Maintenance Fees
Opera Place II vs The Bay Street Corridor Area
1401 - 889 Bay St
$2,5001 bd1 ba1 pk527 sqft
For RentOpera Place II
63 Days on Strata
$2,500/mth
1 Bed
1 Bath
1 Parking
527 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
March 1, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
None
Furnished:
Partially
Exposure:
East
Locker:
Owned
Laundry:
Ensuite
Amenities
Security System
Indoor Parking
Party Room
Gym
Visitor Parking
Concierge
Rec Room
Bike Storage
About this Listing
Excellent Location! Very Well Maintained 'Opera Place'. Cozy One Bdrm Suite With Beautiful Unobstructed East View. Steps To Subway, Ymca, U Of T. 24 Hrs Concierge.
Extraspartial furnished apartment.
re/max advance realtyMLS® #C11975405
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Electric
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, East View
13.03 x 10.01ft
Kitchen
Ceramic Floor, Open Concept
7.02 x 8.01ft
Bedroom
Laminate, Closet
10.01 x 10.01ft
Renter's Market
Balanced
Landlord's Market
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9/10
Walkability
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10/10
Transit
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7/10
Bikeability
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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 Opera Place II
Days on Strata
Units at Opera Place II spend an average of
26
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire 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
5
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
N/A
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
1
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
Opera Place II offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Opera Place II has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Opera Place II yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Opera Place II is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Opera Place II
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $608,000 | No Data | No Data | No Data | No Data | No Data |
| Avg. Cost Per Sqft | $901 | No Data | No Data | No Data | No Data | No Data |
| Price Range | $2,300 - $2,650 | $2,700 - $2,800 | $1,400 - $3,800 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 200 Days | 421 Days | 159 Days | 502 Days | No Data | No Data |
| Avg. Wait for Unit Availability | 56 Days | 112 Days | 51 Days | 535 Days | 464 Days | No Data |
| Ratio of Units in Building | 34% | 21% | 37% | 8% | 1% | 1% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
