38 Elm Street, Toronto C01, ON

$675,000
MLS#:C12320980
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Urban elegance at its finest in this stunning, 2 BR 2 WR condo located at 38 Elm St in the heart of Toronto's vibrant downtown core. Nestled in one of the city's most established and prestigious neighborhoods, this spacious 1,000+ sq residence in a luxury building offers an unparalleled lifestyle, blending sophisticated living with unmatched convenience. Steps from the iconic Yonge and Dundas intersection, 38 Elm places you at the epicenter of Toronto's dynamic urban scene. This prime location offers immediate access to countless amenities. World-class dining and entertainment to premier shopping and cultural landmarks and transit. Living at 38 Elm means you're never more than a few minutes from the best of Toronto, making it ideal for those who crave the energy and convenience of city life. While new condo developments continue to reshape Toronto's skyline, 38 Elm stands proudly in one of the city's most established and coveted areas. This luxury condo building at 38 Elm is designed to elevate your lifestyle with an array of premium amenities tailored to every need: Indoor pool, theatre room, kids playroom, billiards, ping pong, expansive terrace and 24/7 security and concierge. These amenities create a resort-like experience, ensuring residents enjoy both luxury and convenience within the comfort of their building. The primary bedroom features an ensuite bathroom and abundant closet space, while the second bedroom is perfect for guests, a home office, or a growing family. Step out onto your private balcony to enjoy morning coffee or evening sunsets with stunning city views. One owned parking spot which is a rare and valuable asset in downtown Toronto, ensuring hassle-free parking. The combination of a prime downtown location, a prestigious and established neighborhood, and a building packed with luxury amenities makes this property a rare find. Don't miss the opportunity to own a piece of Toronto's vibrant heart.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 31, 2025
Sold price information is available to members only
Listed Date8/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionConcrete
CountyToronto
Annual Tax$3,820

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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38 Elm Street, Toronto C01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 38 Elm Street 1803, Toronto C01, ON M5G 2K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$540,000
Monthly Mortgage$3,138
Property Tax (Est.)$318
Utilities & Maint.$350
Total Monthly Cost$3,806

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto C01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$837,946

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.