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    Toronto / Downtown / Bay Street Corridor

    3702 - 7 Grenville St W

    For SaleYC Condos - Yonge and College
    $580,000
    Studio
    1 Bath
    0 Parking
    340 SQFT
    65 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $275/mth
    Taxes:
    $1,946 (2024)
    Cost Per Sqft:
    $1,706/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    September 20, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Kitchen
    Combined with Living, Built-in Appliances, Quartz Counter
    13.71 x 11.25ft
    Living
    Combined with Kitchen, Walkout To Balcony, Laminate
    13.71 x 11.25ft
    Bedroom
    Combined with Living, Combined with Kitchen, Laminate
    13.71 x 11.25ft

    About this Listing

    Best location in core Downtown, steps to TTC Subway, perfect investment-property tenanted - $2.3K/month until April 2025. Gleaming wood floor throughout, 9' high smooth ceilings, floor to ceiling windows bring you tons of natural light, modern kitchen w/ integrated built-in miele appliances, great bachelor, western exposure to huge terrace, infinity pool and lounge on the 66th floor, steps from UOfT, Ryerson, Hospitals, public transportation, shopping and 24HR grocery store/restaurants, visitors parking, Discovery District as a hub of innocation, Education & Healthcare makes it a prime location for real estate investment, offering both residential comfort and growth potential ***66 storey tower the skyline with timeless architecture and incomparable design.

    ExtrasExisting tenant t be assumed (2.3K/month)/ until April 2025; 24 hour notice for all showings.

    royal lepage terrequity realtyMLS® #C9269263

    Amenities

    Media Room
    Indoor Parking
    Concierge
    Gym Room
    BBQs Allowed
    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

    YC Condos - Yonge and College vs The Bay Street Corridor Area

    Building Trends At YC Condos - Yonge and College

    Days on Strata

    Units at YC Condos - Yonge and College spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    5.6
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    215
    Units were Rented over the past twelve months

    Best Value Rank

    YC Condos - Yonge and College offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    YC Condos - Yonge and College has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    YC Condos - Yonge and College yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    YC Condos - Yonge and College is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 7 Grenville Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$445,000 - $545,000$748,000$829,000$890,000 - $895,000No Data$1,200,000 - $1,578,000No Data
    Avg. Cost Per Sqft$1,392$1,473$1,257$1,434No Data$1,429No Data
    Avg. Wait for Unit Availability73 Days68 Days72 Days71 Days365 Days144 DaysNo Data
    Ratio of Units in Building15%26%27%23%3%9%1%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor