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    Toronto / Bay Street Corridor

    Third 1612 - 887 bay St

    $8002 bds1 ba0 pk1,000 - 1,199 sqft
    For RentOpera Place I Condos
    2 Days on Strata
    Est Lease Timeframe:
    18 Days
    $800/mth
    2 Beds + 1
    1 Bath
    0 Parking
    1,000 - 1,199 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Possession Date:

    April 12, 2025

    Lease Term:

    Short Term

    Utilities Included:

    Yes

    Outdoor Space:

    Enclosed/Solarium

    Furnished:

    Yes

    Exposure:

    East

    Locker:

    None

    Amenities

    Concierge
    Gym
    Indoor Parking
    Party Room
    Rec Room
    Media Room
    Security System
    Guest Suites
    Visitor Parking

    About this Listing

    Rent master bedroom with ensuite washroom and one den!Shared kitchen, laundry and living room. , welcome students!furnished! Brand New Vinyl Floors and freshly painted walls. High speed fiber Internet Included. This Prestigious Address On Bay Offers The Perfect Combination Of Luxury & Value. Conveniences Include All-Inclusive Maintenance Fees,Central Location Close to Schools, U of T, Public Transit, Hospitals, Dog Park, Playground and So Much More. Exceptional building Amenities including: 24 Hr Concierge, Party Room, Gym & Ample Visitor Parking. You Do Not Want To Miss This Incredible Opportunity! can be short-time rental!

    avion realty inc.MLS® #C12079872

    Fees & Utilities

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Water
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room dimensions are not available for this listing.

    Renter's Market
    Balanced
    Landlord's Market

    Similar Listings

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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.

    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%

    Building Trends At Opera Place I Condos

    Days on Strata

    Units at Opera Place I Condos spend an average of
    43
    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 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
    7.2
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    25
    Units were Rented over the past twelve months

    Best Value Rank

    Opera Place I Condos offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Opera Place I Condos has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Opera Place I Condos yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Opera Place I Condos is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Opera Place I Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$2,350 - $2,600$1,000 - $2,700$3,300 - $3,600$3,500
    Avg. Wait for Unit Availability26 Days95 Days62 Days547 Days
    Ratio of Units in Building50%19%26%7%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor