Chinatown Centre Residence
5Listings for Salefor Sale
0Listings for Rentfor Rent
222 Spadina Ave & 99 Cameron St
Chinatown Centre Residence
5Listings for Salefor Sale
0Listings for Rentfor Rent
Walk Score
100
Transit Score
100
Bike Score
75
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
low
Property Type
Condo
Developer
Mollenhauer Construction
Condo Completion
1991
Property Management
Shiupong Property Management Ltd.
Unit Size Range
993 - 1600 SQFT
Number of Units
124
Number of Storeys
8

222 Spadina Ave, Toronto

About this condo

Condo Overview

Readers who are familiar with the phrase “they don’t build ‘em like that anymore” can keep that in mind when considering the Chinatown Centre Residence. The building has been standing at 222 Spadina Avenue and 99 Cameron Street in the Chinatown neighbourhood since 1991, which means it’s basically vintage by this point. Yet rather than feel dated, the 8-storey structure appears both durable and timeless.

Built by Mollenhauer Construction, 222 Spadina contains 124 suites. And while the name suggests that the building caters to the Chinese community who have historically taken up residence in the neighbourhood, the Chinatown Centre Residence is most certainly welcome to all.

Situated on top of its namesake shopping mall, the Chinatown Centre, living at 222 Spadina means never having to travel far to grab a bite to eat, stock up on Chinese herbs and spices, or even to get a manicure. In terms of amenities within the condo itself, residents have access to a concierge, sauna, and underground parking – the latter being vital for drivers thinking about living in this dense neighbourhood.

The Suites

The range of Toronto condos available at 222 Spadina certainly doesn’t spark much jealousy between neighbours. Homes start at around 1,000 and read to approximately 1,400 square feet, and contain one bedroom, two bedrooms, two bedrooms plus a den, or three bedrooms. While 1,000 square feet isn’t necessarily enormous, these homes feel much roomier than many of the cramped Toronto condos for sale today.

The Neighbourhood

There may be multiple ‘Chinatowns’ in Toronto, however when someone mentions the name without specifying which one, they’re almost always referring to the area around Dundas Street and Spadina Avenue. This Chinatown emerged in the 1950s and grew rapidly through the 1960s, and while its Chinese character remains strong today, the neighbourhood is now home to new immigrants from across the globe, as well as second and even third generation Canadians.

One of the best reasons to visit Chinatown has to be for the food. Residents living at 99 Cameron Street can stock up on groceries that are hard to find elsewhere — like fresh lemongrass, lychees, and fresh tofu — without leaving the neighbourhood. Those who don’t feel like cooking, on the other hand, can stroll down Spadina until they find a spot for Peking duck or fresh dumplings.

Chinatown also happens to be surrounded by attractions, including Kensington Market, the Art Gallery of Ontario, and Queen and King Streets West. With an address like 222 Spadina, it’s pretty much impossible to run out of things to do.

Transportation

Living right on Spadina means residents of the Chinatown Centre Residence have plenty of options for getting around the city. Streetcars travelling up and down Spadina, for example, offer access to Spadina Subway Station, as well as neighbourhoods like the Annex to the north and the Entertainment District to the south. Even drivers living at 222 Spadina will love the fact that they can reach the Gardiner Expressway by simply heading south along Spadina Avenue.

The walk over to St. Patrick Station on the University-Spadina line also takes just around 15 minutes, and those hoping to reach this station in a hurry can shave off a few minutes by hopping on the Dundas streetcar.

5

Listings For Sale

0

Listings For Rent

Interested in receiving new listings for rent?

Amenities

Security System
Concierge
Underground Parking
Party/Meeting Room
Squash Racquet Court

Maintenance Fees Cover

Maintenance fees include

None

Owner / renter pays separately

Hydro
Heat
Air Conditioning
Water

Past Sold & Rented Listings

Stats, Trends & Rankings

Price Per Square Foot
Chinatown Centre Residence vs The Chinatown Area

$283.00
Less Expensive
per SQFT compared to the neighbourhood average
Chinatown Centre Residence's Avg
price per SQFT
$634
/ SQFT
Neighbourhood Avg
price per SQFT
$917
/ SQFT

Building Trends At Chinatown Centre Residence

Days on Market

Units at Chinatown Centre Residence spend an average of
23
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
14%
above
the list price.

Offer Competition

Condos in this building have a

HIGH
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
17.6
YEARS before being sold again

Property Value

9%
Increase in property value within the past twelve months

Price Ranking

6th
Highest price per SQFT out of 9 condos in the Chinatown area

Sold Units

3
Units were Sold over the past twelve months

Rented Units

0
Units were Rented over the past twelve months

Best Value

Chinatown Centre Residence offers the
?
best value out of 9 condos in the Chinatown neighbourhood

Return on Investment

Chinatown Centre Residence has the
?
highest ROI out of 9 condos in the Chinatown neighbourhood

Rental Yield

Chinatown Centre Residence yields the
?
highest rent prices out of 9 condos in the Chinatown neighbourhood

High Demand

Chinatown Centre Residence is the
?
most popular building out of 9 condos in the Chinatown neighbourhood

Sales vs Rental Values For This Condo

2 Bed1095 - 1095 SQFT
Average Cost Per Sqft$455
Sales Price Range$650,888 - $650,888
Rental Price Range
N/A
2 Bed + Den1299 - 1299 SQFT
Average Cost Per Sqft$615
Sales Price Range$919,888 - $919,888
Rental Price Range
N/A
3 Bed + Den1200 - 1200 SQFT
Average Cost Per Sqft$615
Sales Price Range$720,000 - $720,000
Rental Price Range
N/A

How Often Are Units Listed?

2 Bed993 - 1380 SQFT
Average Sales Availability
Every259Days
Average Rental Availability
N/A
Ratio of Unit Type in Building68%
2 Bed + Den1099 - 1299 SQFT
Average Sales Availability
Every1289Days
Average Rental Availability
N/A
Ratio of Unit Type in Building21%
3 Bed
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building9%
3 Bed + Den1161 - 1200 SQFT
Average Sales Availability
Every560Days
Average Rental Availability
N/A
Ratio of Unit Type in Building4%

Maintenance Fees
Chinatown Centre Residence vs The Chinatown Area

$0.07
Less Expensive
per SQFT compared to the neighbourhood average
Chinatown Centre Residence's Avg
monthly maintenance
fee per SQFT
$0.60
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.67
/ SQFT

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