$448,800
Toronto
#808 750 Bay Street, Toronto (Bay Street Corridor), Ontario, M5G1N6
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $448,800, it is attractively priced about 34% below the $685,000 median asking price in Toronto.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 67 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Bay Street Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $448,800, about 6.6× the local median household income of $67,500.
Carrying it typically needs a household income of about $87,666 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5G)
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