3706-15 Grenville Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13466738

$649,000
For Sale
Listed 34 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Prime Location In The Heart Of Downtown Toronto! Spacious Unit With Unobstructed Views, Modern Open Concept Kitchen, Hardwood Through-Out, Oversized Windows With Lots Of Natural Light, Generous Size Bedroom And Large Balcony Comes Fully Furnished. Walking Distance ToUofT, Ryerson, College Park, Eaton Centre, Financial District! College Subway Station At Doorstep! Surrounded By Countless Restaurants, Stores, Parks, Banks,24 Hr Shoppers And Grocery Stores. City Living At Its Best! All furniture and window coverings included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13466738
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Yonge & College
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$501/mo
Exposure
North
Property tax
$2,969 / 2026
Days on market
34
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

KitchenMain3.46 × 3.22 m

open concept · quartz counter · hardwood floor

Dining RoomMain3.22 × 3.22 m

combined w/living · hardwood floor · open concept

Primary BedroomMain3.43 × 2.77 m

hardwood floor · closet · large window

Our TakeTeam Asgarian · Broker
Above comparables
$490Kest. value

Listed at $649,000, and my independent estimate is about 33% above what comparable homes suggest.

In Bay Street Corridor lately, sellers get about 96% of asking; homes sell in ~33 days.

List price
$440KGreat deal$649KOverpriced

Total price vs nearby homes. Fair value about $490K, median of 11 comparables.

How this estimate is builtthe short version

I take the 11 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $508K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 11 comparable homes nearby.

Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$520kavg asking

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

711-1 King Street$548k2308-57 St Joseph Street$545k3410-70 Temperance Street$510k5205-8 Wellesley Street$500k2509-832 Bay Street$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home548k545k510k500k499kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $490K
$2,601this home / sqft
11active listings nearby
34days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 38% above the area average of $1,881/sqft.

On the market now.

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
$611K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K
Mimico
$524K

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
$2,958/mo
$133KIncome needed
4.9×Price ÷ income
$683Weekly 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.

80%mortgage
Mortgage $2,958Property tax $247Condo fee $501Total carry $3,706

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,519Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$247
Condo / maintenance fees
$501
Heating
$0
Estimated monthly cost
$3,519

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/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

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

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$2,300/mo
$27,600Gross annual rent
2.3%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.

4.3%
Gross yield
− Property tax $2,969− Condo fees $6,009− Insurance $600− Vacancy & upkeep $3,036Net operating income $14,985

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

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