Maintenance Fees
Opera Place I Condos vs The Bay Street Corridor Area
701 - 887 Bay St
$2,4501 bd1 ba1 pk538 sqft
For RentOpera Place I Condos
21 Days on Strata
$2,450/mth
1 Bed
1 Bath
1 Parking
538 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
June 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
East
Locker:
Owned
Amenities
Rec Room
Visitor Parking
Party Room
Concierge
Indoor Parking
Guest Suites
Gym
Media Room
Security System
About this Listing
Student Smart " Opera Place" in the heart of downtown! Closed to U of T and Toronto Metropolitan University. This Bright 1 bedroom unit boasts an efficient 538 sf of well laid out living space, open concept kitchen with breakfast bar, locker & parking. 24-hr concierge, Gym, Party room & Visitor parking. Steps to TTC Subway, YMCA, Restaurants, Shopping, Hospitals.
century 21 mypro realtyMLS® #C12028285
Fees & Utilities
Utilities Included
Rent Includes
Parking
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Walkout To Balcony, Combined with Dining
9.84 x 12.57ft
Dining
Laminate, Combined with Living
9.84 x 12.57ft
Bedroom
Laminate, Built-in Closet
10.01 x 11.25ft
Kitchen
Tile Floor, Breakfast Bar
6.92 x 8.76ft
Renter's Market
Balanced
Landlord's Market
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9/10
Walkability
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10/10
Transit
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7/10
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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 Opera Place I Condos
Days on Strata
Units at Opera Place I Condos spend an average of
43
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
7.2
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
27th
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
26
Units were Rented over the past twelve months
Best Value Rank
Opera Place I Condos offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Opera Place I Condos has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Opera Place I Condos yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Opera Place I Condos is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Opera Place I Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $605,000 - $610,200 | $630,000 | $685,000 - $918,000 | No Data |
| Avg. Cost Per Sqft | $910 | $841 | $870 | No Data |
| Price Range | $2,350 - $2,650 | $1,000 - $2,700 | $3,300 - $3,600 | $3,500 |
| Avg. Wait for Unit Availability | 186 Days | 223 Days | 223 Days | 532 Days |
| Avg. Wait for Unit Availability | 26 Days | 95 Days | 62 Days | 547 Days |
| Ratio of Units in Building | 50% | 19% | 26% | 7% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
