Condo for sale at 1506-1001 Bay Street, Toronto, Ontario, M5S 3A6 - Bay Street Corridor - MLS: C12222771

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1506-1001 Bay Street

Toronto, Ontario, M5S 3A6 - Bay Street Corridor

$499,999

Virtual Tour

Neighbourhood

Bay Street Corridor
Major Intersection

Bay/Bloor/Wellesley

Listed Since: 15 day(s)
Last update: 14 day(s) ago

Virtual Tour

Overview

Property Type

Comm Element Condo, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South East
Total Parking

n/a
Maintenance

$562
Taxes

$2,722.26 (2025)
Balcony

None

Property Description

Property description for 1506-1001 Bay Street, Toronto

Welcome to Suite 1506 at 1001 Bay Street Bright, Spacious & Ideally Located! Prime location in the heart of downtown Toronto! This beautifully maintained 1+1 bedroom suite (672 sq ft) features a spacious primary bedroom and a large solarium that can easily function as a second bedroom or home office. Open-concept layout with bamboo flooring throughout. Freshly painted. Enjoy stunning southeast views and abundant natural light throughout. Steps to U of T, hospitals, the subway, Bloor Street, Yorkville, the Manulife Centre, and the best shopping, dining, and entertainment the city has to offer. Exceptional building amenities include: 24- hour concierge & security, visitor parking, fitness center, indoor pool, sauna, rooftop terrace, party/meeting room, and more. Residents enjoy a vibrant, community-focused atmosphere with social events, group fitness classes, movie nights, and free WiFi in the mezzanine and lobby. A perfect choice for first-time buyers and investors alike. Move-in ready and full of charm!

Listed by CENTURY 21 MYPRO REALTY

Property details

MLS #

C12222771
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Elevator,Exercise Room,Guest Suites,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Cable, Water
Property Management

ICC Property Management Services
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12222771
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Elevator,Exercise Room,Guest Suites,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Cable, Water
Property Management

ICC Property Management Services
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

7.78 x 3.42 ft Main level

Breakfast Bar, Tile Floor
Dining

7.78 x 3.42 ft Main level

Combined W/Living, Bamboo Floor
Kitchen

4.28 x 2.77 ft Main level

Combined W/Dining, Bamboo Floor
Primary

5.84 x 3.0 ft Main level

Closet, Bamboo Floor, Ensuite Bath
Solarium

2.72 x 2.72 ft Main level

Window Flr to Ceil, Bamboo Floor, Sliding Doors

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1506-1001 Bay Street, Toronto

This property has been sold 7 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Schools

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Neighbourhood Amenities & Points of Interest

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There are no amenities available for this property at the moment.

Local Real Estate Price Trends for Comm Element Condo in Bay Street Corridor

Active listings

331

Average Selling Price of a Comm Element Condo

May 2025

$743,800

Last 3 Months

$805,484

Last 12 Months

$832,503

May 2024

$827,644

Last 3 Months LY

$892,456

Last 12 Months LY

$893,624

Change

-10%

Change

-10%

Change

-7%

Historical Average Selling Price of a Comm Element Condo in Bay Street Corridor

Average Selling Price

3 years ago

$915,697

Average Selling Price

5 years ago

$818,282

Average Selling Price

10 years ago

$555,170

Change

-19%

Change

-9%

Change

34%

Number of Comm Element Condo Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

19%

Change

-10%

Change

-10%

How many days Comm Element Condo takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

38%

Change

50%

Change

40%

Average Selling price

Inventory Graph

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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