2404 - 1080 Bay Street

Introducing a remarkable opportunity to acquire an apartment for sale in Toronto , located at 1080 Bay Street, Toronto. This pristine and well-maintained corner unit boasts two spacious bedrooms and two bathrooms, making it an ideal choice for those seeking comfort and convenience in the vibrant Bay Street Corridor. The apartment for sale in Toronto is situated within the prestigious U-Condominiums, a highly sought-after building that exemplifies modern living.

Spanning an impressive 892 square feet, complemented by an additional 227 square feet of balcony space, this apartment offers a generous open-concept layout that is perfect for both relaxation and entertaining. The unobstructed views from the balcony showcase the lush urban treetops at Queen's Park, the esteemed University of Toronto campus, and the iconic CN Tower in the distance, providing a picturesque backdrop that enhances your living experience. The calming and bright sunlight that floods the entire suite contributes to a sense of well-being, making this apartment a true sanctuary in the heart of the city.

The apartment for sale in Toronto is in excellent condition and is move-in ready, allowing you to settle in without delay. The modern kitchen features a flat design, providing a sleek and functional space for culinary pursuits. With a total of five rooms, including the two bedrooms and two bathrooms, there is ample space for both relaxation and productivity. The absence of a den and family room means that the layout remains open and airy, perfect for those who appreciate a minimalist aesthetic.

In terms of amenities, this apartment is equipped with central air conditioning to ensure comfort throughout the year. While there is no pool or fireplace, the building offers other conveniences that cater to modern living. Internet access is readily available, allowing you to stay connected with ease. The apartment is unfurnished, providing you with the opportunity to personalise the space according to your own taste and style.

The heating system is powered by forced air, ensuring that the apartment remains warm and inviting during the cooler months. It is worth noting that there is no central vacuum system, sewer, or water service included, but the convenience of an underground garage space for one vehicle and an additional parking space makes this apartment for sale in Toronto a practical choice for those who drive.

The age of the building, between six to ten years, reflects a modern construction that adheres to contemporary standards, ensuring that you benefit from the latest in design and technology. Additionally, there is no additional land associated with the property, simplifying ownership and maintenance.

Situated at 1080 Bay Street, Toronto, this apartment is ideally located in the heart of Yorkville, a vibrant neighbourhood known for its upscale shopping, exquisite dining options, and world-class schools and libraries. The proximity to public transit and major commuting routes further enhances the appeal of this apartment for sale in Toronto, making it a perfect choice for professionals and families alike.

In summary, this apartment for sale in Toronto at 1080 Bay Street, Toronto, presents a unique opportunity to own a stylish and well-appointed corner unit in a prime location. With its impressive views, spacious layout, and modern amenities, it is sure to satisfy your every need for comfortable urban living. Don’t miss out on the chance to make this exceptional property your new home.

The Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic area known for its striking skyline and bustling urban atmosphere. This neighbourhood is characterised by a mix of high-rise condominiums, corporate offices, and cultural institutions, making it a hub for both professionals and residents alike. With its proximity to the Financial District, a wealth of dining options, and easy access to public transport, the Bay Street Corridor offers a convenient lifestyle. The area is also home to several parks and green spaces, providing a welcome respite from the urban hustle. Whether you're drawn to its energetic pace or the convenience of city living, the Bay Street Corridor presents an enticing option for those seeking a cosmopolitan experience in Toronto.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of needs for families. The closest school is Jesse Ketchum Junior and Senior Public School, just 0.7 km away, offering grades JK to 8 with a commendable rating of 7.8. For high school students, Jarvis Collegiate Institute is 0.9 km from the property, providing grades 9 to 12, although it has a lower rating of 5.9. Additionally, St. Joseph's College School, located only 0.3 km away, is a Catholic institution for grades 9 to 12, boasting a solid rating of 7.6. Other nearby schools include Our Lady of Lourdes Catholic School (1.1 km, JK to 8, rating 5.5) and Lord Lansdowne Junior Public School (1.4 km, JK to 8, rating 0). For younger children, St. Mary Catholic School is 2.7 km away, offering grades JK to 4 with a rating of 5.7. Overall, the area provides a diverse range of educational options, ensuring that families have access to quality schooling within a short distance from their home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of approximately 1,930 residents, with an average household size of 1.7. The demographic profile reveals a youthful population, with an average age of 33.8 years. The average household income stands at $88,400, although a significant portion, 32.6%, is classified as low-income. The real estate market reflects a high average property price of $1,152,000, with a notable prevalence of condominiums, making up 71.12% of the housing stock. The community is characterized by a high percentage of single individuals, accounting for 63.44%, while households with children represent 23.29%. The area is also diverse, with 42.71% of residents being immigrants. A substantial majority, 70.69%, are renters, indicating a strong rental market. Educational attainment is high, with 76.15% of residents holding a college or university degree. However, nearly 35% of the population is not in the labor force, suggesting potential economic challenges. Overall, this demographic snapshot highlights a vibrant, educated, yet economically diverse community with a significant rental market and a youthful demographic.