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    Toronto / Downtown / Bay Street Corridor

    510 - 38 Elm St

    For RentMinto Plaza
    $2,600/mth
    1 Bed
    1 Bath
    0 Parking
    608 SQFT
    89 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    South
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Kitchen
    Ceramic Floor
    8.79 x 5.84ft
    Living
    Laminate, Combined with Dining
    14.86 x 14.96ft
    Dining
    Laminate, Combined with Living
    14.86 x 14.96ft

    About this Listing

    Upscale "Minto Plaza" Condo. Open Concept Living/Dining Room. Tons Of Closet Space. A Short Walk To Hospitals, Financial District, Public Transit, Eaton Centre, UofT And TMU. Well Managed Building With Indoor Pool, Exercise Room, Sauna, 24 Hour Concierge And More!

    ExtrasIncludes Fridge, Stove, Washer, Dryer, Built-In Dishwasher, Built-In Microwave, All Light Fixtures And Window Coverings.

    ipro realty ltd.MLS® #C9047705

    Amenities

    Rec Room
    Concierge
    Rooftop Deck
    Party Room
    Sauna
    Media Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Minto Plaza vs The Bay Street Corridor Area

    Building Trends At Minto Plaza

    Days on Strata

    Units at Minto Plaza spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    12.9
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    Minto Plaza offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Minto Plaza has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Minto Plaza yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Minto Plaza is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 38 Elm Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$475,000 - $625,000No Data$722,990No DataNo Data
    Avg. Cost Per SqftNo Data$835No Data$743No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data19 DaysNo Data190 DaysNo DataNo Data
    Ratio of Units in Building2%85%1%14%1%1%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor