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    Toronto / Downtown / CityPlace

    711 - 4K Spadina Ave

    For SaleNeo - CityPlace
    $540,000
    1 Bed
    1 Bath
    1 Parking
    560 SQFT
    7 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $499/mth
    Taxes:
    $2,132 (2023)
    Cost Per Sqft:
    $964/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Flexible
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, East View
    10.34 x 8.14ft
    Dining
    Combined with Living, Walkout To Balcony, Laminate
    11.09 x 4.43ft
    Kitchen
    Open Concept, Modern Kitchen, Laminate
    11.81 x 3.94ft

    About this Listing

    ATTENTION BUYERS! This is the one! Seize the opportunity to own this beautiful 1-bedroom, 1-bathroom condo right in the heart of downtown Toronto. Featuring sleek laminate flooring, impressive floor-to-ceiling windows, and a spacious open-concept design, this stunning suite offers breathtaking urban views of the CN Tower, Rogers Centre, and the lake. Situated next to The Well, you'll have easy access to dining and shopping options. The condo includes 1 parking spot, 1 locker, and ensuite laundry for your convenience. Visitor parking and nearby amenities such as the trendy restaurants on King and Queen St, entertainment venues, and public transit will keep you immersed in this vibrant community. With Sobeys Urban Fresh conveniently located on the ground floor, you have everything.

    luxe home town realty inc.MLS® #C11895652

    Amenities

    Concierge
    Indoor Parking
    Indoor Pool
    Rooftop Deck
    Party Room
    Rec Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,897
    Average Individual Income
    $60,210
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $103,882
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    20 - 34
    31%
    35 - 49
    20%
    50 - 64
    16%
    65+
    15%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    33%
    Semi Detached
    6%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Telugu
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    46%
    High School
    21%
    College
    13%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Math & Computer Sciences
    11%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Neo - CityPlace vs The CityPlace Area

    Building Trends At Neo - CityPlace

    Days on Strata

    Units at Neo - CityPlace spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in CityPlace

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 29 condos in the CityPlace area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    Neo - CityPlace offers the
    ?
    best value out of 29 condos in the CityPlace neighbourhood

    Appreciation Rank

    Neo - CityPlace has the
    ?
    highest ROI out of 29 condos in the CityPlace neighbourhood

    Rental Yield

    Neo - CityPlace yields the
    ?
    highest rent prices out of 29 condos in the CityPlace neighbourhood

    High Demand

    Neo - CityPlace is the
    ?
    most popular building out of 29 condos in the CityPlace neighbourhood

    Transaction Insights at 4K Spadina Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$618,000 - $660,000$615,000 - $685,000$800,000$889,000 - $939,000
    Avg. Cost Per SqftNo Data$980$948$1,084$1,015
    Avg. Wait for Unit AvailabilityNo Data59 Days63 Days126 Days137 Days
    Ratio of Units in Building1%43%30%14%14%

    Transactions vs Inventory

    Total number of units listed and sold in CityPlace