The Penrose Condos — Toronto Pre-Construction
The Penrose is a resale pre-construction condos development by H and R Developments in Toronto's Discovery District. Get pricing, floor plans, deposit stru…
The Penrose Quick Facts
| Project Name | The Penrose |
|---|---|
| Developer | H and R Developments |
| Address | 750 Bay Street |
| City | Toronto |
| Neighbourhood | Discovery District |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 30 |
| Suite Sizes | 497 – 1 sq ft |
| Pricing | Register for pricing |
| Occupancy | 1999-01-01 |
| Walk Score | 99 |
| Transit Score | 100 |
About The Penrose in Toronto
The Penrose Condos is a completed condominium development by H and R Developments at 750 Bay Street in the Discovery District neighbourhood of Toronto. The 30-storey project rises 97 metres (318.2 feet) and contains 220 suites. Architecture is by E.I. Richmond Architects Ltd. The Penrose Condos was completed in 1999. Suites range from 497 to 1,177 sq. ft. The location has a Walk Score of 99 and a Transit Score of 100.
The Penrose is also marketed as The Penrose Condos, and listed in the developer's material as The Penrose Condos.
The Penrose Floor Plans & Price List
Floor plans, the current price list and deposit structure for The Penrose are released to registered buyers first. Request the The Penrose floor plans and pricing.
Amenities & Finishes
- ["-Gym / Exercise Room\r\n-Parking Garage\r\n-Security Guard\r\n-Pool\r\n-Pet Restrictions\r\n-Enter Phone System\r\n-Public Transit\r\n-Sauna"]
Location: 750 Bay Street
The Penrose is located at 750 Bay Street, Toronto in the Discovery District neighbourhood, Greater Toronto Area.
- Walk Score: 99/100
- Transit Score: 100/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: H and R Developments
The Penrose is being developed by H and R Developments, with architecture by E.I. Richmond Architects Ltd..
See all H and R Developments pre-construction projects.
How to Buy at The Penrose
- Register early. Allocation at The Penrose in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for The Penrose are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for The Penrose
Budget beyond the purchase price at The Penrose: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at The Penrose. Confirm each in the current agreement of purchase and sale before you sign.
The Penrose — Frequently Asked Questions
Where is The Penrose located?
The Penrose is located at 750 Bay Street, Toronto in the Discovery District neighbourhood.
Who is the developer of The Penrose?
The Penrose is being developed by H and R Developments.
How much do units at The Penrose cost?
Pricing for The Penrose has not been publicly released. Registered buyers receive the price list first.
When is occupancy at The Penrose?
Estimated occupancy for The Penrose is 1999-01-01.
How many units are in The Penrose?
The Penrose is planned as a 30-storey condo development.
How do I get platinum or VIP access to The Penrose?
Circle Real Estate provides platinum access to The Penrose, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for The Penrose pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-10-18. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.