297 College St 1602
Kensington-Chinatown, Downtown Toronto, M5T 0C2
FOR SALE
$950,000
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Property Description
Welcome to 297 College St, Unit 1602 a rare find in Downtown Toronto's Kensington Market. This modern, open-concept 2-bedroom, 2-bathroom condo features 808 sqft of stylish interior space and an expansive 1102 sqft terrace with stunning Southeast views of downtown Toronto and the CN Tower Natural light pours in through large windows, creating a bright and airy atmosphere. The unit comes with a storage locker and parking space for added convenience. You'll be steps away from eclectic shops, diverse dining options, and vibrant street life. The building includes a T&T Supermarket, and the TTC is easily accessible, making commuting a breeze The University of Toronto's St. George campus is just a 5-minute walk away. Whether you're an investor or looking for a new home, this condo offers an unparalleled opportunity in a prime location. Don't miss out on this unique chance to experience Downtown living at it's finest! **EXTRAS** Bbq, Oven, Cooktop, Fridge, Dishwasher, Washer/Dryer, Existing Window Coverings, And Existing Electrical Light Fixtures Included, Parking and Locker
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2025-01-07 | 2025-01-23 | 16 | $1,056,000 | - | Terminated |
| 2024-10-25 | 2024-11-26 | 32 | $1,056,000 | - | Terminated |
| 2024-10-01 | 2024-10-25 | 24 | $1,100,000 | - | Terminated |
| 2024-07-02 | 2024-10-01 | 91 | $1,100,000 | - | Terminated |
| 2019-06-20 | 2019-06-22 | 2 | $3,000 | $3,300 | Leased |
| 2019-05-16 | 2019-07-25 | 70 | $999,000 | - | Terminated |
| 2019-04-24 | 2019-05-14 | 20 | $1,080,000 | - | Terminated |
Nearby Intersections
College & Spadina (13)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,624 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 14.60' x 12.11' | Open Concept, Combined W/Dining, W/O To Terrace |
| Dining | Main | 14.60' x 12.11' | East View, W/O To Terrace, Window Flr to Ceil |
| Living | Main | 14.60' x 39.73' | Combined W/Dining, Window Flr to Ceil, Laminate |
| Prim Bdrm | Main | 8.86' x 12.11' | Window, Large Closet, 3 Pc Ensuite |
| 2nd Br | Main | 8.60' x 10.10' | Sliding Doors, Closet, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
297 College St 1602 is a 2-bedroom 2-bathroom condo listed for sale at $950,000, which is $193,399 (25.6%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
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