6403-7 Grenville Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13581172

$5,500/mo
For Lease
Listed 1 day ago
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3Bedrooms
3Bathrooms
1Garage
1200-1399Sq Ft

About this home

Luxury Yc Condo Penthouse In The City! One Of A Kind 1339 Sqft 2-Storey Unit With Unobstructed North-West Views. Chefs Dream Kitchen, Upgraded Marble Counters Throughout As Well As High End Appliance Package. Floor To Ceiling Windows Flood This Corner Unit With Natural Light. Spacious Master With Beautiful Views Of The City Large 2nd Bed Plus 1 Enclosed Den Could Be Third Bedroom. 3 Full Bathrooms. 1 Parking Spot And 1 Locker Included.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13581172
Bedrooms
3 (2 + 1)
Bathrooms
3
Size
1200-1399
Cross streets
Yonge/College
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North West
Days on market
1
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

DenMain3.08 × 3.05 m

large window · hardwood floor · sliding doors

Primary BedroomUpper5.16 × 3.95 m

large closet · hardwood floor · 5 pc ensuite

Dining RoomMain4.40 × 4.96 m

combined w/living · hardwood floor · fireplace

KitchenMain1.89 × 4.67 m

b/i appliances · overlooks living · stone counters

Living RoomMain4.40 × 4.96 m

open concept · hardwood floor · large window

BedroomUpper4.54 × 3.58 m

large window · hardwood floor · 4 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$6,076/moest. value

Listed at $5,500/mo, this rental is tracking about 9% below a wider set of rentals, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 74 similar rentals nearby, adjusted for size, beds, and baths.Median of 74 comparable active listings, adjusted for size, beds, and baths.

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 $4,800/mo
  • Bedrooms −$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $4,750/mo

That comparable adjusts to $4,750/mo; the $6,076/mo estimate above is the median of all 74 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$5,500/moBelow market$6,466/moAbove market

Total price vs nearby homes. Fair value about $6,076/mo, median of 74 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
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$4,270avg asking

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

2807-386 Yonge Street$4,7001506-57 St Joseph Street$4,7003403-1001 Bay Street$3,950810-889 Bay Street$4,300608-11 Wellesley Street$3,700

The 5 closest of 8 active listings nearby.

See all comparable homes
5,500This home4,7004,7003,9504,3003,700This home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $3K
74active listings nearby
1days on market

0 days faster than the Toronto average (1 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$3K
Kensington-Chinatown
$3K
Waterfront Communities C1
$3K
Mount Pleasant West
$2K
Willowdale East
$2K

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
$25/mo
$5KIncome needed
1.1×Price ÷ income
$6Weekly 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.

88%mortgage
Mortgage $25Property tax $3Total carry $29

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$23per month

Mortgage amount $4,400 · 4.14% over 25 years

$1,100Down payment (20.0%)
$4,400Loan before insurance
$0CMHC premium
$27Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$23
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27

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

One-time closing costs

Ontario land transfer tax
$28
Toronto municipal land transfer tax
$28
Estimated closing costs
$55

Plus your down payment of $1,100. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$29/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

$2,644Total interest paid
$7,044Total of all payments
Principal $4,400 Interest $2,644
YearPrincipalInterestBalance
1$103$179$4,297
2$107$174$4,190
3$112$170$4,078
4$117$165$3,961
5$121$160$3,840
6$127$155$3,713
7$132$150$3,581
8$137$144$3,444
9$143$139$3,301
10$149$133$3,152
11$155$126$2,997
12$162$120$2,835
13$169$113$2,666
14$176$106$2,491
15$183$99$2,308
16$191$91$2,117
17$199$83$1,919
18$207$75$1,712
19$216$66$1,496
20$225$57$1,272
21$234$48$1,038
22$244$38$794
23$254$28$540
24$265$17$276
25$276$6$0

At the end of your 5-year term

Total paid over the term
$1,409
Principal paid down
$560
Interest paid
$848
Balance remaining
$3,840

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.

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

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