720 Spadina Ave 706
University, Downtown Toronto, M5S 2T9
FOR SALE
$345,000
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BEDROOMS1
BATHROOMS1
KITCHENS2 + 1
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Property Description
Attention First Time Home Buyer & Investors *Well Managed Co-Ownership Building *Best Priced Bachelor Unit In Best Location *Just South Of Bloor St *Super Convenience Steps To U of T, TTC, Dining, Shopping & Hospitals *Open Concept Living Area W/Wall To Wall Large Window, Large Closet & A Walk-In Pantry *Sliding Glass Doors Walkout To Large Balcony With Great South Views Of City **Amenities Including Rooftop Terrace, Exercise Room, Weight Room & Sauna Room ****Note. % Interest is 0.479% *Proportionate Share is 0.5629%
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Extras
All Offers Conditional Upon Board Approval For Minimum 7 Banking Days *Buyer To Complete The Purchaser Approval & Submit To The Board W/Credit Report & 3 References Upon Acceptance Of The Offer.
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
Other
Heat Included
Yes
Heat Type
Other
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Rental
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.60' x 18.21' | Picture Window, Sliding Doors, W/O To Balcony |
| Kitchen | Main | 6.00' x 7.32' | Picture Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
720 Spadina Ave 706 is a 0-bedroom 1-bathroom condo listed for sale at $345,000, which is $72,185 (17.3%) lower than the average sold price of $417,185 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $8,859 (2.2%) compared to the previous 30 day period (October 18 - November 16) and down $15,725 (3.6%) from the same time one year ago.Inventory Change
There were 45 0-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 40.8% compared with the previous 30 day period (October 18 - November 16) and up 18.4% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($13,231) (3.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $617 decrease compared to the previous 30 day period (October 18 - November 16) and ($10,215) 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 (November 17 - December 16) stood at 44.4%, up from 34.2% over the previous 30 days (October 18 - November 16) and down from 50.0% 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 24 days when successfully sold over the last 30 days (November 17 - December 16), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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