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    For SaleOpera Place I Condos
    $629,000
    1 Bed
    1 Bath
    1 Parking
    644 SQFT
    14 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $683/mth
    Taxes:
    $2,983 (2024)
    Cost Per Sqft:
    $977/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    60/90
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    19.29 x 10.01ft
    Dining
    Laminate, Breakfast Bar, Combined with Living
    19.29 x 10.01ft
    Kitchen
    Ceramic Floor, Modern Kitchen
    8.07 x 7.58ft

    About this Listing

    Welcome to The Opera Place at 908-887 Bay Street. This is a stunning, spacious, one-bedroom condo with 644 square feet of living area. This condo also includes a parking spot and a locker. Its extremely functional layout ensures no wasted space. The entryway features a large in-suite storage room, and a laundry closet directly across from it. A generously-sized coat closet accommodates daily needs and guests.The west-facing living space features tons of natural light and enough room for both a formal dining space and a home-office desk . The kitchen has ample cabinetry, a full-size stove, fridge, and brand new dishwasher (2022). There is also great counter space for your daily culinary needs. Recently upgraded porcelain tiles in the hallway, kitchen and washroom. The exceptionally large bedroom can fit a king-size bed and features a full size walk-in closet, both of which are rarities for a one-bedroom condo. A large bedroom window admits excellent natural light at all times of the day. Brand new laminate flooring (2024) in the bedroom. The condo also features a 4-piece bathroom. The Opera House's location is what makes it an excellent place to call home, or an amazing investment. You are nestled between College and Wellesley on Bay Street, close to the Financial District, all the hospitals on University Avenue and Women's College Hospital across the street. Close to U of T, TMU and MaRS. The condo is also walking distance from Yorkville, and mere steps from multiple transit stops, including the College and Wellesley TTC subway stations. The neighbourhood features excellent restaurants, cafes, bars, art galleries, and libraries.This buildings excellent amenities include a 24- hour concierge with security, 2nd-floor gym, party room, bike storage, and visitor parking. Come see this condo in person!

    ExtrasExisting Fridge, Stove, Built-In Dishwasher, Stacked Washer And Dryer, and Window Coverings, In-Unit Storage room, Parking And Locker.

    re/max realty services inc.MLS® #C9305255


    Amenities

    Media Room
    Rec Room
    Security System
    Gym Room
    Concierge
    Indoor Parking

    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!

    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%

    Maintenance Fees

    Opera Place I Condos vs The Bay Street Corridor Area

    Days on Strata

    Units at Opera Place I Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 36 condos in the Bay Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    Opera Place I Condos offers the
    ?
    best value out of 36 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Opera Place I Condos has the
    ?
    highest ROI out of 36 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Opera Place I Condos yields the
    ?
    highest rent prices out of 36 condos in the Bay Street Corridor neighbourhood

    High Demand

    Opera Place I Condos is the
    ?
    most popular building out of 36 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 887 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$630,000 - $695,000$880,000 - $918,000No Data
    Avg. Cost Per SqftNo Data$893$911No Data
    Avg. Wait for Unit Availability151 Days223 Days218 Days532 Days
    Ratio of Units in Building50%19%26%6%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor