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    for sale
    18 Days on Strata
    $769,888
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    2 Beds
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT

    Price History


    Maintenance Fees:
    $1,191/mth
    Taxes:
    $3,853 (2025)
    Property Type:
    Condo Apartment
    Cost Per Sqft:
    $642 - $770/sqft
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    Yes
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South East

    Amenities

    Security System
    Concierge
    Visitor Parking
    Rec Room
    Indoor Pool
    Sauna
    Games Room
    Indoor Parking
    Gym
    Party Room

    About this Listing

    **Downtown Living at Its Finest | The Penrose** Welcome to this beautifully updated 2-bedroom, 2-bathroom corner suite in the highly sought-after Penrose - offering the perfect blend of space, style, and unbeatable location!! Freshly painted and meticulously maintained, this bright and functional layout features refinished kitchen & bathroom cabinetry, rich hardwood floors, and an open-concept living/dining area ideal for both everyday living and entertaining. Enjoy 2 private balconies -one off the living room with stunning Bay Street city views, and another off the 2nd bedroom for your own quiet escape. The spacious primary suite boasts a walk-in closet and ensuite bath, while two full bathrooms add flexibility and comfort. Unmatched Location & Convenience!! Steps to College Subway Station with access to two major lines, plus streetcars and buses at your doorstep. Walk to U of T, TMU, hospitals, Financial District, Eaton Centre, and more!! College Park Mall is across the street with Metro, Farm Boy, LCBO, cafés, and everyday essentials-no car needed. Premium Building Amenities - Enjoy a full-service lifestyle with 24-hour concierge & security, indoor pool, hot tub, sauna, steam room, gym, running track, games room, and visitor parking. 1 parking spot & 1 locker Included. All utilities included in maintenance fees. Near-perfect walk score. This is more than a condo-it's a downtown lifestyle upgrade!! A rare opportunity to own a move-in ready suite in one of Toronto's most connected locations. A Must See!

    ExtrasFridge, Stove, B/I Dishwasher, Stacked Washer/Dryer, All ELF's

    century 21 regal realty inc.MLS® #C12912348

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Living
    19.72 x 11.25ft
    hardwood floor, Combined with Dining, Walkout To Balcony
    Dining
    19.72 x 11.25ft
    hardwood floor, Combined with Living
    Kitchen
    8.01 x 8.01ft
    hardwood floor, Breakfast Bar
    Primary
    12.99 x 10.01ft
    hardwood floor, 4 Piece Ensuite, Walk-in Closet
    2nd Bedroom
    11.91 x 8.99ft
    hardwood floor, Walkout To Balcony

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.

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    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    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 The Penrose spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 50 condos in the Bay Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    23
    Units were Rented over the past twelve months

    Best Value Rank

    The Penrose offers the
    ?
    best value out of 50 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Penrose has the
    ?
    highest ROI out of 50 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Penrose yields the
    ?
    highest rent prices out of 50 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Penrose is the
    ?
    most popular building out of 50 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at The Penrose

    Studio1 Bed2 Bed2 Bed + Den
    Price RangeNo Data$445,000$767,000 - $768,000$725,000 - $930,000
    Avg. Cost Per SqftNo Data$670$745$814
    Avg. Wait for Unit AvailabilityNo Data98 Days90 Days378 Days
    Ratio of Units in Building2%42%45%12%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor