Maintenance Fees
Opera Place I Condos vs The Bay Street Corridor Area
for rent
52 Days on Strata
- Est Lease Timeframe:
- 17 Days
506 - 887 Bay St
$4,250/mth
2 Beds
2 Bath
1 Parking
1,050 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- TBD
- Lease Term:
- 1 Year
- Utilities Included:
- Yes
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite, Main
- Locker:
- Exclusive
- Exposure:
- South West
Amenities
Indoor Parking
Party Room
Gym
Bike Storage
Concierge
Visitor Parking
Amenity details for reference only. Independently verify accuracy.
About this Listing
Welcome to this beautifully renovated condo in the highly sought-after Opera Place. ***Water, heat, hydro and one parking spot are all included in the lease!!! *** This bright and sunny suite features a desirable split-bedroom layout, perfect for privacy and functionality. The open-concept living and dining area offers an ideal space for entertaining, with seamless flow onto a spacious, oversized balcony, perfect for enjoying morning coffee or sunsets with a view of the CN Tower. The modern kitchen boasts granite countertops, ample cabinetry, and a stylish, contemporary design. Enjoy the convenience of two full bathrooms, including a stunning primary ensuite with a luxurious soaker tub and shower, and ensuite laundry. Fully renovated with high-end finishes, large windows providing an abundance of natural light, generously sized bedrooms and ample closet space. Unbeatable Location: Just steps to the University of Toronto, Toronto Metropolitan University, YMCA, Hospital Row, the Financial District, subway, shopping, dining, and more. Ideal for professionals, students, and anyone seeking a vibrant downtown lifestyle. The appliances are only two years old. *This property has been virtually staged*
Extrasfridge, stove, dishwasher, washer, dryer, all light fixtures, mirrors in bathrooms
martin groupMLS® #C12436068
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Not Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 10.6 x 11.98ft
- Vinyl Floor
- Dining
- 10.6 x 9.84ft
- Vinyl Floor
- Kitchen
- 8.6 x 8.01ft
- Primary
- 14.01 x 10.3ft
- Vinyl Floor
- 2nd Bedroom
- 11.52 x 8.99ft
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Bay Street Corridor
Map
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
Your bike's the trusty steed in this urban jungle — giddy up!
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
Household Income
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%
Building Trends At Opera Place I Condos
Days on Strata
Units at Opera Place I Condos spend an average of
24
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
7.3
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
25th
Highest price per SQFT out of 47 condos in the Bay Street Corridor area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
34
Units were Rented over the past twelve months
Best Value Rank
Opera Place I Condos offers the best value out of 47 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Opera Place I Condos has the highest ROI out of 47 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Opera Place I Condos yields the highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood
?
High Demand
Opera Place I Condos is the most popular building out of 47 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Opera Place I Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $605,000 | No Data | $685,000 | $892,000 |
| Avg. Cost Per Sqft | $844 | No Data | $832 | $841 |
| Price Range | $2,350 - $2,700 | $1,450 - $2,700 | $1,550 - $3,800 | $3,500 |
| Avg. Wait for Unit Availability | 216 Days | 255 Days | 210 Days | 1061 Days |
| Avg. Wait for Unit Availability | 25 Days | 84 Days | 55 Days | 547 Days |
| Ratio of Units in Building | 49% | 19% | 25% | 7% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
