$448,800
For sale: Apartment

Welcome to Suite 808 at The Penrose - a remarkably spacious one-bedroom residence in the heart of downtown Toronto. From the moment you enter the [ 708 square feet ] living space, the scale of this suite sets it apart. The expansive open-concept living and dining area offers the kind of space rarely found in a one-bedroom condo, with room for substantial furniture, a full dining setting, a dedicated work-from-home area and effortless entertaining - all without feeling crowded. Large windows bring natural light into the principal living space and extend the home outdoors to a private balcony [ 79 square feet ] , while the well-designed kitchen with breakfast bar keeps the layout open and connected. The generously proportioned bedroom features a walk-in closet, complemented by in-suite laundry and excellent functionality throughout. Parking and a Locker are included, adding even more value and convenience.The Penrose offers an exceptional collection of amenities designed for a true downtown lifestyle, including 24-hour concierge and security, a fully equipped fitness centre, indoor pool, hot tub, sauna and an exceptionally rare covered running track - an amenity seldom found in a downtown condominium.All of this in an outstanding Bay Street location, surrounded by the best of downtown Toronto with transit, shopping, dining, hospitals, universities and everyday conveniences just steps away.For buyers who love downtown living but don't want to compromise on space, Suite 808 is a rare find.
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 3,017 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.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 $574,900.
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 3,017 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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