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    1211 - 889 Bay Street

    For RentOpera Place II
    $3,500/mth
    2 Beds
    2 Bath
    1 Parking
    893 SQFT
    11 Days on Strata
    Est Lease Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Possession Date:
    May 20, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    19.69 x 10.5ft
    Dining
    Combined with Living, Laminate
    19.69 x 10.5ft
    Kitchen
    8.53 x 7.38ft

    About this Listing

    Well maintained and well managed beautiful opera place, near hospitals, YMCA, U of T, TMU. Practical split Br loayout. Clear view balcony.

    ExtrasRenovated with new laminated flooring, fresh paint, new ceiling lights, new stainless steel fridge, stove, dishwasher and microwave for tenant use. All ELFs, window coverings, One parking for tenant use. No locker.

    homelife/local real estate ltd.MLS® #C8265760


    Amenities

    Bike Storage
    Rec Room
    Indoor Parking
    Party Room
    Concierge
    Security System

    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
    Your bike's the trusty steed in this urban jungle — giddy up!

    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 Opera Place II spend an average of
    7
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    Opera Place II offers the
    ?
    best value out of 34 condos in the Bay St. Corridor neighbourhood

    Appreciation Rank

    Opera Place II has the
    ?
    highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    Opera Place II yields the
    ?
    highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

    High Demand

    Opera Place II is the
    ?
    most popular building out of 34 condos in the Bay St. Corridor neighbourhood

    Transaction Insights at 889 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$718,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$974No DataNo DataNo Data
    Avg. Wait for Unit Availability158 Days416 Days169 Days448 DaysNo Data
    Ratio of Units in Building34%22%36%8%2%

    Maintenance Fees

    Opera Place II vs The Bay St. Corridor Area

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