MLS® listing
38 Grenville Street 1508: condo apartment for sale
$579,000
From the listing brokerage
Bright And Spacious Northeast Corner 2+1 Unit At The Murano Condos, Offering Over 600 Sq. Ft. Of Well-Designed Living Space Plus A Large Balcony With Skyline Views. Floor-To-Ceiling Windows Fill The Suite With Natural Light, While The Corner Exposure And No Direct Sightlines From Neighbouring Units Provide A Rare Sense Of Privacy. This Freshly Painted Unit Features Laminate Flooring, Smooth Ceilings, And A Modern Kitchen With Granite Countertops And Stainless Steel Appliances. The Second Bedroom Features A Window, And The Separate Den With Sliding Door Offers Additional Flexible Living Space. Includes 1 Underground Parking Spot And 1 Locker. Enjoy 24-Hour Concierge, Gym, Indoor Pool, Party/Meeting Room, Guest Suites, And Visitor Parking In This Well-Maintained, Pet-Friendly Building. Steps To Yonge Street, U Of T, TMU, Queen's Park, Major Hospitals, Wellesley Subway, Eaton Centre, Yorkville, Restaurants, Shopping, Parks, And The Financial District. An Excellent Opportunity For First-Time Buyers, Young Professionals, Parents Purchasing For A Student, Or Investors.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $701 |
| Property tax | $3,729 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North East |
| Fee includes | Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | Open |
| Laundry | Ensuite |
| Interior features | Carpet Free |
| Floor | 15 |
Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS® C13783850.
About this condo apartment
38 Grenville Street 1508 is a 3 bedroom condo apartment in TRREB's Bay Street Corridor community in Toronto, listed for sale at $579,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces north east. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Bay/College.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 38 Grenville Street 1508
At the asking price of $579,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $579,000 |
|---|---|
| Ontario land transfer tax | $8,055 |
| Toronto municipal land transfer tax | $8,055 |
| Both taxes | $16,110 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $32,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $701 a month |
|---|---|
| Property tax (2026) | $3,729 a year, about $311 a month |
| Fee and tax together | about $1,012 a month |
The listing says the maintenance fee includes heat, water, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $579,000, which is $29,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
Similar homes for sale in Toronto
$419,9001705 Mccowan Road 207, Toronto, ON M1S 4L23 bedrooms · 2 bathrooms · Condo ApartmentListed by UNION CAPITAL REALTY. MLS® E13814184
$469,00025 Sunrise Avenue 311, Toronto, ON M4A 2S23 bedrooms · 2 bathrooms · Condo ApartmentListed by ROYAL LEPAGE TERREQUITY REALTY. MLS® C13869034
$999,90010 Torresdale Avenue, Toronto, ON M2R 3V83 bedrooms · 3 bathrooms · Condo ApartmentListed by SUTTON GROUP-ADMIRAL REALTY INC.. MLS® C13875438
$498,00030 Thunder Grove 1705, Toronto, ON M1V 4A33 bedrooms · 2 bathrooms · Condo ApartmentListed by HOME STANDARDS BRICKSTONE REALTY. MLS® E13660314
$509,0007 Bishop Avenue 314, Toronto, ON M2M 4J43 bedrooms · 2 bathrooms · Condo ApartmentListed by CENTURY 21 LEADING EDGE REALTY INC.. MLS® C13837204
$799,9001 Concord cityplace Way 5210, Toronto, ON M5V 0X33 bedrooms · 2 bathrooms · Condo ApartmentListed by PROMPTON REAL ESTATE SERVICES CORP.. MLS® C13778126
Questions about 38 Grenville Street 1508
How much is land transfer tax on 38 Grenville Street 1508?
At the asking price of $579,000 the Ontario tax is $8,055 and the Toronto tax is $8,055, $16,110 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 38 Grenville Street 1508?
$32,900 at the asking price of $579,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 38 Grenville Street 1508?
The listing shows $701 a month, including heat, water, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 38 Grenville Street 1508?
The listing shows $3,729 a year for 2026, about $311 a month.
Is 38 Grenville Street 1508 priced above or below the median?
It is listed at $579,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $29,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 38 Grenville Street 1508?
Use the form on this page or call us. Quote MLS® C13783850. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 38 Grenville Street 1508 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.