3305-7 Grenville Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13526444

$689,000
For Sale
Listed 15 days ago
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Practical 2Bed 2Bath Split Plan Corner Unit, YC (Yonge & College). 665sf + 329sf Balcony, Spectacular 33rd Floor Unobstructed City Views. 9' Ceilings, Floor-To-Ceiling Windows, Modern Open Kitchen with Quartz Counter. Building Not Subject To Rent Control Regulations If Used As a Rental Property. Enjoy top-tier amenities, including a breathtaking 66th floor Infinity Pool w/ view of the cityscape, over 9000sqft of amenities including a state-of-the-art gym, a rooftop patio w/ BBQ, and a stunning party room with a gourmet kitchen, Visitor Parking, 24/7 Security/Concierge. Steps To TTC, Starbucks, Shoppers, Banks, Restaurants, Pubs, College Park; Mins To Loblaws, LCBO, Eaton Centre, Park, Bay St, & Everything. Walk To U of T and TMU (Ryerson). Unit is currently leased, tenants are willing to stay or leave with 60 days notice. 24 hours notice for showings.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13526444
Bedrooms
2
Bathrooms
2
Size
600-699
Cross streets
Yonge/College
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$566/mo
Exposure
North East
Property tax
$3,844 / 2026
Days on market
15
Listing brokerage
WEALTHPOWER REAL ESTATE INC.

Rooms

Primary BedroomFlat3.20 × 2.95 m

laminate · large window · 4 pc ensuite

KitchenFlat3.30 × 2.26 m

laminate · b/i appliances · quartz counter

Bedroom 2Flat2.80 × 2.64 m

laminate · large window · 3 pc ensuite

Dining RoomFlat3.91 × 3.00 m

laminate · combined w/living · open concept

Living RoomFlat3.91 × 3.00 m

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

Moe’s TakeTeam Asgarian · Broker
Above comparables
$632Kest. value

Listed at $689,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $648K, a close match.

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 $569K
  • Bathrooms +$15K
  • Adjusts to $584K

That comparable adjusts to $584K; the $632K estimate above is the median of all 26 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.

On location, this is a very walkable address with everyday errands close by. Carlton Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$535KGreat deal$689KOverpriced

Total price vs nearby homes. Fair value about $632K, median of 26 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$715kavg asking

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

5110-8 WELLESLEY Street$688k3905-5 St. Joseph Street$720k1111-763 Bay Street$688k1716-386 Yonge Street$719k4708-15 Grenville Street$760k

The 5 closest of 8 active listings nearby.

See all comparable homes
689kThis home688k720k688k719k760kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $598K
$1,061this home / sqft
64active listings nearby
15days on market

This home lists 10% above the area average of $963/sqft.

14 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.

Getting around

100/ 100

Walker's ParadiseA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Carlton Street, about 56 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Church-Yonge Corridor
$547K
Annex
$513K
Moss Park
$560K
Waterfront Communities C1
$645K
Waterfront Communities C8
$1.15M

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
$3,140/mo
$144KIncome needed
4.8×Price ÷ income
$725Weekly 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 $3,140Property tax $320Condo fee $566Total carry $4,027

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,941per month

Mortgage amount $551,200 · 4.14% over 25 years

$137,800Down payment (20.0%)
$551,200Loan before insurance
$0CMHC premium
$3,828Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,941
Property tax
$320
Condo / maintenance fees
$566
Heating
$0
Estimated monthly cost
$3,828

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

One-time closing costs

Ontario land transfer tax
$10,255
Toronto municipal land transfer tax
$10,255
Estimated closing costs
$20,510

Plus your down payment of $137,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,573/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

$331,222Total interest paid
$882,422Total of all payments
Principal $551,200 Interest $331,222
YearPrincipalInterestBalance
1$12,913$22,384$538,287
2$13,453$21,844$524,834
3$14,016$21,281$510,819
4$14,602$20,695$496,217
5$15,213$20,084$481,005
6$15,849$19,448$465,156
7$16,512$18,785$448,644
8$17,202$18,094$431,441
9$17,922$17,375$413,519
10$18,672$16,625$394,848
11$19,453$15,844$375,395
12$20,266$15,031$355,129
13$21,114$14,183$334,014
14$21,997$13,300$312,017
15$22,917$12,380$289,100
16$23,876$11,421$265,224
17$24,875$10,422$240,349
18$25,915$9,382$214,434
19$26,999$8,298$187,435
20$28,128$7,168$159,307
21$29,305$5,992$130,001
22$30,531$4,766$99,471
23$31,808$3,489$67,663
24$33,138$2,159$34,524
25$34,524$772$0

At the end of your 5-year term

Total paid over the term
$176,484
Principal paid down
$70,195
Interest paid
$106,289
Balance remaining
$481,005

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$2,050/mo
$24,600Gross annual rent
1.5%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.

3.6%
Gross yield
− Property tax $3,844− Condo fees $6,795− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,655

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

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