6113-7 Grenville Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13101620

$1,230,000
For Sale
Listed 75 days ago
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Leased to AAA+ Tenant! Great Turnkey Investment with Immediate Cash Flow and Zero Vacancy. Elevate Your Lifestyle by Living in a Penthouse Offering Breathtaking Unobstructed Views of The City, Lake, & CN Tower From an Extended Wrap-Around Private Balcony. A True Landmark Designed by World-Renowned Burdifilek, Totalling 1,244 Sq Ft of Living Space Including 219 Sq Ft of Balcony, Features Convenient High Speed Elevators, Soaring 10 Ft Ceilings, Floor to Ceiling Windows, Premium Finishes and Upgraded Wide-Plank Wood Flooring. The Gourmet Kitchen Boasts Contemporary Panel Doors, Sleek Quartz Island, and Integrated Appliances. Spacious Living Area Anchored by Fireplace, & Step out to the Oversized Balcony for Morning Coffee or Sunset Cocktails. Enjoy Your Meal in the Dining Area Framed by Glass Windows with an Iconic Backdrop. The Primary Bedroom with A Spa Like 5 Piece Ensuite Offers a Deep Soaker Tub, Double Sinks, and a Separate Shower Stall with Frameless Glass Door and Elegant Tiling. Bright and Spacious Second Bedroom with Mirror Closet. Enjoy Resort Style Amenities Over 3 Floors. The Famous "Aqua 66" Infinity Pool, Sky Lounge with Panoramic Vistas, State of the Art Fitness Centre, Yoga/Aerobics Room, Game Room, Bar, and Dining/Party Room with Catering Kitchen, Visitor Parking, Car Sharing and 24Hr Concierge. A Walker's, Rider's and Biker's Paradise (Walk Score: 100) Just Steps To The Subway, U Of T, TMU, OCAT, Financial District, Hospitals, and The Eaton Centre, Restaurants, Theatre & Much More.....

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13101620
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Yonge St & College St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$905/mo
Exposure
West
Property tax
$7,767 / 2025
Days on market
75
Listing brokerage
PRIME ONE REALTY INC.

Rooms

Bedroom 2Flat2.83 × 3.05 m

window floor to ceiling · large closet · laminate

KitchenFlat5.06 × 6.07 m

modern kitchen · combined w/dining · centre island

Dining RoomFlat5.06 × 6.07 m

open concept · window floor to ceiling · combined w/living

Primary BedroomFlat3.32 × 3.44 m

5 pc ensuite · w/o to balcony · walk-in closet(s)

Living RoomFlat5.06 × 6.07 m

fireplace · combined w/dining · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.03Mest. value

Listed at $1,230,000, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Bay Street Corridor lately, sellers have been getting about 96% of asking and homes sell in about 35 days.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.25M, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $689K
  • Adjusts to $689K

That comparable adjusts to $689K; the $1.03M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$817KGreat deal$1.23MOverpriced

Total price vs nearby homes. Fair value about $1.03M, median of 7 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$879kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

5907-388 Yonge Street$1.35M411-38 Elm Street$689k3307-1001 Bay Street$599k

The 3 closest active listings nearby.

See all comparable homes
1.23MThis home1.35M689k599kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $998K
$1,119this home / sqft
16active listings nearby
75days on market
100sold nearby · 90 days
$618Kmedian sold price
96%of asking, on average

This home lists 16% above the area average of $963/sqft.

74 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bay Street Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$561K
Moss Park
$519K
Waterfront Communities C8
$700K
Waterfront Communities C1
$593K
Mimico
$598K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$5,606/mo
$255KIncome needed
4.8×Price ÷ income
$1,294Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $5,606Property tax $647Condo fee $905Total carry $7,158

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,251per month

Mortgage amount $984,000 · 4.14% over 25 years

$246,000Down payment (20.0%)
$984,000Loan before insurance
$0CMHC premium
$6,803Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,251
Property tax
$647
Condo / maintenance fees
$905
Heating
$0
Estimated monthly cost
$6,803

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,075
Toronto municipal land transfer tax
$21,075
Estimated closing costs
$42,150

Plus your down payment of $246,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,378/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$591,297Total interest paid
$1,575,297Total of all payments
Principal $984,000 Interest $591,297
YearPrincipalInterestBalance
1$23,052$39,960$960,948
2$24,016$38,996$936,932
3$25,020$37,991$911,912
4$26,067$36,945$885,845
5$27,157$35,854$858,687
6$28,293$34,719$830,394
7$29,477$33,535$800,917
8$30,710$32,302$770,207
9$31,994$31,018$738,213
10$33,333$29,679$704,880
11$34,727$28,285$670,154
12$36,179$26,832$633,974
13$37,693$25,319$596,281
14$39,269$23,742$557,012
15$40,912$22,100$516,100
16$42,623$20,389$473,477
17$44,406$18,606$429,070
18$46,264$16,748$382,807
19$48,199$14,813$334,608
20$50,215$12,797$284,393
21$52,315$10,697$232,078
22$54,503$8,508$177,575
23$56,783$6,229$120,791
24$59,158$3,853$61,633
25$61,633$1,379$0

At the end of your 5-year term

Total paid over the term
$315,059
Principal paid down
$125,313
Interest paid
$189,747
Balance remaining
$858,687

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
1.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.3%
Gross yield
− Property tax $7,767− Condo fees $10,858− Insurance $600− Vacancy & upkeep $4,488Net operating income $17,087

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PRIME ONE REALTY INC.. MLS®/PropTx.

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