188 Spadina Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $688,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
BEST VALUE IN DOWNTOWN TORONTO! Rarely offered 1,318 sq. ft. boutique condo in the heart of Kensington/Chinatown, offering exceptional space, privacy, and convenience at an outstanding price point. This spacious 2-bedroom, 2-bathroom suite features a highly functional layout, underground parking, a quiet patio-facing living area, two closets in the primary bedroom, and a large laundry/storage room.Enjoy the ultimate urban lifestyle with restaurants, shops, transit, and entertainment just steps away, while still benefiting from the privacy and security of a boutique residence. Building amenities include Concierge, Indoor Pool, Sauna, Gym, Rooftop Deck, Outdoor Patio, and Recreation Room. UNDERGROUND PARKING INCLUDED. Sold in "AS IS" condition. An exceptional opportunity for end-users, renovators, and investors alike-properties offering this much space and value in the downtown core are becoming increasingly difficult to find!
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Carpet Free
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 188 Spadina Avenue 406, Toronto C01, ON M5T 3A4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $688,000 in Toronto, the legal minimum down payment is $43,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,235 also applies, bringing the total estimated land transfer taxes to $20,470.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.