$348,000

For sale

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#805 720 Spadina Avenue, Toronto (University) - Single Family for Sale

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

0 beds1 bath0 parking ft²

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

1 bd1 ba250 ft²+$439/mo

Listed by PROPERTY.CA INC.

#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.

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

For sale

35 days ago

$240K

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

1 ba1 pk250 ft²+$724/mo

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

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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$348,000

Toronto

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$695/mo condo fee

Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $348,000, it is attractively priced about 38% below the $565,000 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 79 days.

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

Description

Prime Location Meets Value! Perfect for First-time buyers and Savvy Investors, this bright bachelor unit offers an incredible opportunity south of Bloor! Enjoy worry-free living in a well -managed building boasting top-tier amenities: a Serene rooftop garden, Outdoor pool, sauna, exercise and weight rooms, and 24/7 convenience. Unbeatable lifestyle location-steps to U Of T , Vibrant Shops, dining and supermarkets, with the TTC right at your front door. Vacant and ready for immediate possession. Don't miss this downtown entry-level gem! (id:66096)

Property Details

MLS®: C14091814
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $695/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Freehold
Listed: 17 days ago

Rooms

Flat

Living room: 5.55 x 3.84 meters
Dining room: 5.55 x 3.84 meters
Eating area: 3.43 x 3.4 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, Stove, Dryer
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (University) listings, avg age

79d

Price / ft²

$1,395

List price

$348K

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 17 days, which is 62 days fresher than the city average of 79. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · ROBERT MARINO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5S)

This home lists at $348,000, about 5.0× the local median household income of $70,000.

Carrying it typically needs a household income of about $67,977 (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)

$348,000· $1,395/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,400

Min 5%50%

Mortgage payment$1,833/mo

↳ CMHC premium ($13,224 capitalized)

Est. property tax$0/mo

Condo fee$695/mo

Total monthly$2,528

Cash Needed to Close

Down payment (5%)$17,400

Land transfer tax$7,390

Est. closing costs$3,544

Total cash needed$28,334

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