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    Toronto / Bay Street Corridor

    2506 - 38 Grenville St

    $2,6001 bd1 ba0 pk500 - 599 sqft
    For RentMurano
    5.0
    13 Days on Strata
    Est Lease Timeframe:
    18 Days
    $2,600/mth
    1 Bed
    1 Bath
    0 Parking
    500 - 599 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Possession Date:

    June 1, 2024

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    Balcony

    Furnished:

    No

    Exposure:

    South

    Locker:

    Exclusive

    Laundry:

    Main

    Amenities

    Sauna
    Indoor Parking
    Rooftop Deck
    Guest Suites
    Gym
    Visitor Parking
    Outdoor Pool
    Indoor Pool
    Media Room
    Party Room
    Rec Room
    Concierge

    About this Listing

    :***A Must See*** **Murano South Tower Available From June 1st** Un-Obstructed South View Of Skyline & Cn Tower. **Bright & Spacious Unit With Oversize Balcony** Superb Location Near U Of T, Public Transit, Hospitals, Restaurants, & All Other Amenities 24-Hr Concierge, Rec Centre, Pool, Etc. **Located At Bay/College**Steps To Subway, College Park, Queens Park & Financial District. Amenities Including Indoor Pool, Party Room, Gym And More House Will Be Cleaned Before The New Tenant Takes The Position.

    re/max west realty inc.MLS® #C12079575

    Fees & Utilities

    Utilities Included

    Rent Includes
    Heat
    Water
    Building Maintenance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, Walkout To Balcony

    18.05 x 7.55ft

    Dining

    Combined with Living

    18.05 x 7.55ft

    Kitchen

    Built-in Appliances

    7.38 x 7.38ft

    Primary

    Closet

    11.48 x 9.02ft
    Renter's Market
    Balanced
    Landlord's Market

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    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.

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    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%

    Building Trends At Murano

    Days on Strata

    Units at Murano spend an average of
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the 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
    5.4
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    132
    Units were Rented over the past twelve months

    Best Value Rank

    Murano offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Murano has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Murano yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Murano is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Murano

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$1,900 - $2,350$2,200 - $3,000$2,250 - $3,030$2,990 - $4,500$3,000 - $4,200$4,600
    Avg. Wait for Unit Availability30 Days15 Days11 Days13 Days16 Days566 Days
    Ratio of Units in Building9%20%28%25%20%1%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor