750 Bay St

MTCC 1284

Gym / Exercise Room, Pool, Public Transit, Pet Restrictions, Sauna, Security Guard, Enter Phone System, Parking Garage

Common Element Maintenance, Building Insurance, Air Conditioning, Heat, Water, Hydro

Revered for its postmodern-style, premium location and ‘at arms reach’ conveniences, The Penrose condominium (750 Bay Street) is perfectly suited for homebuyers and realty investors that want more ‘wow factor’ to accompany an investment. Encompassed by Bay Street, College Street, Laplante Avenue and Hayter Street (The Bay Street Corridor neighbourhood), The Penrose was the creation of H & R Developments and Edward I. Richmond Architects Inc. with completion in 1999, and became a pinnacle within this community. Rising 31 storeys and encompassing 220 condo units, The Penrose’s exterior is made up of an eye-appealing architecture, neutral coloured concrete & glass façade. The interior of The Penrose offers homebuyers condo units of various layouts and dimensions starting with studios + den (511 square feet) and 2 bedrooms + den (1179 square feet). The interiors of these condo units are adorned with bright, spacious open concept & semi-divided kitchens, dimensionally generous breakfast counters and many units possessing private balconies. The list of in-building amenities is attractive (who says established condos don’t know how to have fun and relax?), beginning with a full length indoor pool, Jacuzzi, sauna, modernly equipped gym room, parking garage and security guard. With a solid track record (via the historical average PSF), investors will quickly see there is the strong potential for a positive return on investment. Overseeing the daily operation and needs of residents is Andrejs Management.The Penrose condo (750 Bay Street) is perfectly situated for buyers that want easy TTC access (the corner of Bay Street & College Street host streetcar and bus stops, with College subway station within a quick walk east to Yonge Street), and a plethora of shopping and dining out options (the College Park Shopping Mall is also located right at the corner of College Street and Yonge Street). The Toronto General Hospital is close at hand for any medical needs (University Avenue & Gerrard Street) which can be walked to as well. Everyone enjoys the relaxation that a great park can provide as an outdoor outlet, and homebuyers of The Penrose can have just that with a short walk to McGill Parkette, Ryerson Community Park or Queen’s Park. Cyclists can utilize College Street and Wellington Street for its bike-friendly lanes.Buyers who prefer to take their car to get around, can easily pick up the Gardiner Expressway by heading south on Yonge Street to Lake Shore Blvd. or pick up the Don Valley Pkwy in the east via Danforth Avenue on-ramp heading northbound. The Penrose is on the edge of the Discovery District, which offers homebuyers loads of fun outlets at their fingertips (life-science buildings and departments within the University of Toronto). Fresh produce and household goodies can be a day outing when buyers head west on College Street to Spadina Avenue (then head south) to enjoy the Kensington Market – an outdoor/open-air market that is a historical landmark in Toronto with an eclectic atmosphere! Another exciting market that is also a historic spot within this city, sits at the corner of Jarvis Street & Front Street…the St. Lawrence Market!