Murano

1 - About Murano

• Address: 37 Grosvenor St & 38 Grenville St, Toronto
• Neighbourhood: Bay Street Corridor
• Storeys: 33 storeys
• Units: 731 units
• Built Year: 2009
• Builder: H&R Developments
• Building Type: High-Rise Condo
• Suite Sizes: 425 sqft - 1784 sqft
• Average Price: $983 / sq. ft.

2 - Overview of Murano

Murano is a dual-tower residential complex consisting of the North Tower at 37 Grosvenor and the South Tower at 38 Grenville. Both structures rise from a shared two-storey podium, designed by Peter Clewes of architectsAlliance.

The glass-and-metal exterior draws inspiration from the renowned glass-making traditions of Murano, Italy. Interior public spaces embrace Venetian design elements, featuring custom glass installations and Italian furniture throughout the common areas.

The building's base incorporates ground-level retail spaces alongside streetscape improvements that enhance both the Grosvenor and Grenville corridors. This pedestrian-oriented design creates a welcoming neighbourhood presence while providing convenient amenities for residents.

3 - Suite Sizes & Value

Floor plans range from 425 square feet to 1,784 square feet, offering options for various lifestyle needs. The Average Price: $983 / sq. ft. positions Murano competitively within the Bay Street Corridor market.

Each suite features floor-to-ceiling windows and generous ceiling heights that maximize natural light. Kitchens showcase Italian Scavolini cabinetry, creating sophisticated cooking spaces that serve as focal points for entertaining.

Most units include private balconies, providing valuable outdoor space in Toronto's downtown core—a rare amenity that enhances the urban living experience.

4 - Building Amenities & Features

• Two-storey recreational podium with an indoor pool featuring a retractable roof
• Fitness centre and aerobics studio for comprehensive wellness programs
• Third-floor lounging area with a private outdoor running track
• Landscaped outdoor area and rooftop garden spaces
• Glass-themed public art installations throughout common areas
• 24-hour concierge and security services
• Lobby featuring Italian-designed furniture
• On-site visitor parking for guest convenience

5 - Location Highlights

• Parks: Queen's Park and the Allan Gardens greenhouse provide green space within walking distance
• Culture: The Royal Ontario Museum, Gardiner Museum, Art Gallery of Ontario, and Buddies in Bad Times Theatre are all within a 20-minute walk
• Transit: Direct access to the College Street streetcar and the Yonge subway line
• Education & Health: The University of Toronto St. George campus and Discovery District hospitals are nearby
• Shopping: The Toronto Eaton Centre and Yonge Street retail corridor offer extensive shopping options

6 - Lifestyle Near Murano

The Bay Street Corridor attracts professionals from finance, education, research, and healthcare sectors. This strategic location places residents between the Financial District and Hospital Row, creating an ideal hub for urban professionals.

The neighbourhood blends historic architecture with modern high-rise developments, creating visual interest and character. Local amenities include diverse dining options, cultural venues, and retail establishments that reduce commute times to major employment centres.

This environment suits those who value proximity to both work and leisure activities, with easy access to Toronto's cultural institutions and entertainment districts.

7 - About the Developer

H&R Developments led the Murano project, completing the complex between 2008 and 2010. The developer collaborated with Lanterra Developments and Dov Capital Corporation to deliver this significant addition to the Bay Street corridor.

The project contributed to the transformation of the Bay Street streetscape, working in coordination with the neighbouring Burano development to create a cohesive urban renewal initiative in this prime Toronto location.