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    Toronto / Downtown / Bay Street Corridor

    2705 - 750 Bay St

    For SaleThe Penrose
    $599,900
    1 Bed
    1 Bath
    0 Parking
    716 SQFT
    13 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $822/mth
    Taxes:
    $2,555 (2023)
    Cost Per Sqft:
    $838/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    January 1, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    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

    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.

    upperside real estate limitedMLS® #C11888618

    Amenities

    Concierge
    Bike Storage
    Lap Pool
    Indoor Parking
    Indoor Pool
    Party Room

    Explore Neighbourhood

    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.

    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

    The Penrose vs The Bay Street Corridor Area

    Building Trends At The Penrose

    Days on Strata

    Units at The Penrose spend an average of
    33
    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
    entire 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
    5.3
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    The Penrose offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Penrose has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Penrose yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Penrose is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 750 Bay Street

    Studio1 Bed2 Bed2 Bed + Den
    Price RangeNo Data$515,000 - $585,000$660,000 - $838,000No Data
    Avg. Cost Per SqftNo Data$900$794No Data
    Avg. Wait for Unit AvailabilityNo Data88 Days89 Days364 Days
    Ratio of Units in Building2%42%46%12%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor