$240,000

#1203 736 Spadina Avenue, Toronto (University), Ontario, M5S2J6

For sale

13 days ago

$459K

#1203 736 Spadina Avenue, Toronto (University), Ontario, M5S2J6

1 bd1 ba250 ft²+$439/mo

Listed by PROPERTY.CA INC.

#805 720 Spadina Avenue, Toronto (University), Ontario, M5S2T9

For sale

17 days ago

$348K

#805 720 Spadina Avenue, Toronto (University), Ontario, M5S2T9

1 ba250 ft²+$695/mo

Listed by ROYAL LEPAGE TERREQUITY REALTY

#308 783 Bathurst Street, Toronto (University), Ontario, M5S0A8

For salePrice drop

20 days ago

$365K$380K

↓ $15K (4%) price drop

#308 783 Bathurst Street, Toronto (University), Ontario, M5S0A8

1 ba250 ft²+$352/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

225 Brunswick Avenue, Toronto (University), Ontario, M5S2M6

For salePrice drop

45 days ago

$1.20M$1.28M

↓ $84K (7%) price drop

225 Brunswick Avenue, Toronto (University), Ontario, M5S2M6

1 bd2 ba1,100 ft²+$368/mo

Listed by RIGHT AT HOME REALTY

Investment analysis

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$240,000

Toronto

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#1004 720 Spadina Avenue, Toronto (University) - Single Family for Sale

#1004 720 Spadina Avenue, Toronto (University), Ontario, M5S2T9

0 beds1 bath1 parking250 ft²$724/mo condo feeListed 35 days ago

Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. It has been on the market 35 days, fresher than the Toronto average of 79 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Exceptional location in the heart of "C01 - University". Renovated in 2023, this bright, south-facing bachelor unit awaits your design ideals to make it home. Wall-to-wall south-facing windows ensures generous natural light all year round. The south-facing balcony has over 100 square feet of outdoor space to enjoy sunny days and breathtaking night time city skyline views. Steps to Bloor Street TTC, Hospitals, Metro Supermarket, Miles Nadal JCC Community Centre and abundant shops and restaurants. 10 minutes to to the centre of the University of Toronto campus: Parents, this is a perfect space for your undergraduates.Rental Parking available at $150/month. Shared laundry directly across from Unit paid by renewable card. NOTE: Financing can be obtained through Parama Credit Union. (id:66096)

Property Details

MLS®: C13846184
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $724/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Freehold
Listed: 35 days ago

Rooms

Flat

Living room: 5.44 x 3.77 meters
Dining room: 5.44 x 3.77 meters
Bedroom: 5.44 x 3.77 meters
Kitchen: 2.18 x 1.91 meters
Bathroom: 2.08 x 1.72 meters
Other: 1.57 x 1.01 meters
Other: 5.53 x 1.93 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove
Flooring: Vinyl
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (University) listings, avg age

79d

Price / ft²

$962

List price

$240K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This single family in Toronto (University) has been listed for 35 days, which is 44 days fresher than the city average of 79. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · DON GAULT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $240,000, about 3.4× the local median household income of $70,000.

Carrying it typically needs a household income of about $46,880 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $70,000
Population: 17,074
Median age: 33.2
Owner / renter: 36% / 64%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5S)

$240,000· $962/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,000

Min 5%50%

Mortgage payment$1,264/mo

↳ CMHC premium ($9,120 capitalized)

Est. property tax$0/mo

Condo fee$724/mo

Total monthly$1,988

Cash Needed to Close

Down payment (5%)$12,000

Land transfer tax$4,250

Est. closing costs$3,220

Total cash needed$19,470

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice