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    Toronto / Downtown / Bay Street Corridor

    502 - 15 Grenville St

    For RentKarma Condos
    $2,550/mth
    1 Bed + 1
    1 Bath
    0 Parking
    540 SQFT
    5 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    March 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    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

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    21.33 x 10.24ft
    Dining
    Laminate, Combined with Living, South View
    21.33 x 10.24ft
    Kitchen
    Laminate, Granite Counter, Stainless Steel Appliances
    21.33 x 10.24ft

    About this Listing

    Bright & Spacious 1+Den Unit, Functional Layout, South View, Located In The Heart Of Bay/Yonge St. Corridor, 540Sq.Ft. Of Interior + 124Sq.Ft. Balcony, 9' Ceiling, Floor-To-Ceiling Windows & Large Deep Balcony, Modern Kitchen & Bathroom, Bedroom With Large Window & Large Closet, Separate Den For Home Office, Close Proximity To UofT, Ryerson, Eaton Centre, Hospitals & Financial District, Steps To College Subway Station. (Photos Taken Before Tenanted).

    ExtrasAll Existing Appliances: Aeg Stove Cooktop, Aeg Oven, Intergrated Blomberg Fridge, B/I Dishwasher, Range Hood, Microwave, Stackable Washer/Dryer, All Existing Light Fixtures, And Existing Window Coverings.

    re/max realtron realty inc.MLS® #C11905294

    Amenities

    Visitor Parking
    Party Room
    Sauna
    Guest Suites
    Games Room
    BBQs Allowed

    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

    Karma Condos vs The Bay Street Corridor Area

    Building Trends At Karma Condos

    Days on Strata

    Units at Karma Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    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
    6.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    104
    Units were Rented over the past twelve months

    Best Value Rank

    Karma Condos offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Karma Condos has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Karma Condos yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Karma Condos is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 15 Grenville Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$385,000 - $438,000$655,000 - $690,000$685,000 - $760,000$830,000 - $988,888$1,170,000 - $1,250,000
    Avg. Cost Per Sqft$1,283$1,265$1,389$1,366$1,447
    Avg. Wait for Unit Availability197 Days43 Days52 Days62 Days204 Days
    Ratio of Units in Building10%35%29%21%7%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor