$956,000
For sale: Apartment

Penthouse NW corner bird's-eye U of T / Queen's Park views 916 sqft. Luxury penthouse living at The Burano in the heart of downtown Toronto! This exceptional Northwest corner suite offers approximately 916 sq. ft. of bright, spacious living with breathtaking bird's-eye panoramic views overlooking U of T, Queen's Park, the city skyline and lake. Featuring 2 bedrooms + den, with the spacious den easily adaptable as a 3rd bedroom. Soaring 10-ft ceilings, floor-to-ceiling windows and beautiful new vinyl flooring create an elegant and sun-filled living space.Enjoy exceptional building amenities on the 3rd floor and an unbeatable downtown location just steps to U of T, TMU, TTC College Station, farmboy, College Park and underground shopping. A rare opportunity to own a prestigious corner penthouse with spectacular views and strong rental potential-ideal for both end users and investors.
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 52, across 3,035 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.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 $578,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 3,035 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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