Year Built
2003
High-Rise Condo
Elev’n Residences
by Edilcan Development Corporation
1121 Bay Street, Toronto, ON M5S 3L9
Total Units
156
Storeys
21
Available Units in Elev’n Residences
2
Units for sale
From $626,000
2
Units for rent
From $2,480/mo
Live MLS · Updated daily
Overview
Situated at 1121 Bay Street on the corner of Bay and Charles, Elev’n Residences is a sleek condominium in the Bay Street Corridor. This 21-storey building is impressive inside and out — from its white concrete and Italian glass exterior, to its stunning oval shaped lobby with curved wood-panelled walls.
This building offers a convenient list of amenities to match its convenient location: fitness centre, saunas, rooftop terrace, lounge, 24 hour concierge, and underground parking garage.
Bay St condos for sale at Elev’n Residences are perfect for professionals who work downtown and want to live in a vibrant neighbourhood without a commute. This is also a great location for students, due to its close proximity to the University of Toronto.
Developer
Edilcan Development Corporation
Year Built
2003
Property Type
High-Rise Condo
Storeys
21
Total Units
156
Management
Maple Ridge Community Management
Amenities
Underground Parking
Rec Room
Fitness Centre
Sauna
Rooftop Garden
Theatre Room
Party Room
24/7 Concierge
Price History
88 recordsLoading history…
Market Stats
Prices in Elev’n Residences are down 23.7% compared to last year.
—
Avg $/sqft
-23.7%
YoY change
25
Avg days on market
Location & Walkability
Walk Score
99/100
Daily errands on foot
Transit Score
97/100
TTC, GO, subway access
Bike Score
72/100
Bike lanes & infrastructure
Neighbourhood in Toronto
Bay Street Corridor
urban walkable convenient
Bay Street Corridor is a vibrant neighbourhood in Toronto. It offers a mix of urban living with easy access to amenities.
Median sale price is $468,000 Only one condo for sale No rental listings available
Toronto, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
What it costsAffordability
Median asking price
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
On the marketMarket snapshot
For sale
0
For rent
0
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to city median
- Great location for walking
- Access to good schools
Keep in mind
- Limited housing options for rent
- Prices are lower than city median but still significant
The feel of the placeLifestyle
Daily life here is active and convenient, with many services nearby. Residents enjoy a lively city atmosphere.
Great for first-time buyers young professionals
Within the boundaryWhat's nearby
The boundary
1.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
46
Parks
9
Playgrounds
67
Transit stations
16
Grocery stores
180
Restaurants
131
Cafés
16
Gyms
7
Libraries
21
Pharmacies
Counted across all 1.8 km² of Bay Street Corridor. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
7.2/10
Average rating of the 1 rated school in this area
4
Elementary
5
Secondary
St Joseph's College School
Catholic · Grades 9–12 · Toronto CDSB
7.2/107.6 over 5 yrs178th of 742 Ontario secondary schools
545 students · EQAO 2024-2025
Hospital for Sick Children - Eating
Public · Grades 9–12 · Toronto DSB
Not rated
Hospital for Sick Children - Medical EL
Public · Grades JK–8 · Toronto DSB
Not rated
Hospital for Sick Children-Substance Abu
Public · Grades 9–12 · Toronto DSB
Not rated
HSC Medical - SEC
Public · Grades 9–12 · Toronto DSB
Not rated
HSC Seizure Disorder
Public · Grades K–8 · Toronto DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Bay Street Corridor, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
30,479
Population (2021)
1.8 km²
Area
16,677
People per km²
32
Median age
$64,561
Median income
31%
Own their home
1.6
People per household
18,040
Households
Every age
- Children (under 15)5.8%
- Working age (15–64)84.2%
- Seniors (65+)10.0%
What is built here
- Low-rise apartments1.1%
- High-rise apartments98.6%
Own or rent
31%Owners
69%Renters
Across 18,040 households
When it was built
Mostly 2016–2021
- 1960 or earlier3%
- 1961–198010%
- 1981–199014%
- 1991–200011%
- 2001–20056%
- 2006–201013%
- 2011–201519%
- 2016–202124%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 43.1%
- Born outside Canada
- 69.4%
- Hold a degree or higher
- 59.2%
- Employment rate
- 22.5%
- Commute by transit
- 22.3%
- Commute by car
- 1.4
- Children per family
- $56,864
- Median income after tax
- $97,834
- Average household income
- 27%
- Living on a low income
- $2,032/mo
- Renters pay, per month
- $1,910/mo
- Owners pay, per month
- $836,655
- Median home value at census
- 58.8%
- Renters spending 30%+ of income on housing
- 47.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
