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    Toronto / Downtown / CityPlace

    1622 - 4K Spadina Ave

    For RentNeo - CityPlace
    3.0
    $3,250/mth
    2 Beds + 1
    2 Bath
    1 Parking
    900 SQFT
    16 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    February 16, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Exclusive
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Parking
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Other

    Room Dimensions

    Bedroom
    9.84 x 9.84ft

    About this Listing

    2 Large bedrooms plus two bathrooms and separate den with 2 pocket door (can act as third bedroom). Enjoy living in the heart of downtown Toronto in 4K Spadina. Across the street from Rogers Centre and city transit. Grocery store right outside your door and steps to restaurants and City Place. Over 900 square feet of living with large open west facing with 100 square feet balcony with city and lake views. Bright windows in living area with open concept kitchen and dining. 5-star amenities in the building with pool, gym and more. Includes 1 parking spot and locker.

    re/max ultimate realty inc.MLS® #C11975098

    Amenities

    Indoor Parking
    Visitor Parking
    Rec Room
    Gym Room
    Games Room
    Concierge

    Explore Neighbourhood

    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!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,897
    Average Individual Income
    $60,210
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $103,882
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    20 - 34
    31%
    35 - 49
    20%
    50 - 64
    16%
    65+
    15%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    33%
    Semi Detached
    6%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Telugu
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    46%
    High School
    21%
    College
    13%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Math & Computer Sciences
    11%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Neo - CityPlace vs The CityPlace Area

    Building Trends At Neo - CityPlace

    Days on Strata

    Units at Neo - CityPlace spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in CityPlace

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 31 condos in the CityPlace area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    Neo - CityPlace offers the
    ?
    best value out of 31 condos in the CityPlace neighbourhood

    Appreciation Rank

    Neo - CityPlace has the
    ?
    highest ROI out of 31 condos in the CityPlace neighbourhood

    Rental Yield

    Neo - CityPlace yields the
    ?
    highest rent prices out of 31 condos in the CityPlace neighbourhood

    High Demand

    Neo - CityPlace is the
    ?
    most popular building out of 31 condos in the CityPlace neighbourhood

    Transaction Insights at 4K Spadina Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$520,000 - $660,000$615,000 - $685,000No Data$889,000 - $939,000
    Avg. Cost Per SqftNo Data$973$948No Data$1,015
    Avg. Wait for Unit AvailabilityNo Data64 Days64 Days131 Days137 Days
    Ratio of Units in Building1%44%30%13%14%

    Transactions vs Inventory

    Total number of units listed and leased in CityPlace