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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Bay Street Corridor
  • 38 Elm Street
38-elm-street-toronto-ontario-c12320980
38-elm-street-toronto-ontario-c12320980
38-elm-street-toronto-ontario-c12320980
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  • Sold Sold in Aug 2025
  • Condo Apt

1803 - 38 Elm Street

Toronto, Bay Street Corridor
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 660,000
2.22%
Listed Price: $ 675,000
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Key Facts About 1803 - 38 Elm Street, Toronto

  • Tax $3,820 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1206
  • Size 1000 - 1199 feet²
  • Listing # C12320980
  • Data Source PROPTX
  • Days on Market 21
  • Listed On 01/08/2025
  • Updated On 03/11/2025
  • Market Demand
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Description

Urban elegance at its finest in this stunning, 2 BR 2 WR condo located at 38 Elm St in the heart of Toronto's vibrant downtown core. Nestled in one of the city's most established and prestigious neighborhoods, this spacious 1,000+ sq residence in a luxury building offers an unparalleled lifestyle, blending sophisticated living with unmatched convenience. Steps from the iconic Yonge and Dundas intersection, 38 Elm places you at the epicenter of Toronto's dynamic urban scene. This prime location offers immediate access to countless amenities. Wo

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Property Details of 1803 - 38 Elm Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Bay Street Corridor
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc Flat
  • Bathroom Details 1, 3pc Flat
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1000 - 1199 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete

Parking

  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Bay/Dundas

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Our Estimate

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Estimated Rent

$ 3,946

Rental Yield

5.44%

School Score

7.8/10

Rental Score

5/5

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Rooms

Living Room (3.51X6.25 metre)
Level: Flat
Dining Room (3.51X6.25 metre)
Level: Flat
Kitchen (2.38X2.15 metre)
Level: Flat
Primary Bedroom (3.23X4.14 metre)
Level: Flat
Bedroom 2 (3.27X3.42 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,775

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,206
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1803 - 38 Elm Street, Toronto

Welcome to urban elegance at its finest in this stunning condo for sale in Toronto , located at 38 Elm Street, Toronto. This impressive two-bedroom, two-bathroom apartment is situated in the heart of the vibrant Bay Street Corridor, one of the city's most established and prestigious neighbourhoods. With over 1,000 square feet of spacious living, this luxury condo offers a lifestyle that seamlessly blends sophistication with unmatched convenience.

As you step into this remarkable condo for sale in Toronto, you will immediately appreciate the thoughtful design and layout. The building itself is a modern concrete structure, exuding an air of contemporary elegance. The spacious living area is perfect for entertaining guests or simply enjoying a quiet evening at home. Although this apartment is unfurnished, it presents a blank canvas for you to personalise and make your own.

The heart of the home is undoubtedly the flat kitchen, which is well-equipped for all your culinary adventures. While there is no additional kitchen, the main kitchen provides ample space for meal preparation and entertaining. With a total of five rooms, including two generously sized bedrooms, this condo is perfect for individuals, couples, or small families. The primary bedroom boasts an ensuite bathroom and plentiful closet space, ensuring comfort and privacy. The second bedroom can serve multiple purposes, whether as a guest room, a home office, or a children's room, catering to your evolving needs.

Living at 38 Elm Street, Toronto, means you are just steps away from the iconic Yonge and Dundas intersection. This prime location places you at the epicentre of Toronto's dynamic urban scene, providing immediate access to a wealth of amenities. From world-class dining and entertainment options to premier shopping and cultural landmarks, everything you could possibly need is within reach. The convenience of public transport nearby further enhances the appeal of this condo for sale in Toronto, making it ideal for those who thrive on the energy of city life.

One of the standout features of this luxury condo building is the array of premium amenities designed to elevate your lifestyle. Although there is no pool, residents can enjoy a range of other facilities, including a theatre room, a children's playroom, billiards, and ping pong. The expansive terrace offers a perfect spot to unwind and soak in the stunning views of the city skyline. Furthermore, the building provides 24/7 security and concierge services, ensuring peace of mind and convenience for all residents.

While this property does not include a central vacuum system or a family room, it compensates with its thoughtful design and prime location. The central air conditioning system ensures that you remain comfortable throughout the year, while the forced air heating system provides warmth during the colder months. Additionally, you will appreciate the convenience of having one underground parking space, a rare and valuable asset in downtown Toronto, ensuring hassle-free parking in this bustling area.

Step out onto your private balcony to enjoy your morning coffee or take in the breathtaking sunsets that Toronto has to offer. The combination of a prestigious and established neighbourhood, a luxury building packed with amenities, and a prime downtown location makes this condo for sale in Toronto a rare find.

Don’t miss the opportunity to own a piece of Toronto's vibrant heart at 38 Elm Street, Toronto. This is more than just a home; it’s a lifestyle choice that offers both luxury and convenience in one of the city's most sought-after locations. Whether you are looking to invest or find your dream home, this property is sure to impress. Explore the possibilities that await you in this exceptional condo for sale in Toronto!

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 key landmarks, including the financial district, cultural institutions, and a plethora of dining and shopping options. The streets are lined with a mix of modern high-rise condominiums and historic buildings, creating a unique blend of old and new. Residents benefit from excellent public transport links, making it easy to explore the wider city. With its lively urban environment, diverse population, and a strong sense of connectivity, Bay Street Corridor offers an exciting urban lifestyle for those seeking the pulse of city living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Orde Street Public School, just 0.7 km away, which offers elementary education (JK to 8) and has a solid school rating of 7.1. For secondary education, Jarvis Collegiate Institute is 1.0 km from the property, catering to grades 9 to 12, though it has a lower rating of 5.9. Another nearby elementary school is Our Lady of Lourdes Catholic School, located 1.2 km away, which serves grades JK to 8 and has a rating of 5.5. St. Joseph's College School, a Catholic secondary school, is 0.9 km away and boasts a higher rating of 7.6. Additionally, Lord Lansdowne Junior Public School offers French language instruction for elementary grades but currently has no rating available. Lastly, St. Mary Catholic School, located 2.2 km away, provides education in French for younger students (JK to 4) with a rating of 5.7. Overall, the area offers a diverse range of schooling options in both English and French, catering to various educational needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,608 residents, characterized by an average household size of 1.7 individuals. The demographic profile indicates a relatively young community, with an average age of 32.1 years. The average household income stands at $81,400, although a significant portion of the population, 25.5%, falls into the low-income bracket. The real estate market reflects a high demand for housing, with an average property price of $650,000. A notable 53.9% of the population is single, and 26.09% of households include children, suggesting a mix of family dynamics. The area is also diverse, with 38.2% of residents being immigrants. A substantial majority of the population, 84.26%, are renters, indicating a strong rental market, and 97.46% of the housing consists of condominiums. Education levels are high, with 89.12% of residents holding a college or university degree, while 18.71% are not part of the labor force. This demographic snapshot illustrates a vibrant, educated community with a mix of singles, families, and a significant rental market, making it an attractive area for potential homebuyers and investors.

FAQs About 1803 - 38 Elm Street, Toronto

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 1000 - 1199.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 38 Elm Street?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1206.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1803 - 38 Elm Street, Toronto

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Listing History

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