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    Toronto / Downtown / Bay Street Corridor

    905 - 887 Bay St

    For SaleOpera Place I Condos
    $749,900
    2 Beds
    2 Bath
    1 Parking
    868 SQFT
    64 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $864/mth
    Taxes:
    $3,684 (2024)
    Cost Per Sqft:
    $864/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Vacant
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Kitchen
    Ceramic Floor, Breakfast Bar, Built-in Dishwasher
    7.58 x 7.58ft
    Dining
    Carpet, Open Concept, Combined with Living
    17.95 x 9.94ft
    Prim Bdrm
    Carpet, Mirrored Closet, Ceiling Fan
    15.95 x 9.94ft

    About this Listing

    Central location walking distance to Yonge Street or University Avenue, Hospital row, U of T St. George Campus. Located in quiet and well managed building. Kitchen has a double oven, breakfast bar and plenty of storage. Open concept living/dining area with built in electric fireplace and walkout to sheltered balcony with pigeon netting. Spacious primary bedroom with quadruple mirrored closet doors. Walk in shower in main bathroom. Second bedroom can be used as an office with walkout to balcony. Building amenities include Concierge, gym and party room. Bay Street bus stop at corner, minutes from TTC subway station. Stores including grocery store and LCBO conveniently close and many restaurants to dine at in the Bay Cloverhill neighbourhood. Adjacent to Opera Place Park, Breadalbane Park and Dr. Lillian McGregor Park.

    ExtrasPopcorn ceiling removed and walls recently painted a neutral colour. Some existing furniture available for sale.

    real estate homewardMLS® #C9299469

    Amenities

    Concierge
    Party Room
    Rec Room
    Media Room
    Security System
    Indoor Parking

    Explore Neighbourhood

    9/10
    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
    Your bike's the trusty steed in this urban jungle — giddy up!

    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

    Opera Place I Condos vs The Bay Street Corridor Area

    Building Trends At Opera Place I Condos

    Days on Strata

    Units at Opera Place I Condos spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    Opera Place I Condos offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Opera Place I Condos has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Opera Place I Condos yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Opera Place I Condos is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 887 Bay Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$610,200$630,000 - $695,000$880,000 - $918,000No Data
    Avg. Cost Per Sqft$976$887$911No Data
    Avg. Wait for Unit Availability180 Days223 Days218 Days532 Days
    Ratio of Units in Building50%19%26%6%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor