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    for rent
    18 Days on Strata
    Est Lease Timeframe:
    22 Days
    $2,200/mth
    Get price change & sold alerts
    1 Bed
    1 Bath
    0 Parking
    500 SQFT

    Price History


    Property Type:
    Condo Apartment
    Possession Date:
    Jun 20
    Lease Term:
    1 Year
    Utilities Included:
    Yes
    Furnished:
    Yes
    Outdoor Space:
    None
    Ensuite Laundry:
    Yes
    Locker:
    Owned
    Exposure:
    East

    Amenities

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

    About this Listing

    In the Heart of Downtown Toronto! Discover your perfect city lifestyle in this spacious one-bedroom condominium at the Penrose Building, strategically located at Bay St. and College. This fabulous home puts you in the epicenter of urban convenience-just steps away from College Park Mall, subway lines, the Eaton Centre, U of T, Ryerson University, and the Financial District. Enjoy seamless access to grocery stores, hospitals, and endless city amenities! This unit is partially furnished which would be advantagous for a student. The building offers great amenities with 24-hour security, a fully-equipped gym, indoor pool, and recreation room. Designed for professionals and city enthusiasts who crave convenience, this condominium is more than just a home-it's your gateway to the best of downtown living. Embrace the perfect blend of practicality, comfort, and urban excitement in this must-see downtown gem!

    forest hill real estate inc.MLS® #C12912408

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Living
    15.98 x 13.22ft
    Combined with Dining
    Dining
    15.98 x 13.22ft
    Combined with Living
    Kitchen
    8.99 x 5.58ft
    Open Concept
    Bedroom
    8.04 x 8.04ft
    Closet

    Renter's Market
    Balanced
    Landlord'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.


    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$2,300 - $2,700$3,000 - $3,900$4,100
    Avg. Wait for Unit AvailabilityNo Data40 Days27 Days123 Days
    Ratio of Units in Building2%42%45%12%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor