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            For Sale 54 Days On Site

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            near Bay/Wellesley
            $635,000 1+0bdr • 1ba • 1kit • 600-699sf
            Average Income
            $37,837
            Population Age
            33 y/old
            School Score
            5.55/10
            Price Index Change 1y
            +1.63%
            Price Index Change 3y
            +40.57%
            Rent Index Change 1y
            +1.15%
            Rent Index Change 3y
            +23.30%

            Condo Apt • Apartment #609 • 6 Level

            #609 887 Bay St, Bay Street Corridor, Toronto
            • Rooms and Bathrooms X+X bedr, X bath
            • Kitchens X
            • area XXXX
            • garage 1.0 Undergrnd
            • exposure W
            • age n/a
            • locker Owned
            • possession

              30 Days/Tba

            $635,000

            $2,362.20
            Tax yr: 2019

            $537.62/m

            98 Walker's Paradise

            100 Rider's Paradise

            96 Biker's Paradise

            5.55/10

            Property Location Details
            • Toronto

            • Toronto

            • Bay Street Corridor

            • Bay/Wellesley

            • M5S3K6

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            HOMELIFE GOLD PACIFIC REALTY INC., BROKERAGE

            Property Overview
            Excellent Location @ Bay/Wellesley. Famous 'Opera Place' In The Heart Of Downtown. Wood Flooring. Immaculate Condition,Spacious & Sunny Layout.Approx 650 Sq.Ft. As Per Plan.Huge Balcony,One Parking (Close To Elevator Lobby) & Locker Are Included.Walk To U Of T,Yorkville,Ryerson, Hospitals,Financial District,Ttc,Subway,Queens Park,Shops,Restaurants,Ymca & More.Very Well Maintained & Managed Buildings.Great Amenities,24 Hrs Conci
            Extras: Fridge, Stove, B/I Dishwasher, Stacked Washer/Dryer, Vertical Blinds, All Elf's, Parking: Level A #130, Locker Level A #93
            Video tour available. Click to watch.
            Property Features
            • Hospital
            • Public Transit
            • Brick
            • Concierge
            • Exercise Room
            • Party/Meeting Room
            • Security System
            • Visitor Parking
            • Common Elements Included
            • Ensuite Laundry
            • Heat Included
            • Hydro Included
            • Building Insurance Included
            • Parking Included
            • Water Included
            • CAC Included
            • Condo Taxes Included
            • Fireplace/Stove
            • Seller Property Info Statement
            • Family Room
            • Cable TV Included
            Rooms details
            Living
            • Flat Level
            • Laminate
            • Combined W/Dining
            • W/O To Balcony
            • Size 3.22x2.22
            Dining
            • Flat Level
            • Laminate
            • Open Concept
            • Size 3.22x2.61
            Kitchen
            • Flat Level
            • Ceramic Floor
            • Breakfast Bar
            • O/Looks Dining
            • Size 2.33x2.33
            Master
            • Flat Level
            • Laminate
            • W/I Closet
            • Size 4.45x2.91
            Basement
            • None
            • Listing added to site: 2019-09-27 00:08:47
            • Last updated: 2019-09-27 00:08:45
            • Photos updated: 2019-09-26
            • Contract date: 0000-00-00
            • Input date: 0000-00-00
            • Expiry date: 0000-00-00
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Travel Times, Streetview, Walkscore
            609 887 Bay St Property & Location AIDA Analytics
            Listing Details

            General:

            609 887 Bay St is a condo apt apartment, located in Bay Street Corridor of city of Toronto, Toronto region, near Bay/Wellesley, and has been available for sale on ITRealty since 2019-09-27. This unit is located at level 6 of the building and has West exposure of Bay St. Condo registry office is MTCC, corporation number 1243.

            Lot Size and Living Area:

            609 887 Bay St has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 600-699 square feet.
            1.0 parking space(s) are owned and located undergrnd at level Level A . The locker is owned. This condo has an ensuite laundry.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Hospital, Public Transit at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Details

            General:

            609 887 Bay St condo apt is listed for $635,000. Property tax for year 2019 was $2,362. And the monthly maintenance fee was $538.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $601,094.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,383, and total expenses, including the mortgage, property tax and maintenance, fee around $2,651, assuming $635,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 609 887 Bay St, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $6,400 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Details

            General:

            Bay Street Corridor, where 887 Bay St is located, has $849,826 Home Price Index, and $2,815 Home Rent Index. Average household income at dissemination area of 887 Bay St is $37,837, and average polulation age is 33 years old.
            Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $956,420, and average Home Rent Index $2,645.

            Similar Properties & Community Details:

            There are similar to 609 887 Bay St 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 887 Bay St.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bay Street Corridor neighborhood in city of Toronto.

            Schools:

            There are at least 2 school(s) located near 887 Bay St, or schools, which boundaries this address belongs to with an average School Score 5.55 out of 10. Here are more details about these schools:
            1. Church Street Junior Public School (Grades JK-06), Public, Elementary, ranked as Average.
            2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 98, 100, and 96 accordingly, location of 887 Bay St overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            609 887 Bay St Listings History AIDA Analytics
            Bay Street Corridor, Toronto AIDA Analytics
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (38 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 34 to 41 properties like that to be sold in Bay Street Corridor during the next 30 days.
            Seasonal sales fluctuation is showing 28% inventory increase comparing to the average annual number, which is equvalent to 29.08 properties sold per month, and 0% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 54 days, which is 131% longer than it takes a similar home in Bay Street Corridor to sell, which is more than as twice as long as it takes a similar home in Bay Street Corridor to sell.
            Seasonal sales fluctuation is showing 4% D.O.M. increase comparing to the average annual number, which is equvalent to 22 D.O.M., and 7% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in Bay Street Corridor.
            The selling to asking price ratio is growing in Bay Street Corridor.
            Considering the fact that this property has already been on the market for 54 days, which is -131% longer than average number of days it takes a home to sell in Bay Street Corridor (23.4), this property may not sell above the asking price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4590630 Comparative Market Analysis

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
            Use in monthly payment calculation:
            Mortgage & Financing Details

            Assuming Fixed Rate, Monthly Payments

            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

            Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

            $7,000 Cashback
            $699,000
            1+1br 1ba 600-699sf

            Prop Tax

            $2,475

            Condo Fee

            $425

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            77

            Compare n/a

            Please Login for the Map View

            $6,000 Cashback
            $599,900
            1+1br 1ba 700-799sf

            Prop Tax

            $2,202

            Condo Fee

            $436

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            86

            Compare$640,521

            Please Login for the Map View

            $5,800 Cashback
            $575,500
            1+1br 1ba 600-699sf

            Prop Tax

            $n/a

            Condo Fee

            $323

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            74

            Compare n/a

            Please Login for the Map View

            $5,500 Cashback
            $549,000
            1+1br 1ba 600-699sf

            Prop Tax

            $2,061

            Condo Fee

            $487

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            78

            Compare$496,637

            Please Login for the Map View

            $6,400 Cashback
            $639,902
            1+1br 1ba 0-499sf

            Prop Tax

            $n/a

            Condo Fee

            $335

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            97

            Compare n/a

            Please Login for the Map View

            $6,200 Cashback
            $618,000
            1br 1ba 500-599sf

            Prop Tax

            $1,744

            Condo Fee

            $406

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            91

            Compare$496,544

            Please Login for the Map View

            $5,700 Cashback
            $569,000
            1br 1ba 0-499sf

            Prop Tax

            $1,547

            Condo Fee

            $758

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            100

            Compare n/a

            Please Login for the Map View

            $5,500 Cashback
            $549,900
            1+1br 1ba 600-699sf

            Prop Tax

            $2,100

            Condo Fee

            $468

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare$628,403

            Please Login for the Map View

            $5,500 Cashback
            $545,000
            1+1br 1ba 700-799sf

            Prop Tax

            $1,914

            Condo Fee

            $461

            Exposure

            Se

            Mortg/m

            $ calculator

            WalkScore

            81

            Compare$513,934

            Please Login for the Map View

            $6,700 Cashback
            $665,000
            1+1br 2ba 600-699sf

            Prop Tax

            $2,408

            Condo Fee

            $502

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            90

            Compare n/a

            Please Login for the Map View

            $6,600 Cashback
            $664,900
            1+1br 2ba 600-699sf

            Prop Tax

            $2,243

            Condo Fee

            $395

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            93

            Compare$686,839

            Please Login for the Map View

            $6,200 Cashback
            $619,900
            1br 1ba 500-599sf

            Prop Tax

            $2,291

            Condo Fee

            $424

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            96

            Compare n/a

            Please Login for the Map View

            $7,600 Cashback
            $759,000
            1+1br 1ba 800-899sf

            Prop Tax

            $3,313

            Condo Fee

            $567

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare$825,602

            Please Login for the Map View

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