Maintenance Fees
Opera Place II vs The Bay Street Corridor Area
403 - 889 Bay St
$2,5801 bd1 ba1 pk755 sqft
For RentOpera Place II
96 Days on Strata
$2,580/mth
Price Cut: $2,780
Price Cut: $2,780
1 Bed + 1
1 Bath
1 Parking
755 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
January 14, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
East
Locker:
Owned
Amenities
Security System
Indoor Parking
Party Room
Gym
Visitor Parking
Concierge
Rec Room
Bike Storage
About this Listing
Prime Bay St. Location, Opera House On Bay In The Heart Of Downtown Toronto. Functional Layout With Spacious Rooms. Walking Distance To Hospitals. Toronto General, Sick kids Hospital, Prince Margert Hospital etc. U Of T, Toronto Metro U, Subway, Financial & Entertainment District. Utilities & Hydro Included. 1 Parking & 1 Locker Included. The unit is freshly paint with new Laminate Floor Thru-Out and Tenant liability insurance coverage must be 2 Million. * Applicant consent to have credit check by Landlord if request* **No Pet allow and Non smoking**
century 21 king`s quay real estate inc.MLS® #C11923568
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Electric
Heating
Fan Coil
Room Dimensions
Foyer
Ceramic Floor, Mirrored Closet, Open Concept
0 x 0ft
Living
Laminate, Walkout To Balcony
20.01 x 10.5ft
Dining
Laminate, Combined with Living
20.01 x 10.5ft
Kitchen
Ceramic Floor, O/Looks Dining
9.51 x 8.01ft
Primary
Laminate, Walk-in Closet
14.83 x 9.51ft
Den
Laminate, Irregular Room
7.51 x 10.17ft
Renter's Market
Balanced
Landlord's Market
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9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
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
