$499,000
For sale: Apartment

Amazing value for this spacious condo in low rise boutique building in the heart of the City: Kensington Market, University of Toronto, Chinatown. Short walk to Little Italy, The Annex, Yorkville, U of T, Art Gallery of Ontario + all major Hospitals and downtown core. 851 Square Feet as per Mpac. Clean and modern interior. Hardwood parquet flooring. Balcony for outdoor space. Amazing central location! Lively & diverse neighbourhood with lots of character. Walking distance to trendy nightlife, cafes, vast array of dining options and cultural hot spots! Spadina streetcar + easy public transportation around town. Great for 1st time buyers or investors or savvy parents with kids at University. Great option for comfortable living space downtown. On the cusp of residential leafy neighbourhoods and downtown core. Not a tower shoebox! Laundry facilities for building on 4th floor. Bike Storage + Parking Rental Available In Building. 98 Walk Score. 99 Transit Score. 100 Bike Score. Tenant has given notice to terminate. Property will be vacant as of November 1.
Sold data
Apartment homes in Toronto (Kensington-Chinatown) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,826 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $569,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,826 recorded sales in the last 90 days. 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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