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    1602 - 297 College St

    For SaleThe College Condo at Spadina
    $1,100,000
    2 Beds
    2 Bath
    1 Parking
    808 SQFT
    67 Days on Strata
    Est Sell Timeframe
    27 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $740/mth
    Taxes:
    $4,624 (2023)
    Cost Per Sqft:
    $1,361/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South East
    Possession Date:
    September 2, 2024
    Laundry:
    Ensuite
    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
    Electric
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Open Concept, Combined with Dining, Walkout To Terrace
    12.11 x 14.6ft
    Dining
    East View, Walkout To Terrace, Windows Floor to Ceiling
    12.11 x 14.6ft
    Living
    Combined with Dining, Windows Floor to Ceiling, Laminate
    39.73 x 14.6ft

    About this Listing

    Welcome to 297 College St, Unit 1602 a rare find in Downtown Torontos Kensington Market. This modern, open-concept 2-bedroom, 2-bathroom condo features 808 sqft of stylish interior space and an expansive 1102 sqft terrace with stunning Southeast views of downtown Toronto and the CN Tower. Natural light pours in through large windows, creating a bright and airy atmosphere. The unit comes with a storage locker and parking space for added convenience.You'll be steps away from eclectic shops, diverse dining options, and vibrant street life. The building includes a T&T Supermarket, and the TTC is easily accessible, making commuting a breeze.The University of Torontos St. George campus is just a 5-minute walk away. Whether you're an investor or looking for a new home, this condo offers an unparalleled opportunity in a prime location. Don't miss out on this unique chance to experience Downtown living at its finest!

    ExtrasBbq, Oven, Cooktop, Fridge, Dishwasher, Washer/Dryer, Existing Window Coverings, And ExistingElectrical Light Fixtures Included, Parking and Locker

    property.ca inc.MLS® #C9005324


    Amenities

    Concierge
    Media Room
    Games Room
    Rec Room
    Rooftop Deck
    Business Centre

    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!

    Similar Listings

    Demographics

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

    Population
    7,191
    Average Individual Income
    $60,939
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $88,765
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    31%
    35 - 49
    19%
    50 - 64
    17%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    53%
    Detached
    29%
    Semi Detached
    9%
    Low Rise Apartment
    5%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    68%
    Mandarin
    13%
    Cantonese
    11%
    Tamil
    3%
    Telugu
    2%
    Tagalog
    1%
    Hindi
    1%
    Korean
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    16%
    Social Sciences
    12%
    Math & Computer Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The College Condo at Spadina vs The Kensington Market Area

    Days on Strata

    Units at The College Condo at Spadina spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 7 condos in the Kensington Market area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    36
    Units were Rented over the past twelve months

    Best Value Rank

    The College Condo at Spadina offers the
    ?
    best value out of 7 condos in the Kensington Market neighbourhood

    Appreciation Rank

    The College Condo at Spadina has the
    ?
    highest ROI out of 7 condos in the Kensington Market neighbourhood

    Rental Yield

    The College Condo at Spadina yields the
    ?
    highest rent prices out of 7 condos in the Kensington Market neighbourhood

    High Demand

    The College Condo at Spadina is the
    ?
    most popular building out of 7 condos in the Kensington Market neighbourhood

    Transaction Insights at 297 College Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$580,000 - $655,000$820,888 - $838,000$880,000 - $959,888No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,158$1,132$1,071No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data134 Days80 Days138 Days256 Days355 DaysNo Data
    Ratio of Units in Building1%29%39%20%5%8%1%

    Transactions vs Inventory

    Total number of units listed and sold in Kensington Market