Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $568,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This stunning northeast corner unit delivers everything downtown Toronto buyers want: light, space, privacy, and an unbeatable location. Floor-to-ceiling windows wrap the suite in natural light from sunrise onward, while the oversized balcony extends your living space outdoors with skyline views. The open-concept layout features brand-new laminate flooring, smooth ceiling/freshly painted walls throughout, and a modern kitchen with granite countertops and stainless steel appliances - move-in ready with nothing to do but unpack. The enclosed den with sliding door functions seamlessly as a second bedroom, nursery, or private home office, giving you real flexibility in a 600+ sq ft footprint. A standout feature: no direct sightlines from neighbouring units - rare privacy for downtown condo living. Includes 1 underground parking spot and 1 locker - a major value-add in the core. Steps to Yonge Street, U of T, TMU, Queen's Park, major hospitals, Wellesley subway, top restaurants, shopping, and parks. Whether you're commuting to work, walking to class, or stepping out for dinner - everything is at your doorstep. 24-hour concierge, gym, indoor pool, party/meeting room, guest suites, and visitor parking. Perfect for first-time buyers, young professionals, parents purchasing for a student, or investors looking for a high-demand rental in a prime location. Opportunities like this don't last - book your showing today.
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Hospital, Park, Public Transit
Carpet Free
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 38 Grenville Street 508, Toronto C01, ON M4Y 1A5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $568,000 in Toronto, the legal minimum down payment is $31,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,835 also applies, bringing the total estimated land transfer taxes to $15,670.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.