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    506 - 297 College St

    $615,0001 bd1 ba0 pk500 - 599 sqft
    33 Days on Strata
    $615,000
    1 Bed
    1 Bath
    0 Parking
    500 - 599 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $441/mth

    Taxes:

    $2,439 (2024)

    Cost Per Sqft:

    $1,027 - $1,230/sqft

    Outdoor Space:

    Balcony

    Locker:

    None

    Exposure:

    East

    Possession Date:

    Immediately

    Amenities

    Bike Storage
    Business Centre
    Media Room
    BBQs Allowed
    Rooftop Deck
    Guest Suites
    Rec Room
    Gym Room
    Games Room
    Party Room
    Concierge

    About this Listing

    This is the one you been waiting for! Check out this beautiful 1 bedroom + Den, 1 bathroom unit in the heart of Toronto and just steps away from U Of T! This unit is part of Tribute's boutique condo "The College". Featuring 9ft ceilings, Balcony, open concept design, quartz countertops, built in appliances, hardwood floors and great finishes. The building also features a 24hr concierge, security, gym, theater room, Billiards Room, Party Rm, BBQ Terrace, T &T supermarket and more, this is one of the most sought after locations in DT Toronto, and an absolute must see!

    ExtrasFridge, Dishwasher, Built In Oven, Countertop Range, OTR Microwave

    homelife/local real estate ltd.MLS® #C12002787

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Kitchen, Walk-Out, hardwood floor

    13.48 x 9.84ft

    Kitchen

    Open Concept, Stainless Steel Appliances

    6.56 x 10.66ft

    Primary

    hardwood floor, Closet, Window

    12.47 x 11.48ft

    Bathroom

    4 Piece Bath

    5.91 x 4.92ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Kensington Market


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    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
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    31%
    35 - 49
    19%
    50 - 64
    17%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    3%
    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%


    Days on Strata

    Units at The College Condo at Spadina spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Kensington Market

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 5 condos in the Kensington Market area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    40
    Units were Rented over the past twelve months

    Best Value Rank

    The College Condo at Spadina offers the
    ?
    best value out of 5 condos in the Kensington Market neighbourhood

    Appreciation Rank

    The College Condo at Spadina has the
    ?
    highest ROI out of 5 condos in the Kensington Market neighbourhood

    Rental Yield

    The College Condo at Spadina yields the
    ?
    highest rent prices out of 5 condos in the Kensington Market neighbourhood

    High Demand

    The College Condo at Spadina is the
    ?
    most popular building out of 5 condos in the Kensington Market neighbourhood

    Market Insights

    Transaction Insights at The College Condo at Spadina

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$565,000$630,000 - $655,000$820,888No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,030$1,220$1,175No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data125 Days92 Days146 Days256 Days355 DaysNo Data
    Ratio of Units in Building1%32%36%20%6%8%1%

    Market Inventory

    Total number of units listed and sold in Kensington Market


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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