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    Toronto / Downtown / Bay Street Corridor

    1405 - 832 Bay St

    For RentBurano on Bay
    $4,150/mth
    2 Beds + 1
    2 Bath
    1 Parking
    1,092 SQFT
    54 Days on Strata
    Est Lease Timeframe
    22 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North East
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Spacious 2 Bedroom + Large Den, 2 Bathroom Condo for lease in Burano on Bay. This fully-loaded 1092 sq ft unit includes parking and a locker. Located in the heart of downtown Toronto near College/Bay/Wellesley, it offers easy access to hospitals, entertainment, the financial district, U of T, Ryerson University, government offices, and shopping. Steps to buses, streetcars, subway, and the underground PATH. The open-concept den can be used as an office or dining area.

    ExtrasHuge Balcony, Granite Counter Top in Kitchen.

    ipro realty ltd.MLS® #C9369061

    Amenities

    Rooftop Deck
    Media Room
    Party Room
    Concierge
    Security System
    Sauna

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Burano on Bay vs The Bay Street Corridor Area

    Building Trends At Burano on Bay

    Days on Strata

    Units at Burano on Bay spend an average of
    29
    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
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    7.8
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    110
    Units were Rented over the past twelve months

    Best Value Rank

    Burano on Bay offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Burano on Bay has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Burano on Bay yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Burano on Bay is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 832 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$558,000 - $672,000No Data$920,000 - $950,000$1,010,000 - $1,042,000No Data$1,350,000 - $1,388,000
    Avg. Cost Per Sqft$1,111No Data$1,140$964No Data$1,096
    Avg. Wait for Unit Availability45 Days166 Days62 Days99 DaysNo Data146 Days
    Ratio of Units in Building41%10%25%17%1%10%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor