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Unit 208 at Burano Condos

Sold

832 Bay Street 208, Toronto C01, ON M5S 1Z6

MLS #C12114806

$600,000

Sold on June 1, 2025

June 1, 2025

Originally listed at $625,000 6 days on market

About This Property

Fabulous Location and Building Feature, Walking Distance to U of T, Hospitals, Queens Park, Subway, Shopping and Entertainment, East Facing 732 Sqft Huge One Bedroom, 10 ft High Ceiling and SOHO Style Huge Windows. Amenity; Roof Deck, Outdoor pool, whirlpool, gym, billiard room, Theater, party room, meeting room, lounge

Investment Analysis

$3,210
Est. Monthly Rent
Based on $4/sqft
6.16%
Gross Yield
Before expenses
4.49%
Net Yield
After expenses
16.2
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($574/mo) and property tax ($3,541/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$833/sqft
Burano Condos
$1,010/sqft-17.6%
Bay Street Corridor
$979/sqft-14.9%
Toronto C01
$883/sqft
Building PSF Range
$765$1,395

Below Market Value

This unit is priced 17.6% below the building average of $1,010/sqft. With a 4.49% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 19 sales and 237 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2278
MLS Size700-799
Listed OnApr 30, 2025
Maintenance Fees$574/month
Property Tax$3,541/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)5.5 x 5.518.0 x 18.0-
Living Room(Flat)5.5 x 5.518.0 x 18.0-
Dining Room(Flat)5.5 x 5.518.0 x 18.0-
Dining Room(Flat)5.5 x 5.518.0 x 18.0-
Kitchen(Flat)4.3 x 214.1 x 6.6-
Kitchen(Flat)4.3 x 214.1 x 6.6-
Primary Bedroom(Flat)4.1 x 3.113.5 x 10.2-
Primary Bedroom(Flat)4.1 x 3.113.5 x 10.2-

Room Dimensions Available

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Unit 208 History

Complete transaction history for this unit

Expired

Listed: Jan 2, 2025

$2,350/mo

117 days on marketLease
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5 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$625,000

Listed on Apr 30, 2025

Sold Price

$600,000

Sold on Jun 1, 2025

-$25,000

-4.0%

6 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameBurano Condos
Address832 Bay, Toronto C01
Parking Type

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About Unit 208 at Burano Condos

Unit 208 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 700-799 square feet located at Burano Condos, 832 Bay, Toronto C01. This unit is currently sold (sold for $600K).

About Burano Condos

Burano Condos is located at 832 Bay, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Bay Street Corridor Neighbourhood

This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Burano Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 208 Burano Condos Toronto C01

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