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    Toronto / Downtown / Bay Street Corridor

    708 - 832 Bay St

    For SaleBurano on Bay
    $935,000
    Price Cut: $965,000
    2 Beds
    2 Bath
    2 Parking
    818 SQFT
    121 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $748/mth
    Taxes:
    $4,256 (2024)
    Cost Per Sqft:
    $1,143/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    July 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Forced Air

    Room Dimensions

    Dining
    Combined with Living, Walkout To Balcony, Open Concept
    16.67 x 16.5ft
    Kitchen
    Built-in Microwave, Built-in Appliances, Built-in Dishwasher
    16.67 x 16.5ft
    Living
    Combined with Dining, Windows Floor to Ceiling, Vinyl Floor
    16.67 x 16.5ft

    About this Listing

    Brand New Paint 2024, Brand New Second Bathroom Toilet 2024, Over the Range Microwave 2023, Ceiling Lights 2022, flooring 2022, Laundry and Dryer 2022, Dishwasher 2019. Rare Luxury Condo in high-demanding area (Bay & College). Steps to TTC stations, bus stops, restaurants, groceries and all amenities. 10 min walking distance to U of T, TMU. Low Maintenance Fee with TWO parking spots (Premium parking spot at P1, close to elevator lobby) and TWO lockers. 9 Feet Ceilings. Rarely Offered & Sun-Filled South-East Corner Unit With Huge Balcony and Amazing City Views. Spacious 2 Bedroom And 2 Bathroom (master bedroom With 4pcs Ensuite Washroom). Floor To Ceiling Windows. Vinyl Flooring throughout. Open Concept Kitchen Equipped With Large Size Appliances. Close to Eaton Centre and Financial District, Entertainment District.

    vertical marketing realtyMLS® #C9055913

    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Gym Room
    Sauna

    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

    Burano on Bay vs The Bay Street Corridor Area

    Building Trends At Burano on Bay

    Days on Strata

    Units at Burano on Bay spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    7.8
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    110
    Units were Rented over the past twelve months

    Best Value Rank

    Burano on Bay offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Burano on Bay has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Burano on Bay yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Burano on Bay is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 832 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$558,000 - $672,000No Data$920,000 - $950,000$1,010,000 - $1,042,000No Data$1,350,000 - $1,388,000
    Avg. Cost Per Sqft$1,111No Data$1,140$964No Data$1,096
    Avg. Wait for Unit Availability45 Days166 Days62 Days99 DaysNo Data146 Days
    Ratio of Units in Building41%10%25%17%1%10%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor