7 Grenville St W 3702
Bay Street Corridor, Downtown Toronto, M4Y 0E9
FOR SALE
$500,000
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Property Description
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 Innovation, 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.
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Extras
Existing Tenant T Be Assumed (2.3K/month)/ Until April 2025; 24 Hour Notice For All Showings.
Nearby Intersections
Bay & College (97)
Bay & Wellesley (148)
Yonge & College (40)
Yonge & Wellesley (175)
Yonge & Carlton (135)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,946 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.25' x 13.71' | Combined W/Living, B/I Appliances, Quartz Counter |
| Living | Main | 11.25' x 13.71' | Combined W/Kitchen, W/O To Balcony, Laminate |
| Br | Main | 11.25' x 13.71' | Combined W/Living, Combined W/Kitchen, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
7 Grenville St W 3702 is a 0-bedroom 1-bathroom condo listed for sale at $500,000, which is $132,535 (36.1%) higher than the average sold price of $367,465 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $49,139 (11.8%) compared to the previous 30 day period (November 18 - December 17) and down $65,745 (15.2%) from the same time one year ago.Inventory Change
There were 53 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is up 10.4% compared with the previous 30 day period (November 18 - December 17) and up 60.6% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($9,034) (2.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,805 increase compared to the previous 30 day period (November 18 - December 17) and ($16,026) more 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 30.2%, down from 43.8% over the previous 30 days (November 18 - December 17) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 36 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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