5004-15 Grenville Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13826932

$1,088,000
For Sale
Listed 24 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Soaring High On The 54th Floor (Just Below The Penthouse!), This Rarely Offered Corner Suite Delivers Unmatched, Unobstructed Panoramic Views Of The City Skyline, The...
  • Features A Smart Split-Bedroom Layout, 9-Ft Smooth Ceilings, Sleek Built-In Kitchen, 2 Full Baths, And A Versatile Den Ideal For WFH.
  • Unbeatable Yonge & College Location Steps To Subway, Hospitals, U of T Campus, Dining & Shopping.

Soaring High On The 54th Floor (Just Below The Penthouse!), This Rarely Offered Corner Suite Delivers Unmatched, Unobstructed Panoramic Views Of The City Skyline, The Iconic CN Tower, And Lake Ontario. Sun-Drenched Floor-To-Ceiling Windows Showcase Sweeping Horizons By Day And Sparkling City Lights By Night. Features A Smart Split-Bedroom Layout, 9-Ft Smooth Ceilings, Sleek Built-In Kitchen, 2 Full Baths, And A Versatile Den Ideal For WFH. Relax Above The Clouds On Your Private Open Balcony High Above The City. Includes Owned Parking & Locker. Unbeatable Yonge & College Location Steps To Subway, Hospitals, U of T Campus, Dining & Shopping. Set Within A Well-Managed Building With Premium Amenities. A Sub-Penthouse Jewel & A True Standout For Discerning Downtown Buyers!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13826932
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge & College
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$932/mo
Exposure
West
Property tax
$5,628 / 2026
Days on market
24
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Primary BedroomMain3.87 × 4.05 m

hardwood floor · closet · window floor to ceiling

Bedroom 2Main2.72 × 2.58 m

hardwood floor · closet · window floor to ceiling

Living RoomMain3.55 × 3.26 m

hardwood floor · combined w/kitchen · window floor to ceiling

FoyerMain2.24 × 3.21 m

closet · combined w/laundry

OfficeMain1.58 × 2.36 m

Hardwood Floor

KitchenMain3.41 × 3.49 m

granite counters · modern kitchen · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.05Mlikely sale price

Listed at $1,088,000. Going by how homes in Bay Street Corridor have actually closed against their asking prices (about 97%, 105 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $994K to $1.14M.

Independent value check: $874K. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $813K and $919K).

Why $874K. The typical condo sold in Bay Street Corridor over the past year went for about $594K (447 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,628 a year; the typical home sold here pays about $3,600.
  • ▲ Raises it strongly2+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
List price
$994KBelow recent closings$1.14MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 105 recent closings in this pocket.

The market behind the math:

105sold nearby · 90 days
$533Kmedian sold price
96%of asking, on average
−22%prices vs a year ago
~29 dayshomes like this take to sell
24days on market so far
$3,565/moest. rent · 13 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 45 condo apartment homes for sale in the area against 105 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,281/sqft against an area asking average of $889/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 105 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $838K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 homes sold in this building over the past 14 months, from 500 closings in Bay Street Corridor.

What sellers nearby are askingCurrently listed nearby in Bay Street Corridor · asking prices
$872kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $874K, which is where my estimate comes from.

Per square foot, these ask about $959/sqft; this home lists at $1,281/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.09MThis home889k938k925k849k759kThis home vs active comparables

Sold price trend

Median sold price for condos in Bay Street Corridor: $530K in September 2026, down 13% from a year ago, on 436 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$720K29
November 2025$587K33
December 2025$569K18
January 2026$632K21
February 2026$550K23
March 2026$570K39
April 2026$610K48
May 2026$645K52
June 2026$645K47
July 2026$548K60
August 2026$515K33
September 2026$530K33

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.

North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Moss Park
$549K
Waterfront Communities C8
$554K

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
Also nearby: 12 more schools within 2.5 km
Native Learning Centre · Public secondary0.4 km
St Joseph's College School · Catholic secondary0.4 km · 76% at standard
Jarvis Collegiate Institute · Public secondary0.7 km · 57% at standard
Orde Street Public School · Public elementary0.7 km · 76% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.9 km
St Michael's Choir (Sr) School · Catholic secondary0.9 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary0.9 km · 98% at standard
Contact Alternative School School · Public secondary1.0 km
Msgr Fraser College (Isabella Campus) · Catholic secondary1.1 km
Heydon Park Secondary School · Public secondary1.1 km · 8% at standard
Subway Academy II · Public secondary1.1 km
Winchester Junior and Senior Public School · Public elementary1.1 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,959/mo
$225KIncome needed
4.8×Price ÷ income
$1,144Weekly cost
$36,470Land transfer tax, one-time (Ontario + Toronto)
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 $4,959Property tax $469Condo fee $932Total carry $6,359

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,813per month

Mortgage amount $870,400 · 4.49% over 25 years

$217,600Down payment (20.0%)
$870,400Loan before insurance
$0CMHC premium
$6,214Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,813
Property tax
$469
Condo / maintenance fees
$932
Heating
$0
Estimated monthly cost
$6,214

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

One-time closing costs

Ontario land transfer tax
$18,235
Toronto municipal land transfer tax
$18,235
Estimated closing costs
$36,470

Plus your down payment of $217,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,825/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

$573,377Total interest paid
$1,443,777Total of all payments
Principal $870,400 Interest $573,377
YearPrincipalInterestBalance
1$19,424$38,327$850,976
2$20,306$37,446$830,671
3$21,227$36,524$809,443
4$22,191$35,560$787,252
5$23,199$34,552$764,053
6$24,252$33,499$739,801
7$25,353$32,398$714,448
8$26,504$31,247$687,943
9$27,708$30,043$660,235
10$28,966$28,785$631,269
11$30,281$27,470$600,988
12$31,656$26,095$569,332
13$33,093$24,658$536,239
14$34,596$23,155$501,643
15$36,167$21,584$465,476
16$37,809$19,942$427,668
17$39,525$18,226$388,142
18$41,320$16,431$346,822
19$43,196$14,555$303,626
20$45,157$12,594$258,469
21$47,208$10,543$211,261
22$49,351$8,400$161,910
23$51,592$6,159$110,318
24$53,934$3,817$56,383
25$56,383$1,368$0

At the end of your 5-year term

Total paid over the term
$288,755
Principal paid down
$106,347
Interest paid
$182,409
Balance remaining
$764,053

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
From 13 whole-home leases in Bay Street Corridor$3,565/mo
$42,780Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,003 to $3,743Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 13 whole-home leases in Bay Street Corridor signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,565. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.9%
Gross yield
− Property tax $5,628− Condo fees $11,181− Insurance $600− Vacancy & upkeep $4,706Net operating income $20,666

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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