412 - 38 Elm Street

Welcome to the delightful condo for sale in Toronto , located at 38 Elm Street, Toronto. This charming one-bedroom suite, Unit 412 in Minto Plaza, boasts a generous 756 square feet of living space, perfect for those seeking a blend of comfort and convenience. With its coveted south-west exposure, the unit is bathed in natural light, making it a warm and inviting home. The open balcony provides a lovely spot to enjoy your morning coffee or unwind after a long day, all while soaking in the vibrant energy of the Bay Street Corridor.

As you step into this lovely condo for sale in Toronto, you’ll notice the spacious living and dining areas that offer ample room for entertaining or simply relaxing. The layout is thoughtfully designed, featuring a total of four rooms, including a well-appointed kitchen that caters to all your culinary needs. Although there is no additional kitchen or den, the single kitchen is perfectly adequate for whipping up your favourite meals. The suite comes unfurnished, allowing you to personalise the space to reflect your own style and taste.

The bathroom is conveniently located, ensuring easy access from the bedroom and living areas. With one bathroom in the unit, you won’t have to worry about long waits during busy mornings. The central air conditioning keeps the space comfortable year-round, making it a pleasant retreat regardless of the weather outside. While this condo for sale in Toronto does not feature a fireplace, the warmth of the unit is sure to make you feel right at home.

One of the standout features of this property is the underground garage space, providing secure parking for your vehicle. With one designated parking space, you’ll never have to worry about finding a spot on the street. Additionally, the unit includes a locker for extra storage, perfect for stashing away seasonal items or personal belongings. However, it’s worth noting that there are no additional land or basement areas associated with the property.

Living at 38 Elm Street, Toronto, means you’re in the heart of downtown, surrounded by an array of amenities and attractions. The Bay Street Corridor is known for its vibrant atmosphere, and this condo for sale in Toronto places you just steps away from the TTC subway, making commuting a breeze. You’ll find yourself within easy reach of the Eaton Centre, Yonge-Dundas Square, and some of the city’s best dining and entertainment options. The proximity to major hospitals and educational institutions like the University of Toronto and TMU adds to the convenience of this location.

Minto Plaza offers a fantastic lifestyle with 24-hour concierge and security services, ensuring peace of mind for residents. While there is no pool or family room in the unit, the building boasts a range of amenities including an indoor pool, whirlpool, gym, sauna, party rooms, and a rooftop deck/garden. These facilities provide plenty of opportunities for relaxation and socialising without leaving the comfort of your home. The maintenance fees cover heat, hydro, water, and building insurance, making budgeting a little easier.

In summary, if you’re on the lookout for a spacious and well-located condo for sale in Toronto, Unit 412 at 38 Elm Street, Toronto, is an exceptional choice. With its open layout, convenient amenities, and prime location in the bustling Bay Street Corridor, this property presents a standout opportunity for anyone looking to enjoy the best of urban living. Don’t miss your chance to make this lovely condo your new home!

Bay Street Corridor is a vibrant and dynamic neighbourhood nestled in the heart of Toronto, characterised by its striking skyline and bustling urban atmosphere. This area is renowned for its proximity to key financial institutions, making it a hub for professionals and business activities. Residents enjoy a wealth of amenities, including chic restaurants, trendy cafes, and an array of cultural attractions such as theatres and art galleries. The Bay Street Corridor is well-connected by public transport, offering easy access to the rest of the city, while the nearby green spaces provide a welcome respite from the urban hustle. With its blend of modern living and rich cultural offerings, the Bay Street Corridor presents an enticing option for those seeking a lively city lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 2.2 km radius, you'll find a mix of public and Catholic schools catering to various educational needs. The closest is Orde Street Public School, just 0.7 km away, offering English instruction for grades JK to 8, with a school rating of 7.1. Jarvis Collegiate Institute, located 1.0 km away, serves grades 9 to 12 and has a rating of 5.9. For younger students, Lord Lansdowne Junior Public School (1.5 km) offers French instruction but currently has a rating of 0. Our Lady of Lourdes Catholic School (1.2 km) provides English education 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 just 0.9 km away and boasts a higher rating of 7.6. Lastly, St. Mary Catholic School, located 2.2 km away, serves JK to 4 grades with a rating of 5.7. This diverse selection of schools ensures that families can find suitable educational options within close proximity to their new home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 1,608 residents, with an average household size of 1.7 individuals. The community has a youthful demographic, with an average age of 32.1 years. Economic indicators show an average household income of $81,400, although a significant portion, 25.5%, falls under the low-income category. The real estate market reflects an average property price of $650,000, predominantly comprised of condominiums, which make up 97.46% of housing options. The area has a high percentage of renters at 84.26%, indicating a strong rental market. Additionally, 53.9% of the population is single, and 26.09% of households include children, suggesting a mix of family structures. The community is notably diverse, with 38.2% of residents being immigrants, and a high educational attainment level, as 89.12% hold a college or university degree. However, 18.71% of the population is not actively participating in the labor force, which may reflect various socio-economic factors influencing the area. Overall, this demographic snapshot highlights a vibrant, educated, and diverse community with a significant rental market and a youthful population.