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    Toronto / Downtown / Bay Street Corridor

    406 - 832 Bay St

    For RentBurano on Bay
    $2,550/mth
    1 Bed + 1
    1 Bath
    0 Parking
    608 SQFT
    10 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 10, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Juliet Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Windows Floor to Ceiling, Laminate
    14.24 x 14.01ft
    Dining
    Combined with Living, Open Concept, Laminate
    14.24 x 14.01ft
    Kitchen
    Modern Kitchen, Granite Counter, Laminate
    10.99 x 5.97ft

    About this Listing

    Discover your dream urban lifestyle at Burano on Bay! This chic 1-bedroom + den condo at 832 Bay Street is perfectly tailored for young professionals and students seeking a blend of style and convenience. Step into a sunlit space with floor-to-ceiling windows offering stunning east-facing views. The open-concept layout features a sleek kitchen with granite countertops, stainless steel appliances, and modern finishes that inspire your inner chef. Whether you're working from home in the versatile den or relaxing in your cozy bedroom with ample closet space, this unit offers a harmonious balance of function and flair. Enjoy amenities like a rooftop deck, outdoor pool, gym, and more. With College Station and UofT just steps away, your commute and social life are all sorted. Surrounded by trendy restaurants, cafes, and parks, this location is ideal for those who crave the energy of the city. Hate to wait? Skip the elevator and take the stairs up a few floors home. Active and convenient!

    ExtrasBuilding amenities include a concierge, gym, outdoor pool, party room, rooftop deck, and visitor parking. Located steps from UofT, TMU, hospitals, parks, and public transit, this condo offers the ultimate urban lifestyle.

    core assets real estateMLS® #C9310483

    Amenities

    Media Room
    Guest Suites
    Visitor Parking
    Party Room
    Rooftop Deck
    BBQ

    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.

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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%

    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
    2%
    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
    7.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    15th
    Highest price per SQFT out of 36 condos in the Bay Street Corridor area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    104
    Units were Rented over the past twelve months

    Best Value Rank

    Burano on Bay offers the
    ?
    best value out of 36 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Burano on Bay has the
    ?
    highest ROI out of 36 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Burano on Bay yields the
    ?
    highest rent prices out of 36 condos in the Bay Street Corridor neighbourhood

    High Demand

    Burano on Bay is the
    ?
    most popular building out of 36 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$1,159No Data$1,140$964No Data$1,096
    Avg. Wait for Unit Availability44 Days161 Days62 Days98 DaysNo Data146 Days
    Ratio of Units in Building40%10%25%17%1%10%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor