188 Spadina Ave 305
Kensington-Chinatown, Downtown Toronto, M5T 3A4
FOR SALE
$599,000
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BEDROOMS2
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Property Description
Great location and attractively priced for a quick sale. This condo in the heart of downtown is an unmissable opportunity, boasting over 1400 sqft of living space, IT features, floor to ceiling window that invite abundant natural light and fresh air, creating an open airy atmosphere. Don't let this chance
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-27 | 2024-07-31 | 95 | $999,999 | - | Expired |
| 2023-12-12 | 2024-03-10 | 89 | $1,090,000 | - | Expired |
Nearby Intersections
King & Bathurst (408)
Queen & Spadina (185)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$2,700 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B4)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
188 Spadina Ave 305 is a 2-bedroom 2-bathroom condo listed for sale at $599,000, which is $173,968 (22.5%) lower than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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