$739,900
For sale: Apartment

Rare Investment Opportunity in the Heart of Downtown Toronto! Welcome to Unit 2601 at 38 Grenville St, a bright and stylish 2-bedroom, 2-bathroom suite with 1 parking and 1 locker included. Featuring 9 ft ceilings and floor-to-ceiling windows in both bedrooms and the living area, this unit is filled with natural light and offers a modern, comfortable urban lifestyle. Unbeatable Yonge & College location, steps to College Subway Station, U of T, Toronto Metropolitan University, major hospitals, Eaton Centre, restaurants, shopping, and the Financial District. With constant rental demand from students, professionals, and downtown visitors, this property offers excellent income potential. Short-term rental/Airbnb use may be possible, subject to City of Toronto and building regulations. Enjoy premium building amenities, including a swimming pool - a highly desirable and rare feature in downtown Toronto condos. A fantastic choice for investors or end-users looking for location, lifestyle, flexibility, and future value.
Sold data
Apartment homes in Toronto (Bay Street Corridor) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bay Street Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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