St. Joseph's College School, just 0.3 km from the property, offers a well-regarded Catholic high school experience with a rating of 7.2. For those seeking French-language education, Lord Lansdowne Junior Public School and St. Mary Catholic School are also within a reasonable distance, although the former has a notably low rating. Overall, the area boasts a diverse range of educational options, ensuring that families can find suitable schools for their children’s needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 539 residents, with an average household size of 1.7 individuals. The demographic profile indicates a mature community, with an average age of 42 years. The average household income stands at $81,000, though 16.4% of the population is classified as low-income. The housing market reflects a high average price of $770,000, with a significant majority of residents (60.78%) identifying as single. Families with children make up 22.73% of households, while a notable 43.81% of the population consists of immigrants. The rental market is prominent, with 56.25% of residents renting their homes, and an overwhelming 93.75% of the housing stock being condominiums. Educational attainment is high, with 77.23% of residents holding a college or university degree. However, the labor force participation is low, with 46.53% of the population not actively engaged in the workforce. This combination of factors paints a picture of a diverse and educated community, with a mix of singles and families, a significant immigrant presence, and a predominance of renters in a relatively high-cost housing market.