#1911 - 750 Bay Street

Welcome to the remarkable condo for sale in Toronto , located at 750 Bay Street, Toronto. This exceptional property, Suite 1911 at The Penrose, presents a rare opportunity to reside in the vibrant heart of downtown Toronto. With its prime location in the Bay Street Corridor, this condo is ideal for both families and professionals seeking a dynamic urban lifestyle.

This spacious apartment boasts a generous layout, offering nearly 1000 square feet of move-in-ready living space. The suite features two well-appointed bedrooms, complemented by a den that functions effectively as a third bedroom, complete with its own closet. The east-facing terrace invites beautiful morning light into the home, enhancing the bright and airy atmosphere throughout the day. The smart design of this condo for sale in Toronto ensures that every inch is utilised efficiently, making it a perfect choice for those who appreciate both comfort and functionality.

The updated kitchen is a highlight of the property, showcasing elegant granite countertops and modern stainless steel appliances. It is bathed in natural light, making it a delightful space for culinary endeavours. The kitchen is situated on the ground level, providing easy access for both cooking and entertaining. With two full bathrooms, this condo offers convenience and privacy for its residents, making it an excellent option for families or those who frequently host guests.

In total, the suite comprises five rooms, including the den, and offers a versatile living environment that can adapt to your needs. The open-plan living and dining areas create a welcoming space for gatherings, while the den can serve as a quiet home office or an additional bedroom. The absence of a family room is offset by the spaciousness of the main living areas, allowing for a comfortable and flexible lifestyle.

The condo for sale in Toronto is unfurnished, providing you with the opportunity to personalise the space to your taste. Central air conditioning ensures that the apartment remains comfortable throughout the year, while the forced air heating system provides warmth during the colder months. Although there is no fireplace, the modern amenities and thoughtful design more than compensate, creating a cosy environment.

One of the notable features of this property is the underground garage space, which accommodates one vehicle, along with an additional parking space. This is particularly advantageous in a bustling area like downtown Toronto, where parking can often be a challenge. The building itself is well-maintained and offers a range of premium amenities, including a 24-hour concierge service, ensuring that residents have access to assistance whenever needed.

While this condo does not include a pool, the proximity to various recreational facilities and parks in the Bay Street Corridor allows for outdoor activities and leisure pursuits. The lack of a central vacuum system is a minor consideration, as the layout and design of the apartment make cleaning manageable. Furthermore, the absence of additional land or a basement means that maintenance is straightforward, allowing you to enjoy your new home without the burden of extensive upkeep.

Situated within an excellent school catchment area, this condo for sale in Toronto is an ideal choice for families with children. The location at 750 Bay Street, Toronto, places you just steps away from the University of Toronto, top hospitals, and the Financial District. The Eaton Centre and TTC access are also conveniently close, making it easy to explore all that the city has to offer.

In summary, Suite 1911 at The Penrose is a beautifully designed condo for sale in Toronto that combines comfort, style, and convenience. With its bright interiors, spacious layout, and prime location, this property is ready for you to move in and make it your own. Don’t miss this opportunity to secure a home in one of Toronto's most sought-after areas!

The Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and bustling urban enclave characterised by its striking skyline and a rich tapestry of cultural and commercial offerings. This dynamic area is renowned for its proximity to the financial district, making it a hub for professionals and businesses alike. Residents can enjoy a plethora of amenities, including upscale dining, trendy cafes, and boutique shops, all within walking distance. The neighbourhood also boasts excellent public transport links, providing easy access to the rest of the city. With its blend of modern high-rises and historic architecture, the Bay Street Corridor presents an enticing urban lifestyle for those seeking the excitement of city living.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within just 0.5 km, you'll find Orde Street Public School, an English-language elementary school catering to grades JK to 8, with a solid rating of 7.1. Just a short distance away at 1.0 km is Jarvis Collegiate Institute, offering grades 9 to 12, though it has a lower rating of 5.9. For younger children, Lord Lansdowne Junior Public School, located 1.3 km away, provides French-language education for grades JK to 8, but currently has no rating available. Our Lady of Lourdes Catholic School, 1.1 km from the property, is another option for elementary education in English, rated at 5.5. For high school students, St. Joseph's College School, situated 0.6 km away, offers grades 9 to 12 with a commendable rating of 7.6. Lastly, St. Mary Catholic School, located 2.2 km away, serves grades JK to 4 in French and has a rating of 5.7. Overall, this area boasts a diverse selection of educational institutions, ensuring quality options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,177 residents, characterized by an average household size of 1.7 individuals. The demographic is relatively young, with an average age of 32.6 years. The average household income stands at $82,400, although a notable 26.8% of the population is classified as low-income. The housing market reflects a high average price of $745,000, with 100% of the residences being condominiums. A significant portion of the community is single, comprising 62.5% of the population, while households with children make up approximately 30.95%. The area is also diverse, with 34.96% of residents being immigrants. Renters dominate the housing landscape, accounting for 64.34% of the population. Education levels are high, with 78.8% of residents holding a college or university degree. However, a substantial 35.02% of the population is not participating in the labor force, indicating potential challenges in employment opportunities. Overall, this vibrant community showcases a mix of youthful energy, diversity, and a significant rental market, making it an attractive area for potential buyers and investors.