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    Toronto / Downtown / Bay Street Corridor

    1616 - 111 Elizabeth St

    For RentOne City Hall Place
    $2,450/mth
    Price Cut: $2,800
    1 Bed + 1
    1 Bath
    1 Parking
    683 SQFT
    58 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 12, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    Yes
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept, Walkout To Balcony
    20.74 x 10.5ft
    Dining
    Combined with Living, Laminate
    20.74 x 10.5ft
    Kitchen
    Laminate, Halogen Lighting, Combined with Dining
    10.66 x 6.99ft

    About this Listing

    High-Demand Luxury Condo With 1 Bedroom + 1 Den + Parking. This Unit is With Furniture And The Den Can Be Used As A Second Bedroom. Featuring 9' Ceilings, An Open Concept Layout With A Walkout To The Balcony. Conveniently Located Steps Away From The Subway, University Of Toronto (UT), OCAD University, the hospital, and Eaton Center, Dundus Square, City Hall, Financial District, Hospital. Enjoy The Benefits Of 24-Hour Concierge Service And A Variety Of Amenities Including A Gym, Guest Suites, Indoor Pool+ Sauna, Rooftop.

    re/max excel realty ltd.MLS® #C9246900

    Amenities

    Indoor Parking
    Party Room
    Concierge
    Rec Room
    Indoor Pool
    Visitor Parking

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    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!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    One City Hall Place vs The Bay Street Corridor Area

    Building Trends At One City Hall Place

    Days on Strata

    Units at One City Hall Place spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    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
    6.9
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    65
    Units were Rented over the past twelve months

    Best Value Rank

    One City Hall Place offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    One City Hall Place has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    One City Hall Place yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    One City Hall Place is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 111 Elizabeth Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$503,000$614,000$628,000 - $775,000$838,000$890,000No Data
    Avg. Cost Per Sqft$1,284$1,141$1,019$929$985No Data
    Avg. Wait for Unit Availability95 Days59 Days43 Days282 Days380 Days2553 Days
    Ratio of Units in Building21%23%44%7%6%1%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor