Bay

1055 Bay Street is a 16-storey high-rise apartment condominium in Toronto's Bay Street Corridor, completed in 1987. The building contains approximately 1,100-square-foot units with an average monthly maintenance fee of around $1,112 (roughly $1.01 per square foot), which covers heat, water, hydro, and building insurance. Recent sales have averaged around $820,000. The location provides excellent access to over 130 restaurants and cafes, twelve grocery stores, and numerous parks within 800 metres, while Dundonald Street rapid-transit station is just 317 metres away. Before committing to purchase, a thorough review of the status certificate, reserve fund study, financial statements, and building by-laws is essential to understand the property's financial health and any upcoming major repairs.