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    The College Condo at Spadina

    297 College Street

    3for Sale
    5for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    13
    Number of Units:
    226
    Condo Completion:
    2016
    Condo Demand:
    High
    Unit Size Range:
    400 - 1,154 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The College Condo at Spadina

    Amenities

    Rooftop Deck
    Business Centre
    Concierge
    BBQ
    Bike Storage
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 297 College StreetThe College Condo at Spadina

    Tribute Communities’ mixed-used development at 297 College Street attracts many prospective buyers with its state-of-the-art luxury homes — luxury being a rarity in the Kensington Market neighbourhood. Aptly named the College Condo at Spadina, this building boast a distinctively contemporary character, set in a downtown neighbourhood filled with plenty of history.

    Completed in 2016, 297 College stands at 15 storeys tall. The illustrative design by Core Architect projects a sense of joy that evokes the eclectic character of Kensington Market. Facing east towards Kensington, the College Condo at Spadina showcases a myriad of colourful glass balconies, which reflect the spectrum of shades and hues found within the market itself.

    Less colourful yet equally as stylish, 297 College features of a black brick podium that’s home to retail businesses on the ground level. Moreover, this podium features chic, elongated window frames, whose contemporary aesthetic sets the tone for the series of tiered volumes above.

    The upper levels at The College Condo at Spadina extend outside of the units throughout nearly the entirety of the tower. This creates long wrap around balconies, partitioned into private outdoor spaces where residents can spend time enjoying some truly captivating views of the city.

    When residents aren’t hanging out in Kensington Market, nor relaxing in their own homes, those who call this building home spend time enjoying the extensive set of amenities. This includes a cinema, an exercise room, a party room and a billiards room.

    The Suites

    Courtesy of the layouts, designed by the innovative Patton Design Studio (formerly Bryon Patton & Associates), 297 College is filled with 226 impressive downtown Toronto condos. Whether seeking one bedroom or a one bedroom plus den suites, which start at around 700 square feet, two-bedroom units ranging from approximately 800-1,000 square feet, or a three-bedroom home that spans over 1,000, there are Toronto condos for sale here for everyone. Each suite is comfortable and luxurious, and all extend out onto private balconies or terraces — some even boasting access to two.

    Moreover, the details give the suites a cool, contemporary vibe — appropriately complemented by environmentally friendly features. Residents have individual control over their suites’ high-tech heating and air conditioning system, with meter on site to help gauge each home’s energy use — although the readings are often low thanks to the water efficient faucets placed in every suite.

    The Neighbourhood

    Those living in the College Condos at Spadina can easily explore the excitement of Kensington Market at their own pace — there’s no rush since it’s right next door. Many of this neighbourhood’s most popular cafés, restaurants, pubs, and clubs are around the corner from 397 College, along the north end of Augusta Avenue.

    Additionally, further south on Augusta, a few local and organic markets line the street. Also here is where one can find Perola’s, a cherished grocery store stocking Latin-American goods that are difficult to find elsewhere in the city. When residents need to stock up on essentials, though, the Independent City Market sits conveniently at the ground floor of their home, proving to be quite the convenience.

    Transportation

    With the building sitting directly on College, a major downtown street, and so close to Spadina as well, those living at The College Condo at Spadina are well served by public transit. There are reliable streetcar options running on both College and Spadina, each of which carry riders to connections onto the subway in about ten minutes from 297 College.

    Alternatively, both College and Spadina serve drivers well, especially for those traveling around the immediate area. And Spadina — with an effective partition separating lanes for streetcars and private vehicles — leads south directly to the Gardiner Expressway in just about ten minutes.

    3

    Listings For Sale

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    5

    Listings For Rent

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    Nearby Amenities

    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!

    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
    Household Income
    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%

    Price Trends

    Days on Strata

    Units at The College Condo at Spadina spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    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

    31
    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 Data$685,700$580,000 - $735,000$780,000 - $838,000$880,000 - $959,888No DataNo Data
    Avg. Cost Per SqftNo Data$1,193$1,177$1,071$1,071No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data120 Days85 Days144 Days256 Days355 DaysNo Data
    Ratio of Units in Building1%30%38%20%5%8%1%

    Maintenance Fees

    The College Condo at Spadina vs The Kensington Market Area

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