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    1-3 Gloucester Street & 595 Yonge Street

    The Gloucester on Yonge
    6for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    44
    Number of Units:
    523
    Condo Completion:
    2022
    Condo Demand:
    High
    Unit Size Range:
    316 - 1,865 SQFT
    Unit Availability:
    Low

    Listing History for The Gloucester on Yonge

    Receive listing updates for Bay Street Corridor

    Amenities

    Guest Suites
    Gym Room
    Party Room
    Media Room
    Concierge
    Outdoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1-3 Gloucester Street The Gloucester on Yonge

    If you’re looking for a Toronto condo for sale, then The Gloucester on Yonge is a great choice. Standing 44 storeys tall at 595 Yonge Street, this development provides residents with an excellent starting point to explore the Bay Street Corridor neighbourhood. The property was completed in 2022 by Concord Pacific, and is comprised of 523 units, ranging in size from 316 to 1865 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 97 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.79 per-square-foot, which is lower than the neighbourhood average of $0.89 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 595 Yonge Street is $1,331 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

    Units at The Gloucester on Yonge spend 31 days on the market on average and usually sell for -3.73% below the listing price. In the last 12 months, 141 units have rented, and 6 have sold.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Ethiopian House, The Wickson Social and Subway. With cafes such as Happy Lemon, Cups Cafe and Olympic 76 Pizza Cafe only a short 3-minute walk away, grabbing a coffee while living at The Gloucester on Yonge is a breeze.

    Grocery pick-ups are made easy thanks to Rabba Fine Foods and Galleria Supermarket Express (Wellesley) within a 5-minute walk.

    Residents here can stop by RBC Royal Bank on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Saint Mary Street Parkette, Norman Jewison Park and James Canning Gardens, which are less than 4 minutes away by foot.

    Like to shop? Everything you need is close by when you live at 595 Yonge Street, including Ins Market, Cumberland Terrace and Terry's Hair 384 YONGE #63 which are only 11 away.

    There are also several unique attractions nearby to keep yourself entertained, such as Roberts Gallery, Vitavie Gallery and Ontario Arts-Provincial Programs — all just a quick 7-minute walk away.

    The Gloucester on Yonge is a short drive away from da Vinci School, Westside Montessori School and Kensington Community School, giving you plenty of choice for your child’s education.

    Transportation

    For longer journeys there’s a light transit stop at Bay St At St Joseph St North Side for your transportation needs. Residents have access to the subway stop at Wellesley, which is only 5 minutes walking distance from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 22-44 Irwin Avenue, 44 St Joseph Street and 1055 Bay Street.

    Reviews for The Gloucester on Yonge

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    6

    Listings For Sale

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    9

    Listings For Rent

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    Explore Bay Street Corridor

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    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 Gloucester on Yonge vs The Bay Street Corridor Area

    Days on Strata

    Units at The Gloucester on Yonge spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -19%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    141
    Units were Rented over the past twelve months

    Best Value Rank

    The Gloucester on Yonge offers the
    ?
    N/A
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Gloucester on Yonge has the
    ?
    N/A
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Gloucester on Yonge yields the
    ?
    N/A
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Gloucester on Yonge is the
    ?
    N/A
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 1-3 Gloucester Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$593,000$533,000 - $550,000No Data$988,000 - $1,528,000$835,000No Data
    Avg. Cost Per Sqft$1,436$1,561No Data$1,407$1,300No Data
    Avg. Wait for Unit Availability36 Days32 Days20 Days126 Days545 DaysNo Data
    Ratio of Units in Building10%28%26%29%8%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor