Maintenance Fees
Burano on Bay vs The Bay Street Corridor Area
1405 - 832 Bay St
$3,8002 bds2 ba1 pk1,092 sqft
For RentBurano on Bay
4.5
4 Days on Strata
$3,800/mth
2 Beds + 1
2 Bath
1 Parking
1,092 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
Immediately
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
Exclusive
Laundry:
Main
Amenities
BBQs Allowed
Bike Storage
Security System
Sauna
Media Room
Visitor Parking
Outdoor Pool
Rooftop Deck
Guest Suites
Party Room
Gym
Indoor Parking
Concierge
About this Listing
Spacious 2 Bedroom + Large Den, 2 Bathroom Condo for lease in Burano on Bay. This fully-loaded 1092 sq ft unit includes parking and a locker. Located in the heart of downtown Toronto near College/Bay/Wellesley, it offers easy access to hospitals, entertainment, the financial district, U of T, Ryerson University, government offices, and shopping. Steps to buses, streetcars, subway, and the underground PATH. The open-concept den can be used as an office or dining area.
ExtrasStainless Steel Appliances (Fridge, Stove, Dishwasher, OTR Microwave), 1 Parking & 1 Locker. Central Air Conditioning, Common Elements, Heat, Building Insurance, Water.
ipro realty ltd.MLS® #C12088746
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord's Market
Similar Listings
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9/10
Walkability
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10/10
Transit
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7/10
Bikeability
The bike lane starts to feel like a second home.
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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 Burano on Bay
Days on Strata
Units at Burano on Bay spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
15%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance 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 againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
112
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
?
Market Insights
Transaction Insights at Burano on Bay
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $558,000 - $575,000 | No Data | $950,000 | $1,010,000 | No Data | $1,388,000 |
| Avg. Cost Per Sqft | $1,112 | No Data | $1,144 | $948 | No Data | $1,106 |
| Price Range | $2,150 - $3,200 | $2,300 - $2,800 | $2,500 - $4,200 | $3,750 - $5,000 | No Data | $4,000 - $5,700 |
| Avg. Wait for Unit Availability | 45 Days | 166 Days | 64 Days | 96 Days | No Data | 156 Days |
| Avg. Wait for Unit Availability | 9 Days | 47 Days | 18 Days | 27 Days | 570 Days | 47 Days |
| Ratio of Units in Building | 41% | 10% | 24% | 17% | 1% | 10% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
