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    for sale
    213 Days on Strata

    LPH3 - 1080 Bay St

    U Condominium4.8
    $899,000
    Price Cut: $171,000
    1 Bed
    1 Bath
    2 Parking
    500 - 599 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $606/mth
    Taxes:
    $4,177 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,501 - $1,798/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Jul 1
    Exposure:
    West

    Amenities

    Sauna
    Rec Room
    BBQs Allowed
    Indoor Parking
    Party Room
    Gym
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Luxury Penthouse, 1 Bedroom Suite At Prestigious U Condominiums. Clear and expansive Forever Unobstructed City & Lake View from Very Large 132 Sq Ft Walk-Out Terrace. Extremely Smart & Functional Layout With No Space Wasted. Open Concept Living & Dining, Stylish Modern Kitchen . Stunning building with a ton of amenities. Steps from Yorkville, U of T, downtown. It's in the perfect location. And amazingly, it comes with Two Parking AND Two Locker Included. You can lease or sell the extra spot and locker, earn income while living in luxury. Motivated Seller, Easy Showings!

    re/max realtron realty inc.MLS® #C12097156

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Room dimensions are not available for this listing.

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

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    map of location
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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Building Trends At U Condominium

    Days on Strata

    Units at U Condominium spend an average of
    55
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 47 condos in the Bay Street Corridor area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    309
    Units were Rented over the past twelve months

    Best Value Rank

    U Condominium offers the
    ?
    best value out of 47 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    U Condominium has the
    ?
    highest ROI out of 47 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    U Condominium yields the
    ?
    highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood

    High Demand

    U Condominium is the
    ?
    most popular building out of 47 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at U Condominium

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$830,000 - $999,000$1,000,000 - $1,352,000$2,118,888$3,600,000$4,200,000
    Avg. Cost Per SqftNo DataNo Data$1,323$1,450$1,574$1,445$1,433
    Avg. Wait for Unit Availability77 Days34 Days28 Days26 Days140 Days545 Days284 Days
    Ratio of Units in Building8%19%19%20%4%1%2%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor