Maintenance Fees
The Penrose vs The Bay Street Corridor Area
2705 - 750 Bay St
$539,9001 bd1 ba0 pk716 sqft
For SaleThe Penrose
4.0
30 Days on Strata
$539,900
1 Bed
1 Bath
0 Parking
716 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$822/mth
Taxes:
$2,555 (2024)
Cost Per Sqft:
$754/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
West
Possession Date:
March 31, 2025
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
location location! spacious one-bedroom condo in downtown Toronto. With high ceilings and a large balcony that offers expansive west-facing views, this property is notably larger than the more recent, smaller apartments nearby. Perfect for first-time home buyers or investors, this condo is just steps from top universities, Financial District, Eaton Centre, and major transit routes. It combines urban convenience with luxury, featuring 5-star amenities like an indoor pool, gym, sauna, games room and concierge service.
Extras"As-is Where is, without warranties or representations"
upperside real estate limitedMLS® #C12012751
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Kitchen
Open Concept, Marble Floor, O/Looks Living
8.2 x 7.55ft
Dining
Combined with Dining, Open Concept
11.16 x 20.67ft
Living
Combined with Dining, Windows Floor to Ceiling, Walkout To Balcony
11.16 x 20.67ft
Bathroom
Double Closet, Large Window, Mirrored Closet
9.84 x 13.45ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Bay Street Corridor
Commute Calculator
Loading...
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.
Mortgage Calculator
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
