Minto Plaza Condos Condos in Toronto C01

38 ELM, Toronto C01

140

Total Units

0

For Sale

1

For Rent

31

Sold

131

Leased

$673K

Avg Price

29

Days (Sale)

23

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
140
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 3,000 SQFT
Property Management:
I.C.C. Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$1.9M

Lowest Sale (12mo)

$420K

Median Maintenance

$948/mo

Year Built

Minto Plaza Condos Market

Updated Aug 4, 2026
Condos
Median sale price
$454K
Median PSF (est.) 4.8%
$605/sqft
Sold last 90 days
4
Active listings
1
Months of inventory
1.0
Avg days on market
26
Sale-to-list ratio
97.59%
Absorption rate
100.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 73.33% · End-user: 26.67% (from 4 sales, 11 leases)
Price reductions (90d)
Price-reduction rate: 25.00%
Avg reduction: $21,900 (4.48%)
Monthly reduction trend
2025-08: 25.0% (4 listings) · avg $51,000
2026-05: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $605-31.95% vs community avg ($889)[discount]
Supply vs demand by unit type (90d)
Sample: 1 active listings · 4 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 3 sold · mismatch +25.00%
2br: 0 active / 1 sold · mismatch -25.00%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
1br (17 sales)88.24% closed with concessions, avg 3.51% below ask
2br (7 sales)85.71% closed with concessions, avg 3.80% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Feb, Jun
Historically weakest months: Dec, Oct, Jan
Annual averages: DOM 33.3d · sale-to-list 97.59% (n=24)
Monthly detail
Jan · 1 sales · DOM 82.0d · STL 96.60%
Feb · 1 sales · DOM 8.0d · STL 94.99%
Mar · 1 sales · DOM 15.0d · STL 97.91%
May · 5 sales · DOM 26.8d · STL 96.20%
Jun · 1 sales · DOM 12.0d · STL 98.00%
Jul · 3 sales · DOM 23.0d · STL 97.21%
Aug · 6 sales · DOM 41.3d · STL 96.23%
Sep · 1 sales · DOM 7.0d · STL 105.26%
Oct · 2 sales · DOM 78.0d · STL 101.96%
Nov · 2 sales · DOM 12.5d · STL 101.34%
Dec · 1 sales · DOM 42.0d · STL 92.90%

Market Intelligence

Price per sqft analysis and trends

Minto Plaza Condos

Sale PSF

$686/sqft

21 sales

Lease PSF

$3.39/sqft/mo

100 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:$694/sqft
Range: $508 - $923/sqft
$600$700$800$900Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 252024-06-13 Price: $475,000 Size: 650 sqft PSF: $730.77/sqft2024-06-17 Price: $600,000 Size: 756 sqft PSF: $793.65/sqft2024-08-02 Price: $625,000 Size: 750 sqft PSF: $833.33/sqft2024-08-08 Price: $510,000 Size: 608 sqft PSF: $838.82/sqft2024-08-20 Price: $570,000 Size: 697 sqft PSF: $817.79/sqft2024-10-30 Price: $722,990 Size: 1100 sqft PSF: $657.26/sqft2025-01-22 Price: $554,400 Size: 750 sqft PSF: $739.20/sqft2025-05-05 Price: $572,000 Size: 750 sqft PSF: $762.67/sqft2025-05-14 Price: $720,000 Size: 1100 sqft PSF: $654.55/sqft2025-06-11 Price: $685,000 Size: 1100 sqft PSF: $622.73/sqft2025-07-25 Price: $480,000 Size: 850 sqft PSF: $564.71/sqft2025-07-30 Price: $486,000 Size: 750 sqft PSF: $648.00/sqft2025-08-07 Price: $690,000 Size: 1008 sqft PSF: $684.52/sqft2025-08-07 Price: $488,063 Size: 750 sqft PSF: $650.75/sqft2025-08-25 Price: $435,000 Size: 650 sqft PSF: $669.23/sqft2025-08-28 Price: $550,000 Size: 750 sqft PSF: $733.33/sqft2025-09-18 Price: $420,000 Size: 650 sqft PSF: $646.15/sqft2025-10-30 Price: $645,000 Size: 1008 sqft PSF: $639.88/sqft2025-11-03 Price: $660,000 Size: 1100 sqft PSF: $600.00/sqft2025-11-27 Price: $450,000 Size: 756 sqft PSF: $595.24/sqft2025-12-29 Price: $425,000 Size: 608 sqft PSF: $699.01/sqftSale PSF ($)
Exact sqft
Estimated
Fallback
Avg

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Minto Plaza CondosThis Building
6863.39/mo21100
Bay Street Corridor
911-25%4.45/mo-24%201
Toronto C01
883-22%4.45/mo-24%1731
Toronto
788-13%3.85/mo-12%8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Market Analysis

Sale prices at Minto Plaza Condos average $686/sqft, which is significantly below the Bay Street Corridor community average of $911/sqft (-25%).

This represents good value compared to the broader Toronto area ($788/sqft).

Rental rates are competitive at $3.39/sqft monthly, 24% below the community average, offering strong rental yield of 5.9%.

The building has seen 21 sales and 100 leases in recent transactions, indicating very high market activity.

Avg Sale PSF

$686

Avg Lease PSF

$3.39/mo

Gross Yield

5.9%

Transactions

121

Investment Analysis

Est. Monthly Rent

$2,685

Based on $3.39/sqft

Gross Yield

5.93%

Good Yield

Before expenses

Net Yield

3.45%

Moderate Yield

After expenses

Years to Recover

16.9

Via rental income

vs Bay Street Corridor
+0.07%

Bay Street Corridor avg: 5.86%

vs Toronto C01
-0.12%

Toronto C01 avg: 6.05%

Avg. Monthly Operating Costs

Maintenance: $883/mo
Property Tax: $239/mo

Building PSF Range

$2Avg: $686/sqft$839

💡 Investment Insight: Minto Plaza Condos offers strong rental yield at 5.93%, making it attractive for cash flow investors. Operating costs reduce yield by 2.48% - consider maintenance fees when evaluating.

Parking & Locker Values

Parkingbuilding

Purchase

N/A

Monthly Lease

$200/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
Bus Ctr (WiFi Bldg)
Community BBQ
Concierge
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
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsHeatHydroParkingWater

Building Reviews

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About Minto Plaza Condos Condos

Minto Plaza Condos is a premier condominium located at 38 ELM, Toronto C01. This 140-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 163 units available at Minto Plaza Condos, with prices averaging around $673K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Minto Plaza 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 Minto Plaza 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.

Units for Lease at Minto Plaza Condos

Keywords: Minto Plaza Condos Toronto C01 Real Estate

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