About Opera Place Ⅱ
Opera Place II is a 16-storey mid-rise condominium in the Church-Yonge Corridor with 154 units developed by East of Bay Developments Corporation. Located in one of Toronto's most walkable downtown neighbourhoods, this building offers a mix of unit types suited to different buyer and renter profiles. The current rental market shows one unit available at $2,895 per month, reflecting the building's appeal to both owner-occupants and investors.
This location puts you steps from Yonge Street's shops, restaurants, and entertainment, with direct access to the College subway station. The Church-Yonge area is known for its residential character despite being downtown, with proximity to the Distillery District, St. Lawrence Market, and the Esplanade. It's ideal for buyers seeking downtown living without sacrificing neighbourhood feel, and renters who want urban convenience with manageable transit times.
Frequently asked questions
What type of building is Opera Place II, and how many units does it have?
Opera Place II is a 16-storey mid-rise condominium developed by East of Bay Developments Corporation, containing 154 units in total. The building serves both owner-occupants and investors, with active listings showing an average unit size of 700 square feet and an average of 3 bedrooms. The mid-rise scale allows the building to fit naturally into the Church-Yonge neighbourhood while offering a range of floor plans and price points. This size makes it large enough to support building amenities and services while remaining more personable than a high-rise tower. Units vary in configuration, so prospective buyers and renters will find options suited to different household sizes and needs.
What's the neighbourhood like around Opera Place II?
Opera Place II sits in the Church-Yonge Corridor, one of Toronto's most central and walkable neighbourhoods. You're steps from Yonge Street's retail and dining, with direct access to the College subway station for rapid transit to the rest of the city. The area has a strong residential character despite being downtown, with tree-lined streets, heritage buildings, and a mix of long-time residents and newcomers. Nearby landmarks include the Distillery District to the east, St. Lawrence Market to the south, and the Esplanade waterfront. The neighbourhood offers the convenience of downtown livingu2014grocery stores, pharmacies, gyms, and entertainment all within walking distanceu2014while retaining a quieter, more community-focused feel than busier downtown cores.
What should a buyer or renter consider about Opera Place II?
Before committing to Opera Place II, consider the building's typical unit size of 700 square feet and the prevalence of 3-bedroom layouts in current listings. This gives you a sense of what's available, though individual units vary. Ask about maintenance fees, building amenities (such as fitness facilities, common areas, or parking), and the building's pet policy if that matters to you. Since the rental market shows units at around $2,895 per month, buyers should evaluate whether their purchase price aligns with expected rental income if that's part of their strategy. The building's mid-rise height and location in a mixed-use neighbourhood mean you're not isolated, but also confirm you're comfortable with urban density and street-level activity. Finally, review the building's recent reserve fund study and any planned major renovations, as these affect long-term costs and quality of life.