Maintenance Fees
Murano vs The Bay Street Corridor Area
1701 - 38 Grenville St
$795,0002 bds2 ba1 pk750 sqft
For SaleMurano
5.0
17 Days on Strata
$795,000
2 Beds
2 Bath
1 Parking
750 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$755/mth
Taxes:
$3,898 (2024)
Cost Per Sqft:
$1,060/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North West
Possession Date:
Immediately
Laundry:
Main
Amenities
Indoor Parking
Visitor Parking
Rec Room
Outdoor Pool
Party Room
Media Room
Indoor Pool
Rooftop Deck
Guest Suites
Gym
Concierge
Sauna
About this Listing
Experience Luxury Living At The Prestigious Murano Residences In This Stunning Corner 2-Bedroom, 2-Bathroom Suite At Bay & College! Spanning 750+ Sq. Ft., This Unit Features A Highly Sought-After Split-Bedroom Layout, Perfect For Privacy And Functionality. The Open-Concept Living And Dining Area Is Bathed In Natural Light, Thanks To Floor-To-Ceiling Windows, And Extends To A Northwest-Facing Balcony With Breathtaking City Views. The Sleek, Modern Kitchen Is Equipped With Stainless Steel Appliances And Granite Countertops, Offering Both Style And Convenience. Includes A Parking Spot And A Locker. Located In The Heart Of Downtown, You're Just Steps From College Subway Station, UofT, TMU, College Park, Eaton Centre, Top Restaurants, And More. This Is Urban Living At Its Finest, Don't Miss Out!
ExtrasAppliances Incl. Fridge, Stove, B/I Dishwasher, B/I Microwave, Stacked White Washer/Dryer, Existing Window Coverings & Existing Light Fixture. 1 Parking Space and 1 Locker.
re/max condos plus corporationMLS® #C12059502
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Nw View, Walkout To Balcony
16.73 x 9.91ft
Dining
Combined with Living, Laminate
16.73 x 9.91ft
Kitchen
Granite Counter, Open Concept
7.87 x 7.55ft
Primary
4 Piece Ensuite, Laminate, Nw View
14.5 x 8.96ft
Bedroom
Laminate, Mirrored Closet, Nw View
13.55 x 8.96ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
Transit
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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
42
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
5.4
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
134
Units were Rented over the past twelve months
Best Value Rank
Murano offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Murano has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Murano yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Murano is the most popular building out of 45 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 | $525,000 - $590,000 | $651,328 - $755,000 | $810,000 - $1,345,000 | $853,000 - $1,000,000 | No Data |
| Avg. Cost Per Sqft | No Data | $963 | $1,111 | $1,146 | $1,100 | No Data |
| Price Range | $1,900 - $2,350 | $2,200 - $3,000 | $2,250 - $3,030 | $2,990 - $4,500 | $3,000 - $4,200 | $4,600 |
| Avg. Wait for Unit Availability | 223 Days | 75 Days | 48 Days | 43 Days | 49 Days | No Data |
| Avg. Wait for Unit Availability | 30 Days | 15 Days | 11 Days | 13 Days | 16 Days | 566 Days |
| Ratio of Units in Building | 9% | 20% | 28% | 25% | 20% | 1% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
