Maintenance Fees
Lumiere Condominiums on Bay vs The Bay Street Corridor Area
1403 - 770 Bay St
$749,0001 bd1 ba1 pk600 sqft
For SaleLumiere Condominiums on Bay
5.0
40 Days on Strata
$749,000
1 Bed + 1
1 Bath
1 Parking
600 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$530/mth
Taxes:
$3,519 (2024)
Cost Per Sqft:
$1,248/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
East
Possession Date:
Vacant
Amenities
Indoor Pool
BBQs Allowed
Visitor Parking
Concierge
Games Room
Rooftop Deck
Party Room
Gym
Sauna
Rec Room
Guest Suites
Media Room
Indoor Parking
About this Listing
Welcome to Lumiere Condos in the Heart of Downtown Toronto Developed by Menkes - Bright & Spacious 1 Bedroom + Den at Prime Bay & College location! Open Concept Layout Featuring 9Ft Ceilings Spread Out. Floor To Ceiling Windows W/ Large Balcony. Modern Kitchen Design Features Stone Countertops W/ B/I Appliances, Washer & Dryer. Spacious Bedroom with Large Mirrored Closet. Separate Den can be 2nd Bedroom/Office. Steps To U Of T, Metropolitan Toronto University, Queen's Park, Eaton Center, College Park Shops, Yorkville & All Major Hospitals, Financial District, Supermarket & Subway Station Few Steps away. Top Dining & Shopping Building Amenities: 24-Hr Concierge & Security Indoor Pool & Fitness Centre Rooftop Terrace & Party Room. A Perfect End User Or Investor Opportunity. One Locker and One Parking Included.
ExtrasBuilt-In Stove, Microwave, Fridge, Dishwasher, Range Hood, Washer/Dryer. All Elfs & Window Coverings. One Parking and Locker Included
kw living realtyMLS® #C12015542
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Walkout To Balcony
0 x 0ft
Dining
Combined with Living, Open Concept
0 x 0ft
Kitchen
Combined with Dining, Granite Counter
0 x 0ft
Primary
Large Window, Large Closet
0 x 0ft
Den
Separate Room
0 x 0ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Bay Street Corridor
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9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
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7/10
Bikeability
The bike lane starts to feel like a second home.
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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
Household Income
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 Lumiere Condominiums on Bay
Days on Strata
Units at Lumiere Condominiums on Bay spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
7.2
YEARS before being sold againProperty Value
-19%
Decrease in property value within the past twelve months
Price Ranking
16th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
79
Units were Rented over the past twelve months
Best Value Rank
Lumiere Condominiums on Bay offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Lumiere Condominiums on Bay has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Lumiere Condominiums on Bay yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Lumiere Condominiums on Bay is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Lumiere Condominiums on Bay
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | No Data | $600,000 | $790,000 | $1,118,000 - $1,272,000 |
| Avg. Cost Per Sqft | No Data | No Data | $983 | $1,029 | $1,152 |
| Price Range | No Data | $2,050 - $2,600 | $2,350 - $3,500 | $1,600 - $3,950 | $2,350 - $4,350 |
| Avg. Wait for Unit Availability | No Data | 100 Days | 56 Days | 86 Days | 110 Days |
| Avg. Wait for Unit Availability | No Data | 22 Days | 17 Days | 24 Days | 29 Days |
| Ratio of Units in Building | 2% | 22% | 34% | 25% | 20% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
