$409,000
For sale: Apartment

Greatly reduced price! This is the unique opportunity you have been waiting for, do not miss it. Best price for a one bedroom unit with the full package in the University of Toronto neighbourhood. Price includes underground parking spot and locker! Opportunity to live in a boutique condo building in a fantastic central location, steps to University of Toronto campus and the Art Gallery of Ontario. This spacious and functional layout 1 bedroom unit offers tremendous value with generous living space. Ensuite laundry included. This is a Vacant empty unit (never tenanted) and in good condition to move right in. Floors recently refinished and the unit freshly painted. This is a very peaceful and quiet building. Perfect for first time buyers, investors or as a pied-à-terre in the city. So central but with a neighbourhood feel close to Chinatown, Queen Street's trendy shops, Kensington Market, Baldwin Village and Grange Park. The big downtown hospitals are within walking distance as is the financial core. Extremely convenient location with 100 walk score and 99 transit score.
Sold data
Homes in Kensington Chinatown took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $659,000.
Homes sold for about 4.9% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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