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    Toronto / Downtown / Bay Street Corridor

    1609 - 832 Bay St

    For RentBurano on Bay
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    433 SQFT
    1 Day on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    South
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Granite Counter, Open Concept
    10.96 x 9.91ft
    Dining
    Combined with Living, Laminate
    13.71 x 10.93ft
    Living
    Combined with Dining, Laminate
    13.71 x 10.93ft

    About this Listing

    Welcome to this bright and modern 1-bedroom condo located on a high floor in the prestigious Burano building. Enjoy breathtaking, unobstructed south-facing views from floor-to-ceiling windows that bathe the space in natural light. The open-concept design features soaring 9-foot ceilings, offering a spacious feel and an inviting atmosphere.Perfectly situated just steps from College Subway, you'll have quick access to everything the city has to offer. Whether it's the University of Toronto, TMU, world-class shopping, 24-hour grocery stores, restaurants, or the Financial District, all are within walking distance. Nearby hospitals add convenience for medical professionals or anyone seeking easy access to healthcare.

    ExtrasS/S Appliances: Fridge, Stove, Dishwasher, Microwave, Rangehood, Stacked Washer/Dryer. Current Window CoveringsAmenities:Rooftop Pool/Hot Tub, Lounge, Party Rooms, Visitor Parking And Much More.

    mehome realty (ontario) inc.MLS® #C11916978

    Amenities

    Party Room
    Bike Storage
    Media Room
    Security System
    Sauna
    Rooftop Deck

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Burano on Bay vs The Bay Street Corridor Area

    Building Trends At Burano on Bay

    Days on Strata

    Units at Burano on Bay spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    7.8
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    114
    Units were Rented over the past twelve months

    Best Value Rank

    Burano on Bay offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Burano on Bay has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Burano on Bay yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Burano on Bay is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 832 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$558,000 - $672,000No Data$920,000 - $950,000$1,010,000 - $1,042,000No Data$1,350,000 - $1,388,000
    Avg. Cost Per Sqft$1,111No Data$1,140$964No Data$1,106
    Avg. Wait for Unit Availability45 Days166 Days64 Days93 DaysNo Data155 Days
    Ratio of Units in Building41%10%24%17%1%10%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor