3305 - 38 Elm Street

Welcome to your new home at 38 Elm Street, Toronto, where luxury meets affordability! This stunning condo for sale in Toronto is a bright and spacious sub-penthouse suite located in the highly sought-after Bay Street Corridor. Priced at just $670 per month, this gem offers unbeatable value, with all utilities included, making it a fantastic option for those looking to enjoy downtown living without breaking the bank.

As you step into this delightful one-bedroom, one-bathroom apartment, you'll immediately notice the abundance of natural light flooding through the large windows, showcasing spectacular skyline views that truly capture the essence of downtown Toronto. The layout is thoughtfully designed, providing a comfortable living space that spans 608 square feet. This condo for sale in Toronto is perfect for first-time buyers or savvy investors seeking a property with strong rental appeal.

The kitchen is a flat-style design, equipped with updated appliances from 2018, including a cooktop, oven, microwave, dishwasher, and fridge, along with a full-size washer and dryer. Whether you're whipping up a quick breakfast or hosting a dinner party, you'll find everything you need right at your fingertips. Although there is no additional kitchen or den, the open layout ensures that you have plenty of room to entertain guests or simply relax after a long day.

While this condo for sale in Toronto does not feature a pool or a fireplace, it more than makes up for it with its resort-style amenities. Residents can enjoy access to a well-equipped gym, an indoor pool, and a stunning rooftop deck and garden, perfect for unwinding while taking in the breathtaking views of the city. Plus, with a 24-hour concierge service, you'll have peace of mind knowing that help is always just a call away.

Situated in a prime location, 38 Elm Street, Toronto, places you just steps away from Allan Gardens, Grange Park, the University of Toronto, and Toronto Metropolitan University. You'll also find an array of fine dining options and boutique shops right at your doorstep. The convenience of the TTC nearby makes commuting a breeze, allowing you to explore all that Toronto has to offer.

This unfurnished condo is ideal for those who wish to personalise their living space, adding their own touch to create a home that reflects their style. With central air conditioning and forced air heating, you'll be comfortable all year round, no matter the weather outside. Although there is no central vacuum system, the simplicity of the space makes it easy to maintain.

For those concerned about parking, this condo for sale in Toronto offers underground garage space, ensuring your vehicle is safe and secure. While there are no additional land or parking spaces included, the central location means you may find that you won't need a car at all. The vibrant community surrounding 38 Elm Street, Toronto, provides everything you could possibly need within walking distance.

In summary, this condo for sale in Toronto at 38 Elm Street is a fantastic opportunity for anyone looking to embrace the downtown lifestyle without the hefty price tag. With its spacious layout, modern amenities, and unbeatable location, this suite is ready for you to make it your own. Come for the view, stay for the value—secure your downtown lifestyle now! Don't miss out on this incredible chance to own a piece of Toronto's vibrant community.

The Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and bustling geographic entity characterised by its striking skyline and dynamic urban landscape. This area serves as a financial hub, home to numerous corporate offices, banks, and professional services, making it a prime location for those seeking career opportunities. The corridor is also enriched by a diverse array of cultural attractions, including theatres, galleries, and fine dining establishments, offering residents a lively social scene. With its proximity to major transit routes, lush parks, and a variety of shopping options, the Bay Street Corridor provides a convenient and exciting urban lifestyle, appealing to both professionals and those who appreciate the vibrancy of city living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Orde Street Public School, just 0.7 km away, offering grades JK to 8 with a solid school rating of 7.1. For older students, Jarvis Collegiate Institute is located 1.1 km from the property, providing education for grades 9 to 12, although it has a lower rating of 5.9. Additionally, Lord Lansdowne Junior Public School, 1.5 km away, offers French language instruction for grades JK to 8, but currently holds a rating of 0. For those seeking a Catholic education, Our Lady of Lourdes Catholic School is 1.2 km away, serving grades JK to 8 with a rating of 5.5, while St. Joseph's College School, located 0.9 km from the property, caters to grades 9 to 12 and boasts a commendable rating of 7.6. Lastly, St. Mary Catholic School, situated 2.1 km away, offers French instruction for younger grades (JK to 4) with a rating of 5.7. Overall, the area provides a diverse range of educational options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, 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 identifies as single. The average age is relatively young at 32.1 years, and the average household income stands at $81,400, though a significant portion, 25.5%, falls below the low-income threshold. The housing market is characterized by high rental rates, with 84.26% of residents renting, and a remarkable 97.46% living in condominiums. Families with children make up 26.09% of households, while a notable 38.2% of the population consists of immigrants, contributing to the area's cultural diversity. Educational attainment is high, with 89.12% of residents having completed college or university. However, 18.71% of the population is not actively participating in the labor force, which may reflect a variety of socio-economic factors. Overall, this community presents a unique blend of youthful energy, educational attainment, and diverse backgrounds, making it an intriguing area for potential residents and investors alike.