38 Grenville St 510
Bay Street Corridor, Downtown Toronto, M4Y 1A5
FOR SALE
$729,900
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BEDROOMS1
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Property Description
Beautifully functional floorplan, located in one of the most accessible and desirable areas of Toronto. This suite provides open concept entertaining with a den that is well suited to a dining/work space or could be used as an additional sleeping area. Laminate throughout, full size appliances, large mirrored closet storage, wide floor to ceiling windows and a 150 sq. ft balcony make this a very liveable space! Located minutes away from U of T, TMU, hospitals (TGH, Sick Kids, Mt Sinai) top restaurants & shopping, the financial district and a subway at your doorstep, you're never far from anything. Generous visitor parking spaces and a well kept building with low maintenance fees.
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Nearby Intersections
Bay & College (94)
Bay & Wellesley (142)
Bloor & Avenue (306)
Yonge & Wellesley (157)
Yonge & Carlton (148)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,812 (2023)
Basement
None
Exterior
Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Grenville St 510 is a 1-bedroom 1-bathroom condo listed for sale at $729,900, which is $126,356 (20.9%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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