38 Elm Street
Building Details
Listing History for Minto Plaza
Amenities
Maintenance Fees
About 38 Elm Street — Minto Plaza
Looking for an affordable building in the Bay Street Corridor? Well, if you haven’t heard of Minto Plaza, then you haven’t been looking that hard; located at 38 Elm St, this 33-storey building has been a desirable choice for students and professionals since its completion in 1990.
People often assume that older buildings are short on amenities, but that’s not the case with Minto Plaza, as it offers a wide array of enticing extras: gym, indoor pool, whirlpool, conference room, party rooms, games room, media room, 24 hour security and concierge, parking garage, and more.
With its convenient location near Ryerson and the University of Toronto, this building is an ideal choice for students and faculty — affordable prices and close proximity to the Financial District, makes Bay St condos for sale in this building a great choice for first-time home buyers and professionals.
The Suites
Minto Plaza is home to 433 units; condos in this building have great value and are on the lower end of price per square foot in downtown Toronto.
Suites at 38 Elm Street range from 608 square feet for a studio, to 1010 for a 2 bedroom + den condo; many units have been upgraded so finishes may vary, but expect spacious layouts, large windows, hardwood floors, and updated kitchens.
Some units in this building have private balconies, but for those that don’t, there’s a shared rooftop patio with stunning city views. Of course, you probably won’t want to spend that much time at your building, because with a neighbourhood like the Bay Street Corridor, you’re surrounded by exciting attractions.
The Neighbourhood
To be fair, this building is technically located in the City Centre neighbourhood but it's mere steps from the Bay Street Corridor, so residents have their pick of which neighbourhood to enjoy. The Bay Street Corridor is among the busiest neighbourhoods in Toronto — ideal for people who live a busy life, and want great entertainment, dining, and shopping options just outside their front door. With convenient TTC service and Queen’s Park just around the corner, this area has everything you could want in an urban community.
Elm Street is home to upscale restaurants like Barberian's Steak House, The Elm Tree Restaurant, and Adega — with a Cineplex just around the corner at Yonge-Dundas Square, dinner and a movie doesn’t get any easier than this. Plus, there’s many quaint pubs on the way home to enjoy a drink afterwards, and Yonge Street and its vibrant nightlife is at your fingertips.
Concert Goers can see the latest up and comers at Massey Hall, and the Phoenix Concert Theatre, or jump on a streetcar for huge acts at the Scotiabank Arena. Culture lovers and history buffs can stroll to the ROM or take in art galleries in Yorkville. And on sunny afternoons, residents can grab a coffee at Fresh Start Coffee Company and walk through scenic Queen’s Park.
Shopping enthusiast are mere minutes from the Eaton Centre, there you’ll find over 200 hundred stores for the latest in Fashion and technology. Those who desire a more upscale experience can head north to Bloor, and enjoy Prada, Coach, Louis Vuitton, Brooks Brothers, and many more.
Transportation
Minto Plaza boasts a highly coveted 100 Walk Score — the holy grail of urban living. With a condo in this building you can easily run all of your errands without the need of a vehicle or public transit. For groceries and essentials purchases, there’s H Mart Dundas and Shoppers Drug Mart on Yonge, and The Kitchen Table on Edward — all within walking distance.
38 Elm Street is perfect for residents who rely on subway service to commute to work; after a long day at the office you can step off the subway at Dundas Station and you’re less a five minute walk from home. Along the way you’ll come across an assortment of dining options for quick pick-ups like Five Guys, Panera Bread and Basil Box, to sit down restaurants such as Chipotle Mexican Grill and Buffet Palace.
For travel throughout the city — there’s northbound and southbound bus service on Bay, eastbound and westbound streetcars on Dundas, and Dundas Station can connect you to Union Station for Go Transit to anywhere in the Golden Horseshoe.
Drivers have a parking garage to store their vehicles when not in use, and a good central location for quick access to the Don Valley Parkway and Gardiner Expressway; for the Don Valley parkway head East on Dundas Street for the closest on-ramp, and south on Bay to Lakeshore Boulevard for the Gardiner Expressway.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Minto Plaza
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
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Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 38 Elm Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | No Data | $475,000 - $625,000 | No Data | $722,990 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $835 | No Data | $743 | No Data | No Data |
Price Range | $2,500 | $1,500 - $2,839 | No Data | $3,500 - $3,800 | No Data | No Data |
Avg. Wait for Unit Availability | No Data | 19 Days | No Data | 190 Days | No Data | No Data |
Avg. Wait for Unit Availability | 326 Days | 9 Days | No Data | 50 Days | No Data | No Data |
Ratio of Units in Building | 2% | 85% | 1% | 14% | 1% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Bay Street Corridor