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For Sale
$779,900
Unit 2609
MLS# C1350580215 Grenville Street 2609, Toronto, ON M4Y 0B9
2bed|2bath|750sqft
1parking|1locker
Residential Condo & Other|$799 fees|$4500 tax
58 days on market
Karma Condos Condos in Toronto C01
15 Grenville, Toronto C01
309
Total Units
1
For Sale
1
For Rent
39
Sold
348
Leased
$780K
Avg Price
31
Days (Sale)
22
Days (Lease)
Property Type:
CondoNumber of Units:
309Condo Demand:
HighUnit Availability:
LowNumber of Storeys:
Condo Completion:
Unit Size Range:
0 - 999 SQFTProperty Management:
Pro House Management 416-783-7676Market Overview
For-Sale Inventory
0.3%
Highest Sale (12mo)
$918K
Lowest Sale (12mo)
$430K
Median Maintenance
$548/mo
Year Built
Karma Condos Market
Updated Aug 21, 2026
Condos
Median sale price
$585K
Median PSF (est.)▼ 12.1%
$905/sqft
Sold last 90 days
3
Active listings
1
Months of inventory
1.0
Avg days on market
21
Sale-to-list ratio
97.41%
Absorption rate
100.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 94.00% · End-user: 6.00% (from 3 sales, 47 leases)
Price reductions (90d)
Price-reduction rate: 33.33%
Avg reduction: $99,000 (19.08%)
Monthly reduction trend
2025-07: 50.0% (4 listings) · avg $80,950
2026-05: 33.3% (3 listings) · avg $39,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $905 — +2.14% vs community avg ($886)[premium]
Supply vs demand by unit type (90d)
Sample: 1 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 1 sold · mismatch -33.33%
2br: 1 active / 2 sold · mismatch +33.33%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
studio (4 sales) — 75.00% closed with concessions, avg 6.64% below ask
1br (9 sales) — 55.56% closed with concessions, avg 6.42% below ask
2br (13 sales) — 84.62% closed with concessions, avg 5.26% below ask
3br (4 sales) — 100.00% closed with concessions, avg 3.79% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Nov, May
Historically weakest months: Oct, Dec, Jul
Annual averages: DOM 33.4d · sale-to-list 97.41% (n=30)
Monthly detail
Feb · 2 sales · DOM 28.5d · STL 99.02%
Mar · 2 sales · DOM 38.0d · STL 94.29%
Apr · 2 sales · DOM 18.0d · STL 97.30%
May · 5 sales · DOM 22.6d · STL 99.20%
Jun · 2 sales · DOM 25.5d · STL 106.28%
Jul · 4 sales · DOM 49.5d · STL 98.73%
Aug · 4 sales · DOM 38.8d · STL 97.46%
Oct · 3 sales · DOM 44.0d · STL 97.55%
Nov · 4 sales · DOM 22.0d · STL 93.24%
Dec · 2 sales · DOM 47.5d · STL 91.00%
Market Intelligence
Price per sqft analysis and trends
Karma Condos
Sale PSF
$1200/sqft
32 sales
Lease PSF
$4.68/sqft/mo
253 leases
Bay Street Corridor
Sale PSF
$911/sqft
20 sales
Lease PSF
$4.45/sqft/mo
1 leases
Toronto C01
Sale PSF
$883/sqft
173 sales
Lease PSF
$4.45/sqft/mo
1 leases
Toronto
Sale PSF
$788/sqft
861 sales
Lease PSF
$3.85/sqft/mo
1 leases
Price Per Sqft Trends
Avg:$1184/sqft
Range: $789 - $1802/sqft
Exact sqft
Estimated
Fallback
Avg
Location Comparison
| Location | Sale PSF | Lease PSF | # Sales | # Leases |
|---|---|---|---|---|
Karma CondosThis Building | 1200 | 4.68/mo | 32 | 253 |
Bay Street Corridor | 911+32% | 4.45/mo+5% | 20 | 1 |
Toronto C01 | 883+36% | 4.45/mo+5% | 173 | 1 |
Toronto | 788+52% | 3.85/mo+22% | 861 | 1 |
Green badges indicate the building is priced below the comparison area. Data from closed transactions.
Market Analysis
Sale prices at Karma Condos average $1200/sqft, which is significantly above the Bay Street Corridor community average of $911/sqft (+32%).
Prices here are premium compared to the broader Toronto area ($788/sqft).
Rental rates are strong at $4.68/sqft monthly, 5% above the community average, with solid rental yield of 4.7%.
The building has seen 32 sales and 253 leases in recent transactions, indicating very high market activity.
Avg Sale PSF
$1200
Avg Lease PSF
$4.68/mo
Gross Yield
4.7%
Transactions
285
Investment Analysis
Est. Monthly Rent
$2,714
Based on $4.68/sqft
Gross Yield
4.68%
Good Yield
Before expenses
Net Yield
3.25%
Moderate Yield
After expenses
Years to Recover
21.4
Via rental income
vs Bay Street Corridor
-1.18%
Bay Street Corridor avg: 5.86%
vs Toronto C01
-1.37%
Toronto C01 avg: 6.05%
Avg. Monthly Operating Costs
Maintenance: $556/mo
Property Tax: $271/mo
Building PSF Range
$4Avg: $1,200/sqft$1,638
💡 Investment Insight: Karma Condos provides moderate yield at 4.68%, balancing cash flow with appreciation potential. Yield is 1.18% below Bay Street Corridor average, likely due to premium pricing.
Parking & Locker Values
Parkingcommunity
Purchase
N/A
Monthly Lease
$209.75/mo
Lockergeneric
Purchase
$10K
Monthly Lease
$50/mo
Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.
Amenities
BBQs Allowed
Bike Storage
Community BBQ
Concierge
Day Care
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Ind. Water Softener
Indoor Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Tennis Court
Visitor Parking
Maintenance Fee Includes:
A/CBuilding InsuranceCommon ElementsCondo TaxesHeatHydroParkingWater
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Building Reviews
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About Karma Condos Condos
Karma Condos is a premier condominium located at 15 Grenville, Toronto C01. This 309-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.
Currently, there are 389 units available at Karma Condos, with prices averaging around $780K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.
Karma Condos stands out in Toronto C01's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.
Whether you're looking to buy, sell, or rent at Karma 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 and market analysis.
Explore more real estate in the wider area: Bay Street Corridor, Toronto C01 and the Toronto area.
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