3301-38 Grenville Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13552858

$799,000
For Sale
Listed 10 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

This Luxury Property Is Located In The Sought-after College Park District. This Thoughtfully Laid-out Condo Features Two Bedrooms and Two Full Bathrooms, 9 Feet High Ceiling, Rarelly Find Accompanied By Three Private Storage Lockers Plus A Private Underground Parking . Nestled Within Easy Walking Distance of The University of Toronto, This Prime Residence Enjoys Unrivaled Proximity To Top-Tier Academic Institutions, Comprehensive Transit Links And Convenient Local Amenities. It Serves As a Fantastic Option For Personal Occupancy or Promising Investment.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13552858
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
College/ Bay
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$832/mo
Exposure
North West
Property tax
$4,251 / 2026
Days on market
10
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenFlat2.40 × 2.30 m

modern kitchen · ceramic floor

Living RoomFlat5.62 × 3.10 m

combined w/dining · w/o to balcony

Bedroom 2Flat3.56 × 2.73 m
Dining RoomFlat5.62 × 3.10 m

Combined w/Living

Primary BedroomFlat4.11 × 2.74 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$658Kest. value

Listed at $799,000, this home is about 21% 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 32 days.

Based on 96 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 96 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $747K, 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, sold for $510K
  • Bathrooms +$15K
  • Adjusts to $525K

That comparable adjusts to $525K; the $658K estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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. Grosvenor Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$609KGreat deal$799KOverpriced

Total price vs nearby homes. Fair value about $658K, median of 96 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$772kavg asking

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

2609-15 Grenville Street$780k2501-21 Balmuto Street$779k1801-21 Balmuto Street$770k909-15 Grenville Street$769k4708-15 Grenville Street$760k

The 5 closest of 8 active listings nearby.

See all comparable homes
799kThis home780k779k770k769k760kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $589K
$1,066this home / sqft
65active listings nearby
10days on market
100sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average

This home lists 11% above the area average of $958/sqft.

9 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: Grosvenor Street, about 59 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
$556K
Annex
$513K
Waterfront Communities C1
$653K
Waterfront Communities C8
$830K
Niagara
$740K

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 · 0.6 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$3,642/mo
$169KIncome needed
4.7×Price ÷ income
$840Weekly 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.

75%mortgage
Mortgage $3,642Property tax $354Condo fee $832Total carry $4,827

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,411per month

Mortgage amount $639,200 · 4.14% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$4,597Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,411
Property tax
$354
Condo / maintenance fees
$832
Heating
$0
Estimated monthly cost
$4,597

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,143/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

$384,103Total interest paid
$1,023,303Total of all payments
Principal $639,200 Interest $384,103
YearPrincipalInterestBalance
1$14,974$25,958$624,226
2$15,601$25,332$608,625
3$16,253$24,679$592,372
4$16,933$23,999$575,439
5$17,641$23,291$557,798
6$18,379$22,553$539,419
7$19,148$21,784$520,271
8$19,949$20,983$500,322
9$20,783$20,149$479,538
10$21,653$19,279$457,886
11$22,558$18,374$435,327
12$23,502$17,430$411,825
13$24,485$16,447$387,340
14$25,509$15,423$361,831
15$26,576$14,356$335,255
16$27,688$13,244$307,567
17$28,846$12,086$278,721
18$30,053$10,880$248,669
19$31,310$9,623$217,359
20$32,619$8,313$184,740
21$33,984$6,948$150,756
22$35,405$5,527$115,351
23$36,886$4,046$78,465
24$38,429$2,503$40,036
25$40,036$896$0

At the end of your 5-year term

Total paid over the term
$204,661
Principal paid down
$81,402
Interest paid
$123,258
Balance remaining
$557,798

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$2,400/mo
$28,800Gross 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.

3.6%
Gross yield
− Property tax $4,251− Condo fees $9,979− Insurance $600− Vacancy & upkeep $3,168Net operating income $10,802

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

CallRequest a showing