Sold for:Sold Dec 15, 2024
$573,888

Unit 1613, 38 Elm Street

Toronto (Bay Street Corridor), ON M5G 2K5

Condo Apartment SoldNot available
Minto Plaza exteriorMinto Plaza33 storeys, 433 suites, built 1990
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 1613, 38 Elm Street, Toronto, Bay Street Corridor

2024-09-23
2024-12-15
Sold
Price
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MLS#
c9364793

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1613, 38 Elm Street, Toronto, Bay Street Corridor

Chic 1-bedroom Condo with Stunning SW Views at 38 Elm Street #1613. Experience upscale urban living in this rare, spacious 1-bedroom, 2- condo in Toronto's coveted Bay Street Corridor. Boasting approximately 730 sq ft, this bright unit features an open-concept living and dining area, perfect for entertaining or relaxing. $786/Sq Ft. for a 1Br Appt with two bathrooms; the lowest Price per Sq Ft is at 38 Elm Street and probably in the entire Bay Street Corridor Area. The generously sized bedroom includes expansive windows that flood the space with natural light, a large walk-in closet, and a luxurious 4-piece master ensuite. Enjoy breathtaking, unobstructed southwest views of the downtown skyline from the comfort of your home. Located on a chic stretch between Yonge and Bay, you'll be steps away from top restaurants, lively pubs, and outdoor terraces. This prime location is also steps from Toronto General Hospital and SickKids Hospital and minutes from the University of Toronto. Take advantage of this exceptional opportunity for city living at its finest!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,675
Land Transfer Tax Fee
$15,906

Condo/Maintenance Fee

Maintenance Fee
$766 /month

Included In Maintenance Fee

  • Common Elements Included
  • Parking Included
  • CAC Included

Rental Items

Rental Equipment
N/A

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Separate Hydro Meter, Ventilation System, Water Heater
View
City, Panoramic, Downtown
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building Amenities

  • Gym
  • Party Room/Meeting Room
  • Indoor Pool

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
933

Construction

Exposure
South West
Exterior Finish
Concrete
Special Designation
Other

Exclusions

Exclusions
All Rods and drapes and all Furniture and decorations-part of the staging.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
Exclusive
Locker Level
P2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
2
Kitchens
1

Room sizes

  • Foyer—
    Flat level, Ceramic Floor, 2 Pc Bath, Walk Through
  • Living Room—
    Flat level, Laminate, Open Concept, Large Window
  • Dining Room—
    Flat level
  • Kitchen—
    Flat level, Ceramic Floor, Stainless Steel Appl, Ceramic Backsplash
  • Bedroom—
    Flat level, Large Window, SW View, Walk-In Closet(s)
  • Laundry—
    Flat level, Ceramic Floor, Separate Room

Washrooms

  • 2-piece, Flat
  • 4-piece, Flat

Municipality
Toronto
Neighbourhood
Bay Street Corridor
Main cross streets
Bay St & Gerrard St West

MLS® number
C9364793
Data source
Toronto Regional Real Estate Board
Status change
2024-12-15
Listed on
2024-09-23
Days on market
83 days
Possession type
Flexible/TBA
Co-op commission
2.5% + hst
Seller
Listed by
RE/MAX REALTRON MARIUS MITROFAN GROUP

Home Market Value

Current home valuation for Unit 1613, 38 Elm Street, Toronto, Bay Street Corridor, Toronto, ON. Listed for $573,888

HOMEH Estimate

?

$473,768

Estimated Sales Range

?

$374,277 - $573,259

HOMEH Estimate for Unit 1613, 38 Elm Street, Toronto, Bay Street Corridor

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$473,768Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:5.6%

5% on first $500K + 10% on $73,888 over $500K

Minimum down payment

$32,389

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$21,647$16,011$13,659$0
=Total mortgage
$562,823$532,510$501,464$459,110
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,748monthly$2,600monthly$2,448monthly$2,242monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,953

Municipal (Toronto)

$7,953

Total Land Transfer Tax

$15,906

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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