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    $985,0002 bds2 ba1 pk1,222 sqft
    56 Days on Strata
    $985,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,222 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $933/mth

    Taxes:

    $5,408 (2024)

    Cost Per Sqft:

    $806/sqft

    Outdoor Space:

    None

    Locker:

    None

    Exposure:

    East

    Possession Date:

    March 1, 2025

    Laundry:

    Ensuite

    Amenities

    Visitor Parking
    Concierge
    Outdoor Pool
    Security System
    Party Room
    Rooftop Deck
    Indoor Parking
    Sauna
    Guest Suites
    Bike Storage
    Gym
    BBQs Allowed
    Media Room

    About this Listing

    Welcome to Unit #203 at 832 Bay St., where New York loft-style living meets the luxury and sophistication of Torontos iconic Burano Condos. This stunning 1,222 sq. ft. 2-bedroom + den, 2-bathroom suite is located on the exclusive historic level of the building, offering soaring 10-foot ceilings and HUGE warehouse-style windows that flood the space with natural light. With breathtaking views overlooking Bay Street, this unit immerses you in the citys vibrant energy while providing a serene retreat above the bustle. Burano Condos is a masterpiece of modern architecture inspired by the vibrant charm of Italys Burano Island. This iconic residence is a celebration of art and culture, featuring a unique blend of historic character and contemporary luxury. Unit #203 embodies this balance with its open-concept design, perfect for entertaining or relaxing. The sleek kitchen features granite countertops, stainless steel appliances, and ample storage, while the spacious den offers flexibility as a home office or additional living space. The split-bedroom layout ensures privacy, making it ideal for professionals or families. Included with the unit is a premium parking spot for ultimate convenience.Living at Unit #203 in Burano Condos means enjoying world-class amenities just one floor above you. The third floor boasts a state-of-the-art fitness center, an outdoor pool with a sundeck and hot tub, a party room, guest suites, and 24-hour concierge service. Whether you want to relax by the pool, host gatherings, or stay active, these amenities are designed to elevate your lifestyle with ultimate convenience. Perfectly located in the heart of downtown Toronto, Burano Condos offers unparalleled access to the citys best. Youre steps from the Financial District, College Park, Yorkville, and top institutions like U of T, TMU, and major hospitals. Surrounded by world-class shopping, dining, and entertainment, this address provides the ultimate urban lifestyle. Offers Anytime!

    executive homes realty inc.MLS® #C11970447

    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

    Gas

    Heating

    Forced Air

    Room dimensions are not available for this listing.


    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    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%


    Days on Strata

    Units at Burano on Bay spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    7.8
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    111
    Units were Rented over the past twelve months

    Best Value Rank

    Burano on Bay offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Burano on Bay has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Burano on Bay yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Burano on Bay is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Burano on Bay

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$558,000 - $575,000No Data$950,000$1,010,000No Data$1,388,000
    Avg. Cost Per Sqft$1,112No Data$1,144$948No Data$1,106
    Avg. Wait for Unit Availability45 Days166 Days64 Days96 DaysNo Data156 Days
    Ratio of Units in Building41%10%24%17%1%10%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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