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    for rent
    58 Days on Strata
    Est Lease Timeframe:
    17 Days
    $3,400/mth
    2 Beds
    2 Bath
    0 Parking
    900 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Property Type:
    Condo
    Possession Date:
    Nov 1
    Lease Term:
    Short Term
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite, Main
    Locker:
    None
    Exposure:
    South West

    Amenities

    Concierge
    Games Room
    Gym
    Indoor Pool
    Party Room
    Sauna

    About this Listing

    Elegant And Fully Furnished Corner Unit Showcasing 2 Bedrooms, 2 Bathrooms, And 2 Private Balconies In One Of Downtowns Most Coveted Locations. Enjoy Bright Southwest Exposure, Sleek Wood Flooring, And Upgraded Stainless Steel Kitchen And Laundry Appliances. The Building Offers Exceptional Amenities, Including A 24-Hour Concierge, Indoor Lap Pool, Hot Tub, Gym, Running Track, Sauna, Steam Room, Party Room, And TV Lounge. Perfectly Situated Just Steps From College Subway Station, Buses, Streetcars, The University Of Toronto, Toronto Metropolitan University, Major Hospitals, And The Financial District. Preferred Lease Term From November 2025 To April 2026, With Some Flexibility.

    ExtrasFully Furnished! Internet, Local Telephone And Basic Plus HD Cable Also Included! Parking Not Included But Usually Available For Rent In Building.

    re/max condos plus corporationMLS® #C12423665

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    20.01 x 11.29ft
    Wood Floor, Walkout To Balcony
    Dining
    20.01 x 11.29ft
    Wood Floor, Combined with Living
    Kitchen
    8.01 x 8.01ft
    Ceramic Floor, Built-in Appliances
    Primary
    12.99 x 10.01ft
    Wood Floor, Walkout To Balcony, 4 Piece Ensuite
    Bedroom
    11.09 x 8.99ft
    Wood Floor, Walkout To Balcony, Closet

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    The bike lane starts to feel like a second home.


    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%


    Days on Strata

    Units at The Penrose spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    5.3
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 47 condos in the Bay Street Corridor area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    The Penrose offers the
    ?
    best value out of 47 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Penrose has the
    ?
    highest ROI out of 47 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Penrose yields the
    ?
    highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Penrose is the
    ?
    most popular building out of 47 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at The Penrose

    Studio1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$2,000 - $2,680$1,750 - $3,900$4,100No Data
    Avg. Wait for Unit AvailabilityNo Data40 Days26 Days123 DaysNo Data
    Ratio of Units in Building2%42%45%11%1%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor