$779,900 - 15 Grenville Street Unit 2609, Downtown Toronto
Condo for Sale in Downtown Toronto
55 days on marketNeighbourhood: Bay Street Corridor
- MLS Number
- C13505802
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- LANDPOWER REAL ESTATE LTD.
Featuring Unit 2609 at 15 Grenville St - Karma Condos, built in 2016 by Lifetime Developments. This 2-bedroom, 2-bathroom corner unit boasts astunning layout with 750 square feet of bright and spacious living area, plus an additional 96 square foot balcony offering a panoramic view ofthe city. Situated on the 26th floor, this suite offers breathtaking city views and an efficient open-concept layout, perfect for urban professionalsor students seeking both style and convenience. The spacious living area flows seamlessly into the kitchen, which features modern stainlesssteel appliances, sleek cabinetry, and a functional design for effortless living and entertaining. The unit is designed for modern living with 9-footceilings and floor-to-ceiling windows, flooding the space with natural light. Enjoy contemporary finishes throughout, including a sleek kitchenwith integrated appliances and high-end bathroom fixtures. The building itself boasts fantastic amenities, including a fully equipped gym, 24-hour concierge, party room, and an outdoor terrace with BBQ areas. Just steps away from College subway station, Toronto MetropolitanUniversity, University of Toronto, major hospitals, shopping, and dining, this location offers unparalleled access to everything the city has to offer.With its prime location, well-designed layout, and attractive price point, this unit is an unbeatable deal for anyone looking to experiencedowntown living at its finest. Don't miss out on this incredible opportunity!
Estimate your monthly payments for this property
Estimated Payment
$4,001.29/mo
Includes CMHC insurance ($21,759)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bay Street Corridor
Bay Street Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bay Street Corridor
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bay Street Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
15 Grenville Street Unit 2609, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1114/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 55 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Bay Street Corridor
I know Bay Street Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.