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    15 Grenville Street

    Karma Condos
    14for Sale
    16for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    50
    Number of Units:
    495
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    252 - 921 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Karma Condos

    Receive listing updates for Bay Street Corridor

    Amenities

    Security System
    Guest Suites
    Rooftop Deck
    Visitor Parking
    Sauna
    Games Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 15 Grenville StreetKarma Condos

    Renowned for their ability to recognize bourgeoning neighbourhoods, Lifetime Developments has chosen well yet again: 15 & 21 Grenville Street is an exciting location in Toronto’s Discovery District. Long attracting researchers and tech entrepreneurs to the area, this new residential development, the Karma Condos, is a suitably smart addition to an area well-known for its brilliant demographic.

    Completed in 2016, these downtown Toronto condos comprise 50-stories of contemporary urban excellence, thanks to a brilliant design by ArchitectsAlliance. Best characterized by its subtle accents and arrangements, these condos cultivate a sophisticated aesthetic.

    The grid of glass window panels on the east and west sides of the tower balance the lines of the long balconies running along the north and south sides. This interplay gives the design its striking confidence, without the need for any flashy adornments.

    At street level, the podium is both elegant and efficient. Encased in glass, the lobby features a 24-hour concierge service – though it’s the soaring columns which give 15 & 21 Grenville a grand impression. Moreover, these columns allow for the preservation of parts of the historic building that formerly stood at this location. This charming accent perfectly balances the aptly named Karma Condos.

    Additionally, the podium holds an alluring retail area, as well as many of the building's generous amenities. This includes a state-of-the-art gym with an adjoining steam room, a theatre room, and, guest suites.

    Atop the podium, residents enjoy a spacious terrace featuring exceptional landscape design by Strybos Barron King; the terrace gives residents a vibrant green escape that’s unexpected so deep in the downtown Core.

    The Suites

    Located so close to universities and research hospitals, many young professionals will be attracted to this property. It holds 495 Toronto condos, which range in size from approximately 300 to 900 square feet. This range includes bachelor, one and two bedroom suites, and the option of a den as well.

    Regardless of actual size, the trusted Lifetime Developers have ensured all these homes are comfortable and stylish. With a strong base of engineered hardwood flooring throughout, smooth ceilings, and floor-to-ceiling windows, the suites’ finishes are certainly elegant and on par with most luxury condos.

    The designers at Cecconi Simone have chosen wonderful accents for the suites, culminating in their distinctively modern yet welcoming atmosphere. This is best represented by the elegant and efficient European kitchen cabinetry – both streamlined and spacious. Prices could be seen as a deterrent for some buyers, as Bay St condos for sale generally have high price tags, and this building in particular has one of the highest prices per square foot in downtown Toronto.

    The Neighbourhood

    Residents of Karma Condos will enjoy living so close to Yonge Street. Shoppers adore the selection of stores which includes all the major brands, as well as many eclectic and local retailers. Whether seeking inexpensive essentials or high-end goods, residents can find what they want and need nearby.

    Foodies will especially enjoy the offerings in the area. Residents can explore an almost endless array of restaurant options: delicious bowls of ramen, gourmet burgers, banh mis, burritos, all-day brunch, and more are all walking distance from home.

    Still, one can’t eat out every day, so residents will be happy to hear that there is a Loblaws just down the street, at the corner Carlton and Church. Located in the historic Maple Leaf Gardens, its selection can’t be beat by any other downtown grocer. Additionally, College Park is also nearby - its Metro and LCBO are very convenient.

    Transportation

    Being close to many universities, offices, and hospitals means there are many transportation options available to residents . Just around the corner, inside College Park, they can access the subway at College Station on the Yonge-University-Spadina line.

    Alternatively, accessible at street level on College, the 506 Carlton streetcar is a great option for traveling throughout the Core. Along its route west to High Park and east to Broadview station, the 506 stops about two minutes from 15 & 21 Grenville at the Yonge and College.

    Lastly, Karma residents who drive need not head far to find the highway. They can just follow Bay to Bloor, and then head east to the Don Valley Parkway access point, just after the bridge.

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    14

    Listings For Sale

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    16

    Listings For Rent

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    15 Grenville St, unit 1606 for rent
    15 grenville stBay Street Corridor
    Studio 1 Bath0 Parking
    Available Immediately
    15 Grenville St, unit 2006 for rent
    15 grenville stBay Street Corridor
    Studio 1 Bath335 SQFT0 Parking
    Available Dec 1, 2024
    15 Grenville St, unit 1904 for rent
    $2,250/mth
    15 grenville stBay Street CorridorUnit 1904
    Studio 1 Bath299 SQFT0 Parking
    Available Immediately/TBA
    15 Grenville St, unit 1801 for rent
    $2,399/mth
    Price Cut: $251 (Oct 26)
    15 grenville stBay Street CorridorUnit 1801
    1 Bed + 11 Bath519 SQFT0 Parking
    Available Nov 15, 2024
    15 Grenville St, unit 405 for rent
    $2,499/mth
    Price Cut: $101 (Sep 10)
    15 grenville stBay Street CorridorUnit 405
    1 Bed1 Bath512 SQFT0 Parking
    Available Sept 20, 2024
    15 Grenville St, unit 4407 for rent
    $2,500/mth
    15 grenville stBay Street CorridorUnit 4407
    1 Bed1 Bath464 SQFT0 Parking
    Available Immediately
    15 Grenville St, unit 511 for rent
    $2,600/mth
    15 grenville stBay Street CorridorUnit 511
    1 Bed + 11 Bath536 SQFT0 Parking
    Available Immediately / TBA
    15 Grenville St, unit 4102 for rent
    15 grenville stBay Street Corridor
    1 Bed + 11 Bath500 - 599 SQFT0 Parking
    Available Immediately
    15 Grenville St, unit 510 for rent
    $3,100/mth
    Price Cut: $100 (Oct 29)
    15 grenville stBay Street CorridorUnit 510
    2 Beds1 Bath689 SQFT0 Parking
    Available Immediately
    15 Grenville St, unit 1410 for rent
    $3,300/mth
    15 grenville stBay Street CorridorUnit 1410
    2 Beds1 Bath689 SQFT0 Parking
    Available Immediately
    15 Grenville St, unit 4309 for rent
    $3,400/mth
    15 grenville stBay Street CorridorUnit 4309
    2 Beds1 Bath700 - 799 SQFT1 Parking
    Available Oct 9, 2024
    15 Grenville St S, unit 1709 for rent
    15 grenville st sBay Street Corridor
    2 Beds2 Baths762 SQFT1 Parking
    Available Sept 12, 2024
    15 Grenville St, unit 3103 for rent
    $3,600/mth
    Price Cut: $300 (Oct 28)
    15 grenville stBay Street CorridorUnit 3103
    2 Beds2 Baths800 - 899 SQFT1 Parking
    Available Nov 1, 2024
    15 Grenville St, unit 4603 for rent
    $3,700/mth
    15 grenville stBay Street CorridorUnit 4603
    2 Beds + 12 Baths819 SQFT0 Parking
    Available Sept 1, 2024
    15 Grenville St, unit 4808 for rent
    $3,700/mth
    15 grenville stBay Street CorridorUnit 4808
    2 Beds2 Baths729 SQFT1 Parking
    Available Immediately
    15 Grenville St, unit 5008 for rent
    $3,900/mth
    Price Cut: $300 (Oct 21)
    15 grenville stBay Street CorridorUnit 5008
    2 Beds2 Baths729 SQFT1 Parking
    Available Immediately

    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
    The bike lane starts to feel like a second home.

    Similar condos

    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%

    Maintenance Fees

    Karma Condos vs The Bay Street Corridor Area

    Days on Strata

    Units at Karma Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    6.1
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    99
    Units were Rented over the past twelve months

    Best Value Rank

    Karma Condos offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Karma Condos has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

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

    High Demand

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

    Transaction Insights at 15 Grenville Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$415,000 - $438,000$655,000 - $690,000$729,888 - $760,000$830,000 - $1,250,000$1,170,000 - $1,220,000
    Avg. Cost Per Sqft$1,388$1,537$1,422$1,410$1,415
    Avg. Wait for Unit Availability209 Days43 Days50 Days59 Days259 Days
    Ratio of Units in Building10%34%29%22%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor