373 Spadina Ave
Kensington-Chinatown, Downtown Toronto, M5T 2G3
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BEDROOMS1
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ROOMSC3740211
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Property Description
A Great Opportunity To Own Property In Downtown Toronto Chinatown! Newly Fully Renovated Main Level Commercial/Retail & 2nd 2Brm Apt W/Separate Ground Level Front Door Entrance. 11'9 Ft High Ceiling. One Of The Deepest Lots In The Area. 140 Feet Deep Lot W/2 Parking Spots. A Public Wide Paved Lane Behind The Property. A Huge Patio At The Back Of The Ground Floor. Ground Floor And Bsmt Are Vacant. 2nd Floor 2Brm Apt Is Rented For $2000/Month***
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Extras
*(Contin)The Lease Will End On Aug,31st 2017* Buyer Can Assume The Tenants Or Take The Vacant Procession. Income,Expenses & Measurements To Be Verified By Buyer & Agent. Upstairs Fridge, Stove & Hoodfan.
Property Features
Library, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Store W/Apt/Offc, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
17' x 140'
Fronting
East
Taxes
$13,016 (2106)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | 2nd | 10.99' x 21.59' | Combined W/Living, Open Concept, Combined W/Dining |
| Living | 2nd | 10.99' x 21.59' | Combined W/Kitchen, Open Concept, Combined W/Dining |
| Master | 2nd | 15.09' x 11.81' | Large Window |
| Master | 2nd | 12.20' x 9.91' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
373 Spadina Ave is a 2-bedroom 1-bathroom condo listed for sale at $1,880,000, which is $1,075,400 (133.7%) higher than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.Inventory Change
There were 1,466 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Cimerman Real Estate Limited, Brokerage
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