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    for sale
    43 Days on Strata
    $1,028,000
    2 Beds
    2 Bath
    1 Parking
    750 SQFT
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    Price History


    Maintenance Fees:
    $799/mth
    Taxes:
    $4,750 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,371/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Now
    Exposure:
    South East

    Amenities

    BBQs Allowed
    Concierge
    Gym
    Party Room
    Sauna
    Guest Suites

    About this Listing

    Featuring Unit 2609 at 15 Grenville St - Karma Condos, built in 2016 by Lifetime Developments. This 2-bedroom, 2-bathroom corner unit boasts astunning layout with 750 square feet of bright and spacious living area, plus an additional 96 square foot balcony offering a panoramic view ofthe city. Situated on the 26th floor, this suite offers breathtaking city views and an efficient open-concept layout, perfect for urban professionalsor students seeking both style and convenience. The spacious living area flows seamlessly into the kitchen, which features modern stainlesssteel appliances, sleek cabinetry, and a functional design for effortless living and entertaining. The unit is designed for modern living with 9-footceilings and floor-to-ceiling windows, flooding the space with natural light. Enjoy contemporary finishes throughout, including a sleek kitchenwith integrated appliances and high-end bathroom fixtures. The building itself boasts fantastic amenities, including a fully equipped gym, 24-hour concierge, party room, and an outdoor terrace with BBQ areas. Just steps away from College subway station, Toronto MetropolitanUniversity, University of Toronto, major hospitals, shopping, and dining, this location offers unparalleled access to everything the city has to offer.With its prime location, well-designed layout, and attractive price point, this unit is an unbeatable deal for anyone looking to experiencedowntown living at its finest. Don't miss out on this incredible opportunity!

    ExtrasExisting Fridge, Stove, Microwave, Dishwasher, Washer & Dryer, ALL Electrical Light Fixtures, and ALL Window Coverings. 1 Parking, 1 Bicycle Locker!

    landpower real estate ltd.MLS® #C12457130

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Dining
    15.91 x 15.26ft
    Combined with Kitchen, Walkout To Balcony, Large Window
    Kitchen
    15.91 x 15.26ft
    Combined with Dining, Open Concept, Built-in Appliances
    Living
    15.91 x 15.26ft
    Combined with Dining, Open Concept, Windows Floor to Ceiling
    Primary
    11.68 x 9.51ft
    Sliding Doors, Closet, 3 Piece Ensuite
    2nd Bedroom
    11.48 x 9.42ft
    Large Window, Closet, 3 Piece Ensuite

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    The bike lane starts to feel like a second home.

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    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%


    Days on Strata

    Units at Karma Condos spend an average of
    37
    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
    6.3
    YEARS before being sold again

    Property Value

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

    Price Ranking

    4th
    Highest price per SQFT out of 47 condos in the Bay Street Corridor area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    149
    Units were Rented over the past twelve months

    Best Value Rank

    Karma Condos offers the
    ?
    best value out of 47 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Karma Condos has the
    ?
    highest ROI out of 47 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Karma Condos yields the
    ?
    highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood

    High Demand

    Karma Condos is the
    ?
    most popular building out of 47 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Karma Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$373,000$499,500 - $636,000$536,000 - $688,000$688,888 - $845,000$918,000 - $1,150,000
    Avg. Cost Per Sqft$960$1,219$1,211$1,044$1,250
    Avg. Wait for Unit Availability171 Days45 Days50 Days65 Days179 Days
    Ratio of Units in Building10%35%29%20%7%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor