720 Spadina Ave 1004
University, Downtown Toronto, M5S 2T9
FOR SALE
$335,000
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BEDROOMS1
BATHROOMS1
KITCHENS2
ROOMSC12013707
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Property Description
Ideal for investors or parents seeking a student residence, this recently renovated bachelor unit offers a prime University location. Enjoy abundant natural light from south-facing windows, a large balcony, and immediate access to transit, shopping, and the University of Toronto. Shared laundry is conveniently located across the hall. Rental parking is available. This property presents a solid investment opportunity in a high-demand area.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Co-Ownership Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.37' x 17.85' | Vinyl Floor, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 12.37' x 17.85' | Combined W/Living, Open Concept |
| Br | Flat | 12.37' x 17.85' | Vinyl Floor, Combined W/Living, Open Concept |
| Kitchen | Flat | 6.27' x 7.15' | Vinyl Floor, Updated, South View |
| Bathroom | Flat | 5.64' x 6.82' | Vinyl Floor, 4 Pc Bath, Updated |
| Other | Flat | 3.31' x 5.15' | W/I Closet, Vinyl Floor |
| Other | Flat | 6.33' x 18.14' | Balcony, Se View, Sw View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
720 Spadina Ave 1004 is a 0-bedroom 1-bathroom condo listed for sale at $335,000, which is $43,125 (11.4%) lower than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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