$599,000 - 4K Spadina Avenue Unit 727, Downtown Toronto
Condo for Sale in Downtown Toronto
34 days on market- MLS Number
- C13136514
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this incredible building at 4K Spadina in the NEO! This is your chance to own a stunning 2 bathroom, 2 bedroom unit with 755 sq. ft. of prime living space. The layout is the standout. A combined living and dining area sits at the heart of the suite - open, well-proportioned, and genuinely versatile in a way that most Toronto condos aren't. There's no furniture compromise here. No choosing between a proper dining table and a sectional that actually fits. There's room for both - and room to move between them without negotiating the space. The kitchen is sleek and contemporary and there's even a proper nook for an office space!Two well sized bedrooms with the primary offering floor-to-ceiling windows and great storage. Convenient use of bathrooms offers a semi ensuite to both bedrooms, and a powder room for guestsThe suite has a fabulous large balcony that looks out over a tree-lined garden - west-facing, peaceful, the kind of view that makes you enjoy some calm in your urban oasis. Morning coffee with green below you and afternoon light coming in from the west.The building handles the rest. Twenty-four hour security. Indoor pool. Exercise room. Party room. Visitor parking. Sobeys in the building for the grocery run that doesn't require leaving the complex. Outside, everything King West promises. The Well and Waterworks Food Hall walkable. Scotiabank Arena and Rogers Centre minutes away. TTC and GO both immediately accessible. A layout that works. A view that surprises. A location that doesn't need explaining. This beautifully designed condo is the perfect city oasis for those who love urban living want to enjoy all that Toronto has to offer. *Incredible value for this size*
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4K Spadina Avenue Unit 727, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $856/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.