2010-37 Grosvenor Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13554056

$499,800
For Sale
Listed 10 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome To The Murano North Tower, Located At Bay/College In The Heart Of Downtown. This Spacious 1+Den Unit Offers a Bright and Cozy Living, Enhanced by Floor-to-Ceiling Windows That Flood the Space With Natural Light. Wood Flooring Throughout. The Modern Kitchen Features Sleek Stainless Steel Appliances and Granite Countertops. The Spacious Den is Perfect For a Home Office or Easily Converted Into a Second Bedroom. Live In The Heart Of This Amazing Tower With An Abundance Of Amenities, Including Indoor Pool With A Glass-Enclosed Roof, Fitness Centre, Rooftop Terrace & Running Track, Party And Media Rooms, Yoga/Dancing Room, Patio With BBQs, And Guest Suites. Unbeatable Location Just Steps to Subway, U of T, Toronto Metropolitan University, Hospital, Cafe & Restaurants. Perfect For A Student Who Can Easily Walk To School, Or The Young Professionals Who Love Being Close To Work And City Life! One Locker Included!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13554056
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Bay/Grosvenor
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$537/mo
Exposure
South
Property tax
$3,220 / 2025
Days on market
10
Listing brokerage
VERTICAL MARKETING REALTY

Rooms

Dining RoomGround6.43 × 3.38 m

wood · combined w/dining

Living RoomGround6.43 × 3.38 m

wood · combined w/living

Primary BedroomGround3.17 × 2.74 m

wood · closet · window

KitchenGround6.43 × 3.38 m

wood · granite counters · combined w/dining

DenGround2.84 × 2.53 m

Wood

Moe’s TakeTeam Asgarian · Broker
Below comparables
$561Kest. value

Listed at $499,800, this home is about 11% below comparable homes, worth a close look. 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 34 days.

Based on 75 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 75 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $542K, 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, sold for $565K
  • Adjusts to $565K

That comparable adjusts to $565K; the $561K estimate above is the median of all 75 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.

List price
$500KGreat deal$644KOverpriced

Total price vs nearby homes. Fair value about $561K, median of 75 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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
$525kavg asking

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

306-24 Wellesley Street$500k1501-111 Elizabeth Street$495k1916-1055 Bay Street$520k2101-1001 Bay Street$539k3102-38 Grenville Street$569k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home500k495k520k539k569kThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $598K
$770this home / sqft
65active listings nearby
10days on market
100sold nearby · 90 days
$630Kmedian sold price
96%of asking, on average

This home lists 20% below the area average of $963/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.

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
$760K
Waterfront Communities C1
$593K
Niagara
$553K

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
$2,278/mo
$109KIncome needed
4.6×Price ÷ income
$526Weekly 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.

74%mortgage
Mortgage $2,278Property tax $268Condo fee $537Total carry $3,083

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)
$2,134per month

Mortgage amount $399,840 · 4.14% over 25 years

$99,960Down payment (20.0%)
$399,840Loan before insurance
$0CMHC premium
$2,939Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$268
Condo / maintenance fees
$537
Heating
$0
Estimated monthly cost
$2,939

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

One-time closing costs

Ontario land transfer tax
$6,471
Toronto municipal land transfer tax
$6,471
Estimated closing costs
$12,942

Plus your down payment of $99,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,268Total interest paid
$640,108Total of all payments
Principal $399,840 Interest $240,268
YearPrincipalInterestBalance
1$9,367$16,237$390,473
2$9,759$15,846$380,714
3$10,167$15,437$370,548
4$10,592$15,012$359,955
5$11,035$14,569$348,920
6$11,497$14,108$337,424
7$11,978$13,627$325,446
8$12,479$13,126$312,967
9$13,001$12,604$299,967
10$13,544$12,060$286,422
11$14,111$11,493$272,311
12$14,701$10,903$257,610
13$15,316$10,288$242,294
14$15,957$9,648$226,337
15$16,624$8,980$209,713
16$17,320$8,285$192,393
17$18,044$7,560$174,349
18$18,799$6,806$155,550
19$19,585$6,019$135,965
20$20,404$5,200$115,561
21$21,258$4,346$94,303
22$22,147$3,457$72,156
23$23,073$2,531$49,083
24$24,039$1,566$25,044
25$25,044$560$0

At the end of your 5-year term

Total paid over the term
$128,022
Principal paid down
$50,920
Interest paid
$77,102
Balance remaining
$348,920

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
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.

4.9%
Gross yield
− Property tax $3,220− Condo fees $6,442− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,632

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

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