7 Grenville St W 3702
Bay Street Corridor, Downtown Toronto, M4Y 0E9
FOR SALE
$580,000
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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 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.
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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 (144)
Bay & Wellesley (203)
Yonge & College (41)
Yonge & Wellesley (232)
Yonge & Carlton (193)
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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 $580,000, which is $157,455 (37.3%) higher than the average sold price of $422,545 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $67 (0.0%) compared to the previous 30 day period (July 17 - August 15) and down $29,851 (6.6%) from the same time one year ago.Inventory Change
There were 79 0-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 19.7% compared with the previous 30 day period (July 17 - August 15) and down 19.4% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,990) (0.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $12,453 increase compared to the previous 30 day period (July 17 - August 15) and ($7,977) 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 (August 16 - September 14) stood at 27.8%, down from 34.8% over the previous 30 days (July 17 - August 15) and up from 27.6% 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 35 days when successfully sold over the last 30 days (August 16 - September 14), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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