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    Toronto / Downtown / Bay Street Corridor

    R707 - 31 Phipps St

    For RentThe Britt Condos
    $4,195/mth
    2 Beds + 1
    2 Bath
    0 Parking
    901 SQFT
    4 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Luxury living, location, & outstanding amenities... check all your boxes off with this beautifully appointed 901 sq. ft. 2 Bedroom + Den, 2 Bath suite in the highly desirable Bay Steet Corridor! This spacious corner unit boasts an efficient open concept layout, 9' ceilings throughout, and well appointed kitchen that greets you with granite countertops and S/S appliances. What truly sets the suite apart is the incredible 700 sq. ft. private terrace that you access thought the wall of ceiling to floor windows that bathe the main living space in natural light. The possibility to create your ultimate garden oasis or outdoor living / dining room in the heart of the city are endless! 31 Phipps St. is a professionally managed purpose built rental wing attached to The Britt Condo.

    ExtrasResidents have full access to all of the amenities that are shared with the attached condo building at 955 Bay St. The Internet Lounge is a bonus amenity only accessible by tenants of 31 Phipps St.

    keller williams co-elevation realtyMLS® #C11925857

    Amenities

    Visitor Parking
    Sauna
    BBQs Allowed
    Gym Room
    Security System
    Concierge

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    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

    The Britt Condos vs The Bay Street Corridor Area

    Building Trends At The Britt Condos

    Days on Strata

    Units at The Britt Condos spend an average of
    37
    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 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
    5.9
    YEARS before being sold again

    Property Value

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

    Price Ranking

    6th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    23
    Units were Sold over the past twelve months

    Rented Units

    192
    Units were Rented over the past twelve months

    Best Value Rank

    The Britt Condos offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Britt Condos has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Britt Condos yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Britt Condos is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 955 Bay Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$467,500 - $490,000$516,000 - $606,666$576,000 - $674,000$828,000 - $972,200$968,000 - $1,105,000No DataNo Data
    Avg. Cost Per Sqft$1,299$1,192$1,172$1,279$1,198No DataNo Data
    Avg. Wait for Unit Availability66 Days33 Days42 Days76 Days181 Days189 DaysNo Data
    Ratio of Units in Building16%30%24%15%10%9%1%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor