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Murano
Murano
M4Y1A5
8
ACTIVE
LISTINGS
$753K
AVG SALE
PRICE
38
AVG DAYS ON
MARKET
About Murano
Murano is a 45-storey high-rise residential tower in Toronto's Bay Street Corridor, completed in 2010 by Lanterra Developments. The building contains 731 units and has become a cornerstone of the downtown core, offering both purchase and rental opportunities. Current listings show units ranging from $599,000 to $799,000 for sale, with rental options averaging around $3,010 per month, reflecting strong demand in this prime location.
Located in the heart of Bay Street Corridor, Murano sits within walking distance of the Financial District, St. Lawrence neighbourhood, and the Distillery District. The area has excellent transit access via the Dundas and King streetcar lines, plus proximity to the Bloor-Yonge subway station. This neighbourhood appeals to downtown professionals, young families, and renters seeking urban convenience with local shops, restaurants, and waterfront access nearby.
Frequently asked questions
What type of building is Murano and when was it built?
Murano is a 45-storey high-rise residential tower developed by Lanterra Developments and completed in 2010. The building contains 731 units across a range of layouts, making it one of the significant residential developments in the Bay Street Corridor. As a high-rise in a mature downtown neighbourhood, Murano offers the conveniences and services typical of established condominium living. The building is well-maintained and continues to be a popular choice for both owner-occupants and investors seeking exposure to the downtown core real estate market.
What's the neighbourhood like around Murano?
Murano sits in the vibrant Bay Street Corridor, a mixed-use area that blends residential, commercial, and entertainment uses. The neighbourhood is walking distance to the St. Lawrence Market, historic St. Lawrence neighbourhood, and increasingly, the revitalized Distillery District. Transit access is strong, with the Dundas and King streetcar lines running nearby, and the Bloor-Yonge subway station accessible by foot. The area is surrounded by restaurants, galleries, boutiques, and cultural venues. Bay Street itself is Canada's financial hub, so the building attracts professionals working downtown. The proximity to the Esplanade and waterfront parks provides green space and recreational opportunities. It's a neighbourhood that balances urban energy with walkable, human-scaled streets.
What should buyers and renters know about units in Murano?
Units in Murano range widely in size and layout, with current listings showing an average of around 622 square feet and 1.8 bedrooms, though the building includes everything from studios to larger family units. When evaluating a unit here, pay attention to floor level and view orientation, as these significantly affect light and value in a tall downtown building. Check the building's maintenance fees and reserve fund status, as these vary by unit and directly impact your monthly carrying costs. Ask about pet policies if applicable. For renters, understand the lease terms and whether utilities are included, as this affects the true monthly cost. For buyers, consider your proximity to the elevator banks and whether the unit layout suits your lifestyle. The building's amenities, parking availability, and visitor policy are worth reviewing carefully, as they differ from unit to unit and influence your day-to-day experience living here.
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For Sale 5 For Rent 3
Building details
TypeHigh-rise
Year built2010
Storeys45
Total units731
DeveloperLanterra Developments
Postal code
M4Y 1A5