Maintenance Fees
The Penrose vs The Bay Street Corridor Area
2501 - 750 Bay St
$525,0001 bd1 ba1 pk516 sqft
For SaleThe Penrose
4.0
8 Days on Strata
$525,000
1 Bed
1 Bath
1 Parking
516 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$705/mth
Taxes:
$2,339 (2025)
Cost Per Sqft:
$1,017/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
East
Possession Date:
Flexible
Amenities
Rec Room
Lap Pool
Visitor Parking
Party Room
Concierge
Indoor Pool
Indoor Parking
Sauna
Bike Storage
Games Room
Gym
Security System
About this Listing
Want To Be In The Heart of Toronto? This Is It. Beautiful One Bedroom and One Bathroom Condo Apartment With A Great View and An Ideal Location | Open Concept Kitchen With Quartz Counter Top, Custom Backsplash, Stainless Steel Appliances, Upgraded Cabinetry, And Breakfast Bar- This Kitchen Is The Perfect Spot To Entertain | A 3 Pc Bathroom With Glass Shower, Beautiful Tile Work And Vanity | Full Bathroom and Kitchen Were Upgraded Since Purchased | Laminate Floors Throughout | Beyond The Apartment, You Have Tons of Amazing Amenities Including: Gym, Running Track, Indoor Swimming Pool, Sauna, Bicycle Room And Bicycle Racks In Garage, Games Room, Party Room, Visitor Parking And 24 Hour Security | You Can WALK Across the Street To College Park and College Subway Station | Minutes To Parks, Hospitals, Yorkville, Restaurants, Shopping Centres, and Universities.
ExtrasAll Existing Appliances (Fridge, Stove, Dishwasher) | Upgraded Washer and Dryer | All Existing Light Fixtures | All Existing Window Coverings.
re/max rouge river realty ltd.MLS® #C12058143
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, East View, Combined with Dining
15.98 x 13.22ft
Dining
Laminate, East View, Combined with Living
15.98 x 13.22ft
Kitchen
Stainless Steel Appliances, Granite Counter, Backsplash
8.99 x 5.58ft
Primary
Laminate, Closet
7.97 x 7.97ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Bay Street Corridor
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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 The Penrose
Days on Strata
Units at The Penrose spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire 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
-9%
Decrease in property value within the past twelve months
Price Ranking
29th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
26
Units were Rented over the past twelve months
Best Value Rank
The Penrose offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
The Penrose has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
The Penrose yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
The Penrose is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at The Penrose
| Studio | 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | $515,000 - $585,000 | $660,000 - $838,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $900 | $808 | No Data | No Data |
| Price Range | No Data | $2,000 - $2,750 | $1,700 - $3,675 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 86 Days | 87 Days | 311 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 37 Days | 27 Days | 103 Days | No Data |
| Ratio of Units in Building | 2% | 42% | 46% | 11% | 1% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
