Maintenance Fees
Murano vs The Bay Street Corridor Area
2803 - 38 Grenville St
$979,0002 bds2 ba1 pk855 sqft
For SaleMurano
5.0
14 Days on Strata
$979,000
2 Beds + 1
2 Bath
1 Parking
855 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$816/mth
Taxes:
$4,328 (2024)
Cost Per Sqft:
$1,145/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
South West
Possession Date:
90
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
Welcome to this luxurious 2+1 suite located in the heart of downtown Toronto! Situated on a high floor in the southwest corner of the building, this bright and spacious unit boasts 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light and offer breathtaking city views. The home has been meticulously updated with brand new flooring throughout, and brand new appliances including a microwave with range hood, washer and dryer, and dishwasher. The master bedroom features an ensuite bathroom and access to the balcony, providing both comfort and privacy. The open-concept layout includes two separate bedrooms and a bright living and dining area, perfect for entertaining. Residents enjoy exceptional amenities, including an indoor pool, fitness center, movie theatre, party room, guest suites, visitor parking, and 24-hour concierge service. Located just steps away from shopping, restaurants, cafes, the subway, and the University of Toronto, this suite offers the best of city living.
ExtrasStove, microwave range hood (2025), dishwasher (2025), fridge, Washer & dryer(2025)
bay street group inc.MLS® #C12065042
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
hardwood floor, Picture Window, Walkout To Balcony
23.3 x 10.01ft
Dining
hardwood floor, Sw View, Open Concept
23.3 x 10.01ft
Kitchen
Granite Counter, Stainless Steel Appliances, Modern Kitchen
8.2 x 7.48ft
Primary
hardwood floor, 4 Piece Ensuite, Picture Window
10.37 x 10.01ft
2nd Bedroom
hardwood floor, Double Closet, Picture Window
10.01 x 9.19ft
Den
Hardwood Floor
5.09 x 3.28ft
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
