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    Toronto / Downtown / Bay Street Corridor

    2704 - 832 BAY St

    For SaleBurano on Bay
    $615,000
    1 Bed
    1 Bath
    0 Parking
    500 SQFT
    23 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $359/mth
    Taxes:
    $2,453 (2024)
    Cost Per Sqft:
    $1,230/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    20/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Large Window, Open Concept
    12.93 x 11.35ft
    Dining
    Hardwood Floor, Open Concept, Combined with Living
    12.93 x 11.35ft
    Kitchen
    Hardwood Floor, Granite Floor, Breakfast Bar
    7.61 x 6.99ft

    About this Listing

    Welcome To The Luxurious And Well Managed 832 Bay. This Stunning 1 Bedroom Unit Is Located In The Heart Of Downtown, Prime & Safe Location Of Bay & College. This 1 Bedroom Suite Features Floor To 9' Ceiling Windows, Approx. 500SF, Unobstructed View, Engineering Hardwood Flooring in Living Room, Freshly Painting Throughout, Large Bedroom With Sizable Closet Space, Very Functional Layout. Minutes From The Financial District, University Of Toronto, Public Transit, Restaurants, Schools, Shopping, Parks, Government Office Building, Police Office, And More. Low Maintenance Fee ; Do Not Miss This Opportunity To Live In The Center Of Downtown! Amenities Include 24 Hr Concierge/Security, Fitness Lounge With Steam Rooms And Saunas, Rooftop Patio, Outdoor Pool, Lounge Room, Theater And Party Room

    homelife new world realty inc.MLS® #C11964948

    Amenities

    Indoor Parking
    Visitor Parking
    Bike Storage
    Outdoor Pool
    Guest Suites
    Rooftop Deck

    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
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    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
    7.8
    YEARS before being sold again

    Property Value

    -13%
    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

    8
    Units were Sold over the past twelve months

    Rented Units

    116
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

    Burano on Bay is the
    ?
    most popular building out of 45 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$950,000$1,010,000 - $1,042,000No Data$1,359,000 - $1,388,000
    Avg. Cost Per Sqft$1,111No Data$1,144$964No Data$1,111
    Avg. Wait for Unit Availability45 Days166 Days64 Days94 DaysNo Data155 Days
    Ratio of Units in Building41%10%24%17%1%10%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor