701 - 887 Bay St
For RentOpera Place I Condos
2 Days on Strata
$2,450/mth
1 Bed
1 Bath
1 Parking
538 SQFT
Listing History
2025 - Mar 19
for rent$2,450
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Unit Highlights
Ownership Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
East
Locker:
Owned
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Air Conditioning
Parking
Excluded
Hydro
Heat
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Room Dimensions
Living
Laminate, Walkout To Balcony, Combined with Dining
9.84 x 12.57ft
Dining
Laminate, Combined with Living
9.84 x 12.57ft
Bedroom
Laminate, Built-in Closet
10.01 x 11.25ft
About this Listing
Student Smart " Opera Place" in the heart of downtown! Closed to U of T and Toronto Metropolitan University. This Bright 1 bedroom unit boasts an efficient 538 sf of well laid out living space, open concept kitchen with breakfast bar, locker & parking. 24-hr concierge, Gym, Party room & Visitor parking. Steps to TTC Subway, YMCA, Restaurants, Shopping, Hospitals.
century 21 mypro realtyMLS® #C12028285
Building Spotlight
Amenities
Media Room
Visitor Parking
Indoor Parking
Gym Room
Guest Suites
Concierge
Similar Listings
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
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%
Price Trends
Maintenance Fees
Opera Place I Condos vs The Bay Street Corridor Area
Building Trends At Opera Place I Condos
Days on Strata
Units at Opera Place I Condos spend an average of
36
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
7.2
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
26th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
28
Units were Rented over the past twelve months
Best Value Rank
Opera Place I Condos offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Opera Place I Condos has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Opera Place I Condos yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Opera Place I Condos is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Transaction Insights at 887 Bay Street
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $605,000 - $610,200 | $630,000 | $685,000 - $918,000 | No Data |
| Avg. Cost Per Sqft | $910 | $841 | $876 | No Data |
| Price Range | $2,350 - $2,650 | $1,000 - $2,900 | $3,300 - $3,600 | $3,500 |
| Avg. Wait for Unit Availability | 186 Days | 223 Days | 223 Days | 532 Days |
| Avg. Wait for Unit Availability | 26 Days | 96 Days | 63 Days | 547 Days |
| Ratio of Units in Building | 50% | 19% | 26% | 7% |
Transactions vs Inventory
Total number of units listed and leased in Bay Street Corridor
