Burano
Burano on Bay is a distinct 50-storey glass high-rise condominium tower developed by Lanterra Developments and completed in 2012, located at 832 Bay Street in downtown Toronto. Celebrated for its unique diamond-patterned exterior glass grid design, the tower rises elegantly above a fully restored, century-old brick heritage facade (the historic McLaughlin Motor Car showroom) and features premium urban suites in the heart of the city's Discovery District.
Average Price
| Type | Avg $ / SQFT |
|---|---|
| For Sale | $942 |
| For Lease | $4.15 |
-11.31% vs 2024(sold $/sqft)
-1.87% vs 2024(lease $/sqft)
Building Highlights
PROPERTY TYPE
Condo Apartment
NUMBER OF STOREYS
50
NUMBER OF UNITS
486
COMPLETION YEAR
2012
UNIT SIZE RANGE
499 – 1,300 SQFT
CONDO DEMAND
Low
BUILDER
Lanterra Developments
PROPERTY MANAGEMENT
Duka Property Management Inc.
Building amenities
What the building offers residents—confirm with the corporation or your agent.
Building maintenance
What's included can vary by listing. Confirm with the listing or property manager for your unit.
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Price Trends
Burano
Yearly average $/sqft — mean of months in 2025, vs 2024
$944 / SQFT
-11.31% vs 2024 (sold)
Last 12 months: $871/sqft -3.7% vs previous 12 months (sold, without parking)
$4.15 / SQFT (Lease)
-1.87% vs 2024 (lease)
Bay Street Corridor
Yearly average $/sqft — full calendar 2025 (mean of monthly points), vs 2024
$952 / SQFT
-7.08% vs 2024 (sold)
Last 12 months: $840/sqft -4.5% vs previous 12 months (sold, without parking)
$4.05 / SQFT (Lease)
-3.91% vs 2024 (lease)
Sold price per square foot
Price per sq ft with the parking value taken off.
Maintenance per sq.ft.
Monthly fee per interior sq ft for a typical unit without parking, stepping up when the building's fees rise.
Monthly fee per sq ft with parking (about $68/mo per spot) taken off.
Sold price per sq ft
From Burano's own sales. “Without parking” takes the parking value off each sale that came with a spot.
Last 12 months
$870
without parking
Last 12 months
$896
with parking
Sales
9
Oct 2025 – Oct 2026
Parking value
$47,000
per spot, 2026
| Year | Sales | $/sq ft without parking | $/sq ft with parking | Parking value / spot | Maintenance $/sq ft / mo |
|---|---|---|---|---|---|
| 2026to date | 8 | $860 | $888 | $47,000 | $0.75 |
| 2025 | 11 | $911 | $954 | $51,000 | $0.75 |
| 2024 | 10 | $1,037 | $1,075 | $57,000 | $0.71 |
| 2023 | 9 | $1,134 | $1,154 | $62,000 | $0.70 |
| 2022 | 28 | $1,159 | $1,199 | $64,000 | $0.63 |
| 2021 | 32 | $1,066 | $1,113 | $59,000 | $0.60 |
- Parking value is one dollar amount per owned spot, measured from this building's sales with and without parking, and moved each year with the building's own price per sq ft.
- Maintenance is for a typical unit without parking; parking adds about $68/mo per spot. Fees here usually rise in Aug.
- Unit sizes come from verified sizes, sizes stated in listings, or the maintenance fee when the listed range is off. Updated Oct 25, 2026.
Listings at 832 Bay St, Toronto, ON
$888,000
832 Bay Street 905
Toronto C01
$478,000
832 Bay Street 1009
Toronto C01
$749,000
832 Bay Street 204
Toronto C01
$2,300
832 Bay Street 4207
Toronto C01
$3,100
832 Bay Street 2608
Toronto C01
$4,400
832 Bay Street 1410
Toronto C01
$1,600
832 Bay Street W 3602
Toronto C01
$2,600
832 Bay Street 2307
Toronto C01