$998,000 - 7 Grenville Street Unit 3611, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Bay Street Corridor
- MLS Number
- C13475038
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- FIRST CLASS REALTY INC.
Experience Elevated Downtown Living At YC Condos In This Bright And Spacious Corner Suite On The 36th Floor. Offering 3 Bedrooms And 2 Bathrooms, This Well-Appointed Residence Features Floor-To-Ceiling Windows, An Efficient Layout, And Exceptional Natural Light From Its Desirable Southwest Exposure. Step Outside To The Expansive Wraparound Balcony And Enjoy Panoramic City Views Stretching Across Toronto's Vibrant Skyline.The Modern Kitchen Is Designed For Both Everyday Living And Entertaining, Showcasing Contemporary Graphite Sienna-Series Cabinetry, Quartz Countertops, And Premium Finishes Throughout. Included Are One Convenient Underground Parking Space Located Near The Elevators And One Storage Locker.Residents Enjoy Access To An Impressive Collection Of Resort-Inspired Amenities, Including A Spectacular Infinity Pool High Above The City, State-Of-The-Art Fitness Facilities, Private Dining And Entertainment Areas, An Elegant Sky Lounge, Outdoor BBQ Terraces, And 24-Hour Concierge Service.Perfectly Positioned In The Heart Of Downtown Toronto, Just Moments From College Station, The University Of Toronto, Toronto Metropolitan University, Yonge Street, And The Eaton Centre. Surrounded By Restaurants, Cafés, Shops, And Urban Green Spaces, This Location Delivers Exceptional Convenience With A Transit Score Of 100. Strong Rental Demand From Students And Young Professionals Makes This An Outstanding Opportunity For Both End Users And Investors.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
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.
7 Grenville Street Unit 3611, 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
Premium Pricing
At $1248/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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 800 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.