Maintenance Fees
The Britt Condos vs The Bay Street Corridor Area
R707 - 31 Phipps St
$4,0952 bds2 ba0 pk901 sqft
For RentThe Britt Condos
84 Days on Strata
$4,095/mth
Price Cut: $4,195
Price Cut: $4,195
2 Beds + 1
2 Bath
0 Parking
901 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
January 15, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Terrace
Furnished:
No
Exposure:
East
Locker:
None
Laundry:
Main
Amenities
Visitor Parking
Party Room
Concierge
Rooftop Deck
Indoor Parking
Sauna
BBQs Allowed
Gym
Outdoor Pool
Security System
About this Listing
Luxury living, location, & outstanding amenities... check all your boxes off with this beautifully appointed 901 sq. ft. 2 Bedroom + Den, 2 Bath suite in the highly desirable Bay Steet Corridor! This spacious corner unit boasts an efficient open concept layout, 9' ceilings throughout, and well appointed kitchen that greets you with granite countertops and S/S appliances. What truly sets the suite apart is the incredible 700 sq. ft. private terrace that you access thought the wall of ceiling to floor windows that bathe the main living space in natural light. The possibility to create your ultimate garden oasis or outdoor living / dining room in the heart of the city are endless! 31 Phipps St. is a professionally managed purpose built rental wing attached to The Britt Condo. **EXTRAS** Residents have full access to all of the amenities that are shared with the attached condo building at 955 Bay St. The Internet Lounge is a bonus amenity only accessible by tenants of 31 Phipps St.
ExtrasHeat, Stainless Steel Appliances
keller williams co-elevation realtyMLS® #C11925857
Fees & Utilities
Utilities Included
Rent Includes
Heat
Not Included
Hydro
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Fan Coil
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord's Market
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9/10
Walkability
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9/10
Transit
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7/10
Bikeability
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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 Britt Condos
Days on Strata
Units at The Britt Condos spend an average of
52
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 an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-12%
Decrease in property value within the past twelve months
Price Ranking
14th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
182
Units were Rented over the past twelve months
Best Value Rank
The Britt Condos offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
The Britt Condos has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
The Britt Condos yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
The Britt Condos is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at The Britt Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $467,500 - $490,000 | $516,000 - $606,666 | $576,000 - $674,000 | $828,000 - $972,200 | $968,000 - $1,105,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,299 | $1,171 | $1,084 | $1,244 | $1,198 | No Data | No Data |
| Price Range | $1,950 - $2,350 | $2,100 - $2,700 | $2,150 - $3,350 | $2,900 - $3,900 | $3,300 - $4,480 | $1,800 - $5,500 | No Data |
| Avg. Wait for Unit Availability | 66 Days | 34 Days | 41 Days | 76 Days | 181 Days | 189 Days | No Data |
| Avg. Wait for Unit Availability | 9 Days | 6 Days | 8 Days | 13 Days | 20 Days | 24 Days | No Data |
| Ratio of Units in Building | 16% | 29% | 24% | 15% | 10% | 9% | 1% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
