720 Spadina Ave 1501
University, Downtown Toronto, M5S 2T9
FOR SALE
$469,000
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Property Description
Lovely, Bright, Spacious, Reno'd Suite with Great Layout. Gorgeous Bamboo Floors. Custom Work Space & Bookshelves in Lvg. Huge balcony offers spectacular views of city. Grand Bdrm w/double closet & organizers. Custom Linen Closet & Lrg Ensuite locker. Reno'd 4-Pc bath. Outdoor pool, Exercise rm & Sauna. Steps to Miles Nadal Community Ctr, U Of T, Spadina Subway/Streetcar, Bloor W, Annex, Harbord Village, Shops, Restaurants & Cafes - The Perfect Downtown location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-28 | 2023-07-10 | 12 | $2,650 | $2,650 | Leased |
| 2023-03-01 | 2023-04-23 | 53 | $529,000 | - | Terminated |
| 2021-11-16 | 2022-01-04 | 49 | $498,000 | $487,500 | Sold |
Extras
Existing S/S Fridge, Stove, Bosch Dw, All Elfs. All Window Coverings. Amenities: Outdoor Pool, Exercise Room, Laundry On Even Numbered Flrs. Underground Parking Rental Available$125/mo. All Property Tax/Utilities included in monthly maint.
Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Co-Ownership Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,087 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 20.34' x 18.90' | Combined W/Dining, Hardwood Floor, B/I Bookcase |
| Dining | Flat | 20.34' x 18.90' | Combined W/Living, Hardwood Floor, W/O To Balcony |
| Kitchen | Flat | 8.69' x 7.32' | Stainless Steel Appl, Tile Floor, Granite Counter |
| Bathroom | Flat | 7.22' x 4.89' | 4 Pc Bath, Tile Floor |
| Foyer | Flat | 354.33' x 5.97' | Closet, Ceramic Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
720 Spadina Ave 1501 is a 1-bedroom 1-bathroom condo listed for sale at $469,000, which is $106,075 (18.4%) lower than the average sold price of $575,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,318 (0.2%) compared to the previous 30 day period (August 6 - September 4) and down $40,408 (6.6%) from the same time one year ago.Inventory Change
There were 1,789 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 62.6% compared with the previous 30 day period (August 6 - September 4) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,029) (1.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,920 decrease compared to the previous 30 day period (August 6 - September 4) and ($7,551) 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 (September 5 - October 4) stood at 28.7%, down from 47.9% over the previous 30 days (August 6 - September 4) and up from 26.4% 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 30 days when successfully sold over the last 30 days (September 5 - October 4), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices Toronto Realty
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