$459,000

For sale

#1203 736 Spadina Avenue, Toronto (University) - Single Family for Sale

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

1 bed1 bath0 parking250 ft²$439/mo condo feeListed 13 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $459,000, it is attractively priced about 19% below the $565,000 median asking price in Toronto. It has been on the market 13 days, fresher than the Toronto average of 79 days.

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Description

Modern city living in the desirable Annex Community with a prime downtown location along Bloor Street and next to Spadina Subway Station. Convenient shops, cafes and restaurants and transit right at your doorstep. This particular unit is a well-appointed 1 bedroom layout. The unit has In-Suite Laundry, Large South-West facing Balcony with beautiful city and residential views. The unit comes with a security system. 1 Locker is included for additional storage. Residents enjoy outstanding updated Amenities: Rooftop Terrace With 360 City Views & BBQs, a Fully-Equipped Gym, Party Room, Billiards room, 2 Guest Suites, And 24-Hour Concierge. This In An Unbeatable Location just steps to University Of Toronto, Yorkville, The Royal Ontario Museum, Spadina Station & so much More. Enjoy the lifestyle of living downtown In the heart Of The Annex. Professionally managed property management makes this an excellent investment for all. (id:66096)

Property Details

MLS®: C14107688
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $439/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,791.36/yr
Listed: 13 days ago

Rooms

Main level

Bedroom: 3.1 x 3.11 meters
Kitchen: 4.88 x 3.05 meters
Living room: 4.88 x 3.05 meters
Foyer: 3.96 x 1.47 meters
Bathroom: 2.44 x 1.52 meters

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

Features

Flooring: Tile, Hardwood
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (University) listings, avg age

79d

Price / ft²

$1,840

List price

$459K

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 1-bed single family in Toronto (University) has been listed for 13 days, which is 66 days fresher than the city average of 79. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · CHRIS MARQUEZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $459,000, about 6.6× the local median household income of $70,000.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — roughly 28% above 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)

$459,000· $1,840/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,950

Min 5%50%

Mortgage payment$2,418/mo

↳ CMHC premium ($17,442 capitalized)

Property tax (est.)$233/mo

Condo fee$439/mo

Total monthly$3,089

Cash Needed to Close

Down payment (5%)$22,950

Land transfer tax$11,310

Est. closing costs$3,877

Total cash needed$38,137

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