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Unit 2208 at Burano Condos

Sold

832 Bay Street 2208, Toronto C01, ON M5S 1Z6

MLS #C12549138

$720,000

Sold on June 29, 2026

June 29, 2026

Originally listed at $798,000 131 days on market

About This Property

Luxury Burano Condo at Bay & College! Large and Spacious 2Bed 2Wash, 816 sqft Corner Unit with South East View. This 2 Bedroom 2 Bathroom Suite Features Designer Kitchen Cabinetry With Stainless Steel Appliances, Granite Counter Tops & An Undermount Sink. Bright Floor-To-Ceiling Wrap Around Windows With Laminate Flooring. Spacious Sized Master Bedroom With A 4-Piece Ensuite. Amenities Include 24Hr Concierge, Guest Suite, Fitness Rm, Party Rm, Outdoor Pool & Sauna. Walking Distance To U of T, Toronto Metropolitan University(Ryerson), Queens' Park, Major Hospitals, Underground Subway, Eaton Centre And Many More.

Investment Analysis

$3,638
Est. Monthly Rent
Based on $4/sqft
5.47%
Gross Yield
Before expenses
4.06%
Net Yield
After expenses
18.3
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($577/mo) and property tax ($4,332/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$939/sqft
Burano Condos
$1,010/sqft-7.1%
Bay Street Corridor
$955/sqft-1.6%
Toronto C01
$883/sqft
Building PSF Range
$765$1,395

Below Market Value

This unit is priced 7.1% below the building average of $1,010/sqft. With a 4.06% 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 850 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

800-899 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2278
MLS Size800-899
Listed OnNov 14, 2025
Maintenance Fees$577/month
Property Tax$4,332/year

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Unit 2208 History

Complete transaction history for this unit

Leased

Leased: Jun 30, 2024

$3,350/mo

7 days on marketLease
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1 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$798,000

Listed on Nov 14, 2025

Sold Price

$720,000

Sold on Jun 29, 2026

-$78,000

-9.8%

131 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 2208 at Burano Condos

Unit 2208 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 800-899 square feet located at Burano Condos, 832 Bay, Toronto C01. This unit is currently sold (sold for $720K).

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 2208 Burano Condos Toronto C01

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