$775,000

$800,000For salePrice drop↓ $25,000 (3%)

#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

18 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

22 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.

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

For sale

36 days ago

$240K

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

1 ba1 pk250 ft²+$724/mo

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Investment analysis

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$775,000

Toronto

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#1211 736 Spadina Avenue, Toronto (University) - Single Family for Sale

#1211 736 Spadina Avenue, Toronto (University), Ontario, M5S2J6

2 beds2 baths1 parking750 ft²$761/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 56 days, fresher than the Toronto average of 80 days.

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

Description

Beautiful Mosaic Condominiums. Only 21 floors of modern city living spaces in the desirable Annex Community. Residents will come to love about Mosaic is its prime downtown location, with a ton of convenient shops, cafes and restaurants right at your doorstep. This particular unit is a well-appointed split 2 bedroom, 2 bathroom layout. Additional Highlights include the large Walk In Closet at the front foyer, In-Suite Laundry, Large South facing Balcony with beautiful city and residential views, 1 Parking Space, And 1 Locker (directly within park spot). Residents enjoy outstanding updated Amenities: Rooftop Terrace With 360 City Views & BBQs, Fully-Equipped Gym, Party Room, Billiards, 2 Guest Suites, And 24-Hour Concierge. All Of This In An Unbeatable Location just steps to Bloor Street, Spadina Subway, University Of Toronto, Yorkville (Toronto's Premier Luxury Neighbourhood), The Royal Ontario Museum, The Royal Conservatory Of Music, Miles Nadal JCC & More. Enjoy the lifestyle of living In the heart Of The Annex. Professionally managed property management makes this an excellent investment for all. Some photos are virtually staged. (id:66096)

Property Details

MLS®: C13768982
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $761/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,004/yr
Listed: 56 days ago

Rooms

Main level

Kitchen: 2.7 x 3.5 meters
Living room: 5.2 x 3.5 meters
Dining room: 5.2 x 3.5 meters
Bedroom 2: 2.64 x 2.49 meters
Primary Bedroom: 3.5 x 2.72 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Toronto (University) listings, avg age

80d

Price / ft²

$1,034

List price

$775K

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 2-bed single family in Toronto (University) has been listed for 56 days, which is 24 days fresher than the city average of 80. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · FRANK LEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $775,000, about 11.1× the local median household income of $70,000.

Carrying it typically needs a household income of about $151,385 (20% down, 25-yr amortization, stress-tested) — roughly 116% 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)

$775,000· $1,034/ft²

For sale

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Full Cost Breakdown

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Down Payment6.77% · $52,500.00

Min 6.77%50%

Mortgage payment$4,006/mo

↳ CMHC premium ($28,900 capitalized)

Property tax (est.)$334/mo

Condo fee$761/mo

Total monthly$5,100

Cash Needed to Close

Down payment (6.77%)$52,500

Land transfer tax$23,950

Est. closing costs$4,825

Total cash needed$81,275

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