2710 - 38 Elm Street

Welcome to the prestigious Minto Plaza, located at 38 Elm Street, Toronto, where urban living meets comfort and convenience. This delightful apartment for sale in Toronto is ideally situated in the vibrant Bay Street Corridor, placing you right in the heart of downtown Toronto. With a prime location just a stone's throw from Dundas Square, the Financial District, esteemed universities, renowned hospitals, and the bustling Eaton Centre, this residence offers unparalleled access to the city’s finest amenities.

As you step into this spacious and sunlit 1-bedroom condo apartment, you will immediately appreciate the thoughtful design and modern touches throughout. The apartment for sale in Toronto boasts a total of four rooms, providing ample space for both relaxation and functionality. The living area is perfect for unwinding after a busy day, while the updated kitchen features sleek granite countertops, stainless steel appliances, and contemporary cabinetry, making it a joy to prepare meals and entertain guests.

The bedroom is a serene retreat, offering a comfortable space to rest, while the bathroom is well-appointed and conveniently located. Although this apartment does not include a den or additional rooms, the layout maximises the available space, ensuring that you have everything you need without feeling cramped. Central air conditioning will keep you cool during the warmer months, and the forced air heating system ensures a cosy atmosphere in the winter.

While the apartment for sale in Toronto does not feature a fireplace or a family room, it compensates with its modern amenities and the vibrant community surrounding it. You will find that the building itself is constructed from durable concrete, providing a solid foundation and a sense of security. The absence of a pool or central vacuum system is easily overlooked when you consider the extensive amenities available to residents.

Minto Plaza offers 24-hour security, ensuring peace of mind for all its residents. You can enjoy a variety of premium facilities, including a recreation room, gym, and sauna, perfect for maintaining an active lifestyle without having to leave the building. Although there is no underground pool or whirlpool, the community atmosphere and the convenience of living in such a prime location more than make up for it.

The apartment is unfurnished, allowing you the freedom to personalise the space to your taste. With one garage space available in the underground parking, you can rest assured that your vehicle will be safe and secure. While there is no additional land or parking space provided, the central location means that public transport and local amenities are just a short walk away.

In summary, this apartment for sale in Toronto at 38 Elm Street, Toronto, is an excellent opportunity for anyone looking to immerse themselves in the dynamic lifestyle of downtown Toronto. With its spacious layout, modern kitchen, and unbeatable location, this residence is perfect for professionals, students, or anyone seeking the vibrant city life that Toronto has to offer.

Don’t miss out on the chance to make this lovely condo your new home. With everything you need right at your doorstep, this apartment for sale in Toronto is a rare find in such a sought-after location. Come and experience the best of urban living at 38 Elm Street, Toronto – where your new life awaits!

Bay Street Corridor is a vibrant and dynamic neighbourhood nestled in the heart of downtown Toronto, characterised by its impressive skyline and bustling atmosphere. This area is renowned for its proximity to a wealth of amenities, including high-end shops, diverse dining options, and cultural attractions such as theatres and galleries. The corridor serves as a major financial hub, housing numerous corporate offices and institutions, making it an ideal location for professionals. With excellent public transport links, residents can easily navigate the city, while the nearby parks and waterfront offer a welcome respite from urban life. Living in the Bay Street Corridor means embracing a fast-paced lifestyle, enriched by the energy and opportunities of one of Canada’s most iconic urban centres.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Orde Street Public School, just 0.7 km away, offering English-language instruction for grades JK to 8, with a respectable rating of 7.1. For older students, Jarvis Collegiate Institute is 1.0 km from the property, providing grades 9 to 12, although it has a lower rating of 5.9. Additionally, Lord Lansdowne Junior Public School, located 1.5 km away, offers French-language education for grades JK to 8, but it currently has no rating available. Our Lady of Lourdes Catholic School, 1.2 km from the property, provides English-language instruction for grades JK to 8 with a rating of 5.5. St. Joseph's College School, a Catholic institution for grades 9 to 12, is 0.9 km away and boasts a strong rating of 7.6. Lastly, St. Mary Catholic School, located 2.2 km away, serves grades JK to 4 in French, with a rating of 5.7. This diverse selection of schools ensures that families have access to quality education options within a short distance from home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small but vibrant community with a population of 1,608 residents. The average household size is 1.7, indicating a predominance of single-person households, as 53.9% of the population is single. The average age is relatively young at 32.1 years, and the average household income stands at $81,400, though 25.5% of residents are classified as low-income. The real estate market is robust, with an average property price of $650,000, and a significant majority of residents, 84.26%, are renters, primarily living in condominiums, which make up 97.46% of the housing stock. Families with children constitute 26.09% of households, while a notable 38.2% of the population are immigrants, contributing to the area's cultural diversity. Education levels are high, with 89.12% of residents holding a college or university degree. However, 18.71% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a unique blend of youthful energy, diversity, and a strong rental market, making it an attractive location for potential residents and investors alike.