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    Karma Condos

    15 Grenville Street

    7for Sale
    15for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    50
    Number of Units:
    495
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    252 - 921 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Karma Condos

    Amenities

    Rooftop Deck
    Gym Room
    Party Room
    Media Room
    BBQ
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 15 Grenville StreetKarma Condos

    Renowned for their ability to recognize bourgeoning neighbourhoods, Lifetime Developments has chosen well yet again: 15 & 21 Grenville Street is an exciting location in Toronto’s Discovery District. Long attracting researchers and tech entrepreneurs to the area, this new residential development, the Karma Condos, is a suitably smart addition to an area well-known for its brilliant demographic.

    Completed in 2016, these downtown Toronto condos comprise 50-stories of contemporary urban excellence, thanks to a brilliant design by ArchitectsAlliance. Best characterized by its subtle accents and arrangements, these condos cultivate a sophisticated aesthetic.

    The grid of glass window panels on the east and west sides of the tower balance the lines of the long balconies running along the north and south sides. This interplay gives the design its striking confidence, without the need for any flashy adornments.

    At street level, the podium is both elegant and efficient. Encased in glass, the lobby features a 24-hour concierge service – though it’s the soaring columns which give 15 & 21 Grenville a grand impression. Moreover, these columns allow for the preservation of parts of the historic building that formerly stood at this location. This charming accent perfectly balances the aptly named Karma Condos.

    Additionally, the podium holds an alluring retail area, as well as many of the building's generous amenities. This includes a state-of-the-art gym with an adjoining steam room, a theatre room, and, guest suites.

    Atop the podium, residents enjoy a spacious terrace featuring exceptional landscape design by Strybos Barron King; the terrace gives residents a vibrant green escape that’s unexpected so deep in the downtown Core.

    The Suites

    Located so close to universities and research hospitals, many young professionals will be attracted to this property. It holds 495 Toronto condos, which range in size from approximately 300 to 900 square feet. This range includes bachelor, one and two bedroom suites, and the option of a den as well.

    Regardless of actual size, the trusted Lifetime Developers have ensured all these homes are comfortable and stylish. With a strong base of engineered hardwood flooring throughout, smooth ceilings, and floor-to-ceiling windows, the suites’ finishes are certainly elegant and on par with most luxury condos.

    The designers at Cecconi Simone have chosen wonderful accents for the suites, culminating in their distinctively modern yet welcoming atmosphere. This is best represented by the elegant and efficient European kitchen cabinetry – both streamlined and spacious. Prices could be seen as a deterrent for some buyers, as Bay St condos for sale generally have high price tags, and this building in particular has one of the highest prices per square foot in downtown Toronto.

    The Neighbourhood

    Residents of Karma Condos will enjoy living so close to Yonge Street. Shoppers adore the selection of stores which includes all the major brands, as well as many eclectic and local retailers. Whether seeking inexpensive essentials or high-end goods, residents can find what they want and need nearby.

    Foodies will especially enjoy the offerings in the area. Residents can explore an almost endless array of restaurant options: delicious bowls of ramen, gourmet burgers, banh mis, burritos, all-day brunch, and more are all walking distance from home.

    Still, one can’t eat out every day, so residents will be happy to hear that there is a Loblaws just down the street, at the corner Carlton and Church. Located in the historic Maple Leaf Gardens, its selection can’t be beat by any other downtown grocer. Additionally, College Park is also nearby - its Metro and LCBO are very convenient.

    Transportation

    Being close to many universities, offices, and hospitals means there are many transportation options available to residents . Just around the corner, inside College Park, they can access the subway at College Station on the Yonge-University-Spadina line.

    Alternatively, accessible at street level on College, the 506 Carlton streetcar is a great option for traveling throughout the Core. Along its route west to High Park and east to Broadview station, the 506 stops about two minutes from 15 & 21 Grenville at the Yonge and College.

    Lastly, Karma residents who drive need not head far to find the highway. They can just follow Bay to Bloor, and then head east to the Don Valley Parkway access point, just after the bridge.

    7

    Listings For Sale

    Interested in receiving new listings for sale?

    15

    Listings For Rent

    Interested in receiving new listings for rent?

    15 Grenville St, unit 1006 for rent - image #1
    $2,200/mth
    Price Cut: $100 (Apr 18)
    15 Grenville StBay St. CorridorUnit 1006
    Studio 1 Bath0 Parking
    Available Mar 15, 202465 Days on Strata
    15 Grenville St, unit 1005 for rent - image #1
    $2,295/mth
    15 Grenville StBay St. CorridorUnit 1005
    1 Bed1 Bath509 SQFT0 Parking
    Available May 12, 202420 Days on Strata
    15 Grenville St, unit 907 for rent - image #1
    $2,450/mth
    15 Grenville StBay St. CorridorUnit 907
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available May 8, 202421 Days on Strata
    15 Grenville St, unit 2007 for rent - image #1
    $2,490/mth
    15 Grenville StBay St. CorridorUnit 2007
    1 Bed1 Bath600 - 699 SQFT0 Parking
    Available Immediately11 Days on Strata
    15 Grenville St, unit 1508 for rent - image #1
    15 Grenville StBay St. Corridor
    1 Bed1 Bath0 Parking
    Available May 16, 202423 Days on Strata
    15 Grenville St, unit 2507 for rent - image #1
    15 Grenville StBay St. Corridor
    1 Bed1 Bath490 SQFT0 Parking
    Available To Be Arranged7 Days on Strata
    15 Grenville St, unit 2407 for rent - image #1
    $2,600/mth
    15 Grenville StBay St. CorridorUnit 2407
    1 Bed1 Bath490 SQFT0 Parking
    Available May 15, 202443 Days on Strata
    15 Grenville St, unit 1111 for rent - image #1
    15 Grenville StBay St. Corridor
    1 Bed + 11 Bath586 SQFT0 Parking
    Available Apr 2, 202437 Days on Strata
    15 Grenville St, unit 2911 for rent - image #1
    $2,650/mth
    15 Grenville StBay St. CorridorUnit 2911
    1 Bed + 11 Bath562 SQFT0 Parking
    Available May 15, 20246 Days on Strata
    15 Grenville St, unit 4402 for rent - image #1
    15 Grenville StBay St. Corridor
    1 Bed + 11 Bath500 - 599 SQFT0 Parking
    Available Jun 1, 202414 Days on Strata
    15 Grenville St, unit 601 for rent - image #1
    15 Grenville StBay St. Corridor
    1 Bed + 11 Bath544 SQFT0 Parking
    Available Jun 1, 20241 Day on Strata
    15 Grenville St S, unit 2302 for rent - image #1
    $2,800/mth
    15 Grenville St SBay St. CorridorUnit 2302
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available Jun 1, 20247 Days on Strata
    15 Grenville St, unit 609 for rent - image #1
    $3,398/mth
    15 Grenville StBay St. CorridorUnit 609
    2 Beds2 Baths729 SQFT0 Parking
    Available Jun 1/ TBA19 Days on Strata
    15 Grenville St, unit 2709 for rent - image #1
    $3,800/mth
    15 Grenville StBay St. CorridorUnit 2709
    2 Beds2 Baths800 - 899 SQFT1 Parking
    Available May 1, 202410 Days on Strata
    15 Grenville St, unit Ph08 for rent - image #1
    15 Grenville StBay St. Corridor
    2 Beds2 Baths729 SQFT0 Parking
    Available May 1, 202436 Days on Strata

    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at Karma Condos spend an average of
    27
    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

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    90
    Units were Rented over the past twelve months

    Best Value Rank

    Karma Condos offers the
    ?
    best value out of 34 condos in the Bay St. Corridor neighbourhood

    Appreciation Rank

    Karma Condos has the
    ?
    highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    Karma Condos yields the
    ?
    highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

    High Demand

    Karma Condos is the
    ?
    most popular building out of 34 condos in the Bay St. Corridor neighbourhood

    Transaction Insights at 15 Grenville Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$438,000$654,000 - $680,000$729,888 - $760,000$880,000 - $895,000No Data
    Avg. Cost Per Sqft$1,644$1,521$1,440$1,351No Data
    Avg. Wait for Unit Availability225 Days42 Days50 Days63 Days160 Days
    Ratio of Units in Building10%34%29%21%7%

    Maintenance Fees

    Karma Condos vs The Bay St. Corridor Area

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