4K Spadina Ave 1506
Waterfront Communities C1, Downtown Toronto, M5V 3Y9
FOR SALE
$649,000
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Property Description
This is the one! Don't miss out on this spacious, east-facing 1-bedroom, 1-bathroom condo located in the heart of downtown Toronto. This beautiful suite boasts laminate floors, floor-to-ceiling windows, an office nook, and an open-concept layout, offering stunning urban views of landmarks like the CN Tower, Rogers Centre, and the lake. Adjacent to The Well, residents can enjoy dining and shopping options. Included for your convenience are 1 parking spot, 1 locker, and ensuite laundry. Visitor parking and nearby amenities such as trendy restaurants on King and Queen St, entertainment venues, and public transit will immerse you in the center of this vibrant community. Sobeys Urban Fresh is conveniently located on the ground level of this condo building. Excellent on-site amenities including an exercise room, 24-hour concierge, indoor pool, sauna, rooftop patio, bike storage, car wash, and more make it a perfect urban oasis.
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Extras
1 PARKING & 1 LOCKER Included. Walking Distance To The Well, Lake Ontario, Rogers Centre, CN Tower, Scotiabank Arena, Trendy King St & Queen St, Restaurants, Entertainment, TTC and Highway at doorstep. CN Tower/Lake View.
Nearby Intersections
Front & Spadina (251)
Spadina & Fort York (131)
King & Bathurst (355)
Spadina & Bremner (44)
Bathurst & Lakeshore (259)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,205 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (L3)
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
4K Spadina Ave 1506 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $47,083 (7.8%) higher than the average sold price of $601,917 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,090 (0.2%) compared to the previous 30 day period (February 29 - March 29) and down $26,514 (4.2%) from the same time one year ago.Inventory Change
There were 1,661 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is up 18.6% compared with the previous 30 day period (February 29 - March 29) and up 52.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,691) (1.3%) below asking price over the last 30 days (March 30 - April 28), which represents a $3,380 increase compared to the previous 30 day period (February 29 - March 29) and ($2,622) 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 1-bedroom condos in Downtown Toronto over the last 30 days (March 30 - April 28) stood at 39.1%, down from 44.8% over the previous 30 days (February 29 - March 29) and down from 75.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 30 - April 28), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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