$970,000 - 38 Grenville Street Unit 4404, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed yesterdayNeighbourhood: Bay Street Corridor
- MLS Number
- C13523970
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX CONDOS PLUS CORPORATION
Murano "Opalini" Sub-Penthouse Offering 927 Sq Ft Of Bright, Well-Designed Living Space With 9-Ft Ceilings With 2 Bedrooms And 2 Full Bathrooms. Perched On A High South-Facing Floor, This Unit Features Stunning, Unobstructed Views Of The Lake, CN Tower, And City Skyline Through Floor-To-Ceiling Windows, Filling The Space With Natural Light. Long Balcony Spanning The Unit. The Open Layout Is Complemented By Upgraded Vinyl Plank Flooring Throughout. The Modern Kitchen Is Equipped With Granite Countertops, Stainless Steel Appliances, And An Upgraded Dishwasher. Additional Upgrades Include Electronic Blinds In The Living Room For Added Comfort And Convenience (That Will Stay)! The First Bedroom Features A Large Closet With Direct Access To The Balcony. While The Spacious Primary Bedroom Includes A Large Walk-In Closet With Adjustable Height FreedomRail Shelving System And A Marble 4-Piece Ensuite. Located At Bay & College, You're Steps To The Subway, U Of T, TMU, Hospitals, Financial District, Shops, Restaurants, And Everyday Essentials. Highly Walkable And Transit-Friendly, This Is Downtown Living At Its Best. Building Amenities Include 24-Hour Concierge/Security, Indoor Pool With A Glass-Enclosed Roof, Full Fitness Centre, Rooftop Terrace, Party And Media Rooms, Billiards Room, Patio With BBQs, And Guest Suites. See Second (2nd) Floor For Amenities. Unit Has ALWAYS Been Owner Occupied. Comes With 1 Large Parking Space And Large Locker. Bright, Modern, And Move-In Ready With Premium Upgrades And Unbeatable Views.
Estimate your monthly payments for this property
Estimated Payment
$4,976.60/mo
Includes CMHC insurance ($27,063)
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.
38 Grenville Street Unit 4404, Downtown Toronto / Waterfront
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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 $1078/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 900 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 $4,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.