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    The Allegro
    1for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    27
    Number of Units:
    268
    Condo Completion:
    2002
    Condo Demand:
    High
    Unit Size Range:
    396 - 3,200 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Allegro

    Receive listing updates for Bay Street Corridor

    Amenities

    Indoor Parking
    Party Room
    Bike Storage
    Games Room
    Rooftop Deck
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 909 Bay StreetThe Allegro

    Have you been searching for a condo in an exciting area? Do soul-crushing prices have you feeling down? Well, have no fear, the Allegro has the affordable units you’ve been seeking — and a prime location in the Bay Street Corridor. Located at 909 Bay Street, The Allegro is a 25 storey condominium housing 268 downtown Toronto condos.

    This building provides some nice extras which hold up against other buildings in the area — gym, sauna, meeting room, party room, concierge, security guard, and parking garage.

    Given its convenient location, this building likely holds some appeal to a wide range of potential buyers — first-time homebuyers, students, professionals — so anyone looking for an affordable condo should consider this property; however, as Toronto’s busiest area, prospective buyers will want to be sure that their lifestyle is suited to such a bustling pace.

    The Suites

    Suites at 909 Bay Street vary in size and layout, from 476 square feet for a bachelor to 1475 for a 3 bedroom condo — these condos are reasonably priced, with 3 bedrooms which sell below the price of most Bay St condos for sale; units are bright thanks to large windows and feature open concept floor plans. This building is also home to expansive penthouse suites.

    The Allegro was built in 2002, so many units have seen their share of personalization over the years. Prospective buyers can expect to find marble flooring in foyers, private balconies or terraces, and ensuite laundry.

    These units don’t have all the flash of some units found in newer buildings but that’s what makes this such an excellent investment opportunity; when you combine spacious layouts with an incredible location — putting your own personal touch on one of these condos could yield a great return.

    The Neighbourhood

    It can’t be stated often enough what a prime location 909 Bay is; with Queen’s Park to the West, Bloor Street upscale shopping to the north, the Eaton Centre to the south, and Yonge Street just one block east, you really couldn’t ask for more. For shopping, dining, entertainment and recreation — plus convenient TTC service — this area has everything you could want in an urban paradise.

    Saturday afternoon shopping doesn’t get more rewarding or more diverse than this — Bloor Street is home to all the high-end brands like Dolce & Gabbana, Gucci, Brooks Brothers, Coach and many others. There’s also the Hudson’s Bay Centre and plenty of big box stores nearby for cheaper options or gifts — you have to really like someone to buy them Gucci for their birthday.

    If you’re in a hurry, or it’s date night, or you forgot to buy groceries — there are some great dining options for any taste or circumstance. Within a few blocks of 909 Bay you’ll find St. Louis Bar & Grill, Burrito Bandidos, The Captain’s Boil, Hero Certified Burgers, and Bombay Street Food; for fast-food you have McDonald’s, A&W, and Wendy’s just around the corner.

    Entertainment options are bountiful in this area — there’s concert halls like Massey Hall and the Phoenix Concert Theatre, a vibrant nightlife experience on Yonge Street, art galleries in Yorkville and the Rom on Bloor. Sports fans have a short trip to the Scotiabank Arena and Rogers Centre, making it easy to sustain your unhealthy love-hate relationships with the Leafs, Raptors, and Jays.

    Transportation

    909 Bay Street has a walk score of 98, ideal for residents who prefer to run errands on foot. You can grab a morning coffee — you’ll have to pay for it — at Presse Café and stroll to Metro on Yonge or Rabba Fine Foods on Wellesley for groceries. Afterwards, you can get some fresh air at Queen’s Park — an excellent spot for a walk or a picnic.

    Those who rely on public transit have north and southbound buses on Bay, east and westbound buses on Wellesley, and Wellesley Station is just minutes away for subway service.

    Drivers can reach the Don Valley Parkway by going east on Bloor to the Danforth on-ramp, and south on Bay for the Gardiner Expressway.

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    Explore Bay Street Corridor

    9/10
    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 condos

    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%

    Maintenance Fees

    The Allegro vs The Bay Street Corridor Area

    Days on Strata

    Units at The Allegro spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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

    -27%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    The Allegro offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Allegro has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Allegro yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Allegro is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 909 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$620,000No Data$865,000 - $960,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$966No Data$978No DataNo DataNo Data
    Avg. Wait for Unit Availability429 Days113 Days157 Days208 DaysNo Data328 DaysNo Data
    Ratio of Units in Building10%46%17%22%2%5%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor