750 Bay Street

Nestled in the Bay Street Corridor — arguably Toronto’s busiest neighbourhood — The Penrose strikes an impressive figure; standing at 30-storeys tall, this building’s multi-tiered design gives the impression of stretching towards the sky. With decorative touches like a unique sculpture display out front, and fully fleshed out amenities, there's a lot to like about this property.

Speaking of amenities, residents of this building enjoy many extras — full-length indoor pool, indoor running track, whirlpool, fitness centre, sauna, party room, security guard, and parking garage.

If you live a fast-paced life and are interested in Bay St condos for sale — The Penrose should be on your list of potential candidates. This building is well suited to professionals, students, couples, and first-time home buyers — with a condo in this building you have relaxing amenities at home and a vibrant community just outside your front door.

Fantastic amenities and a great location would be meaningless without quality suites — fortunately, that’s exactly what you’ll find at 750 Bay St. There are 220 downtown Toronto condos in this building, all of which are bright and spacious, with open concept layouts, ensuite laundry, private balconies — some have 2 private balconies — and spacious bedrooms. Suite sizes range from roughly 500 square feet, to over 1100 for a 2 bedroom + den.

The Penrose was completed in 1999, and some units may feature different finishes than others based on past renovations; which makes this a great opportunity for potential buyers, because with can’t beat location and spacious layouts, putting your own personal touch on a unit could yield a nice return in the future.

Another enticing factor is price point — condos in the Bay Street Corridor can easily fetch 7 figures, but The Penrose has suites which are reasonably priced and are below comparable units in other buildings in the area. So, if you work in the financial district and you’ve been looking for an opportunity to break into the market; this could very well be your best bet.

The Bay Street Corridor is as central as it gets — to the north you have Bloor and upscale boutique shopping, to the south you have the entertainment District and huge attractions, to the east you’ll find the Eaton Centre, and to the west you have the vintage capital of Toronto — Kensington Market.

From your home at 750 Bay Street you’re immersed in the action — you can kick start your day with an espresso at Jimmy’s Coffee or Hailed Coffee - College Park on Gerrard. If it’s lunchtime and you need a bite on the run, there’s Pizza Pizza, Subway and Tim Hortons just outside your building. Or if you have some time to relax, there’s Jack Tan's, Bay Burger, Tosto Quickfire Pizza Pasta, all within a few minutes walk.

For entertainment, there are nearby pubs like Duke of Somerset for a drink on a patio, concert venues to the east like Massey Hall and the Phoenix Concert Theatre, cultural exhibits on Bloor such as the ROM and Gardiner Museum, and even an expansive greenspace nearby at Queen’s Park. Sports fans can jump on a streetcar and ride to the Scotiabank Arena and Rogers Centre, without the inconvenience of $20 parking.

750 Bay Street has a 99 Walk Score, making this an ideal location for residents who prefer to run errands on foot; there’s a Sobeys Urban Fresh across the street, a Fine Food Market just down the road, and Shoppers Drug Mart is on the corner of Bay and Gerrard for your prescription needs.

Those who rely on public transit have north and southbound buses on Bay, streetcars on College, and College Station is minutes away for the Yonge-University subway line.

Drivers can reach the Don Valley Parkway by heading north on Bay to Bloor and then east to the Danforth on-ramp. For the Gardiner Expressway, go south on Bay to Lakeshore Boulevard for the nearest on-ramp.