Maintenance Fees
Murano vs The Bay Street Corridor Area
for sale
52 Days on Strata
508 - 38 Grenville St
$599,000
1 Bed + 1
1 Bath
1 Parking
660 SQFT
Price History
- Maintenance Fees:
- $701/mth
- Taxes:
- $3,476 (2024)
- Property Type:
- Condo
- Cost Per Sqft:
- $908/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Oct 1
- Exposure:
- North East
Amenities
Concierge
Indoor Pool
Rec Room
Party Room
Visitor Parking
About this Listing
Stunning 1+Den Corner Unit in Prime Downtown Toronto! Bright and spacious with beautiful northeast exposure, floor-to-ceiling windows, and a large balcony flooding the space with natural light. Featuring brand-new laminate flooring and freshly painted walls throughout. The open-concept kitchen boasts granite countertops and stainless steel appliances. The den, complete with a sliding door, serves perfectly as a second bedroom or private home office. Enjoy exceptional privacy with no direct sightlines from neighboring unitsideal for serene urban living. Complementary 1 underground parking space and 1 locker included. Unbeatable location next to Yonge St., and just steps from U of T, TMU, Queens Park, major hospitals, subway, shops, dining, and parks. Building amenities include 24-hour concierge, gym, indoor pool, party/meeting room, guest suites, visitor parking, and comprehensive building services. Move-in ready and ideal for homeowners or investors. Dont miss this exceptional opportunity in the citys core!
ExtrasAll Existing Electric Light Fixtures, Fridge, Stove, Dishwasher, Washer/Dryer
bay street group inc.MLS® #C12436173
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Bedroom
- 11.39 x 8.99ft
- Built-in Closet, Glass Block Window, Double Doors
- Den
- 8.66 x 7.48ft
- Sliding Doors, Laminate
- Living
- 12.4 x 18.14ft
- Combined with Dining, Walkout To Balcony, Windows Floor to Ceiling
- Dining
- 12.4 x 18.14ft
- Combined with Living, Windows Floor to Ceiling, Ne View
- Kitchen
- 7.78 x 7.71ft
- Open Concept, Stainless Steel Appliances
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Bay Street Corridor
Map
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
Household Income
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%
Building Trends At Murano
Days on Strata
Units at Murano spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
5.3
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
13th
Highest price per SQFT out of 47 condos in the Bay Street Corridor area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
156
Units were Rented over the past twelve months
Best Value Rank
Murano offers the best value out of 47 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Murano has the highest ROI out of 47 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Murano yields the highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood
?
High Demand
Murano is the most popular building out of 47 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Murano
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $512,000 - $525,000 | $503,000 - $651,328 | $743,000 - $965,000 | $740,000 - $950,000 | No Data |
| Avg. Cost Per Sqft | No Data | $837 | $969 | $1,070 | $1,031 | No Data |
| Price Range | $1,900 - $2,300 | $2,100 - $2,650 | $2,250 - $2,950 | $2,990 - $3,800 | $3,000 - $3,800 | No Data |
| Avg. Wait for Unit Availability | 215 Days | 92 Days | 50 Days | 41 Days | 48 Days | No Data |
| Avg. Wait for Unit Availability | 29 Days | 14 Days | 10 Days | 12 Days | 15 Days | 566 Days |
| Ratio of Units in Building | 9% | 19% | 29% | 25% | 20% | 1% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
