$598,000
For sale: Apartment

Suite 1703 at The Royalton is a 1+den with two full bathrooms, and the den is what makes the layout work. It's a separate room with doors, roughly 7 x 9 feet, and it fits a bed or a proper desk. Set it up as a home office, a guest room or a space for a roommate, and close the doors when you're done for the day. The primary has its own ensuite, and the second bathroom sits off the main living space for guests. The living and dining room opens onto a south-facing balcony, and the kitchen has granite counters and a breakfast bar for quick meals. It's a boutique building in the heart of Toronto at Bay and College, about 137 suites, with 24-hour concierge, a gym, a party room and a rooftop terrace. Walk to Toronto General, U of T or Queen's Park, or get on the subway at College station three minutes away.
Sold data
Homes in Bay Street Corridor took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 100 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $554,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 100 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bay Street Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$595,000
Apartment607 - 126 SIMCOE STREET, Waterfront Communities C1, Toronto

$599,000
Apartment410 - 625 QUEEN STREET E, South Riverdale, Toronto

$599,000
Apartment307 - 50 ORDNANCE STREET, Niagara, Toronto

$610,000
Apartment1801 - 18 YONGE STREET, Waterfront Communities C1, Toronto

$619,000
Apartment2008 - 130 RIVER STREET, Regent Park, Toronto

$590,000
Apartment501 - 1400 KINGSTON ROAD, Birchcliffe-Cliffside, Toronto

$568,000
Apartment2910 - 101 CHARLES STREET E, Church-Yonge Corridor, Toronto

$599,000
Apartment2109 - 85 MCMAHON DRIVE, Bayview Village, Toronto