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    Toronto / Downtown / Bay Street Corridor

    611 - 38 Elm St

    For SaleMinto Plaza
    $824,900
    Price Cut: $849,000
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT
    56 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,151/mth
    Taxes:
    $3,820 (2024)
    Cost Per Sqft:
    $825/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    November 15, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Vinyl Floor, Combined with Dining, Walkout To Balcony
    19.78 x 11.81ft
    Dining
    Vinyl Floor, Combined with Living
    19.78 x 11.81ft
    Kitchen
    Quartz Counter, Stainless Steel Appliances, O/Looks Dining
    8.79 x 7.71ft

    About this Listing

    Welcome To Your Dream Home In the Prestigious Minto Plaza! Step into over 1000 Square Feet of Luxurious living in this spacious apartment, where large windows flood the space with natural light, creating a bright and welcoming atmosphere. Beautifully renovated, Recently updated with new floors, modern countertops, and a fresh coat of paint throughout, this apartment offers a contemporary and move - in- ready space that's perfect for modern living. Prime location, Nestled in the heart of downtown, Minto Plaza places you just steps away from the city's best restaurants, shopping, hospitals, and universities. With easy access to public transit and the subway, commuting and exploring the city is effortless. Enjoy 24- hour security and an array of premium amenities, including a recreation room, indoor swimming pool, whirlpool, gym, and sauna.

    ExtrasNA

    century 21 atria realty inc.MLS® #C9736376

    Amenities

    Concierge
    Indoor Parking
    Indoor Pool
    Rooftop Deck
    Party Room
    Rec Room

    Explore Neighbourhood

    10/10
    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Minto Plaza vs The Bay Street Corridor Area

    Building Trends At Minto Plaza

    Days on Strata

    Units at Minto Plaza spend an average of
    28
    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
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    12.8
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    32nd
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    44
    Units were Rented over the past twelve months

    Best Value Rank

    Minto Plaza offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Minto Plaza has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Minto Plaza yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Minto Plaza is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 38 Elm Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$475,000 - $625,000No Data$722,990No DataNo Data
    Avg. Cost Per SqftNo Data$831No Data$743No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data19 DaysNo Data190 DaysNo DataNo Data
    Ratio of Units in Building2%85%1%14%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor