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    4K Spadina Avenue

    Neo - CityPlace
    4for Sale
    4for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    354
    Condo Completion:
    2009
    Condo Demand:
    Medium
    Unit Size Range:
    399 - 1,000 SQFT
    Unit Availability:
    Low

    Listing History for Neo - CityPlace

    Receive listing updates for CityPlace

    Amenities

    Concierge
    Indoor Parking
    Indoor Pool
    Rooftop Deck
    Party Room
    Rec Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 4K Spadina AvenueNeo - CityPlace

    If you’re in the market for a new condo, just follow the white rabbit — that’s the only Matrix reference you’ll see here, we promise. Located at 4K Spadina Ave, Neo is an 18 storey condo, with a modern glass façade, accented by red balconies.

    The building was completed in 2009 and is part of the CityPlace neighbourhood, and if you heard CityPlace and assumed there would be extensive amenities, you’re not wrong; in addition to a great location, Neo provides its residents with an array of convenient and relaxing extras — gym, pool, party room, meeting room, business centre, security guard, concierge, and parking garage.

    Units at 4K Spadina Ave are on the lower end of price per square foot in Toronto, which means there are plenty of affordable options here for first time home buyers trying to find downtown Toronto condos for sale. Given the location and the abundance of amenities, this building is ideal for young professionals, couples, and empty nesters. Although, this property does tend to attract younger crowds, which is something to keep in mind.

    The Suites

    With over 354 units in a variety for layouts for 1 bedroom, 1 bedroom + den, 2 bedroom, and 2 bedroom + den condos, buyers have a lot of choice here. All units are open concept and filled with natural light due to floor to ceiling windows; suite sizes range from 460 square feet to 915.

    If you love high-density areas and want to be near the action, you’re going to be happy with a condo here; interested buyers can expect to find hardwood floors, granite countertops, modern kitchens and bathrooms, and private balconies. Neo might not be the greatest investment opportunity, considering the sheer number of similar units in the area, but if you’re set on living in CityPlace — CityPlace condos for rent are also an excellent option.

    Those who love to entertain friends and family, can make their guests feel at ease with visitor parking and guest suites. And when you step out your front door, there’s an exciting neighbourhood waiting to greet you.

    The Neighbourhood

    Unlike most of the neighbourhoods in Toronto, CityPlace was designed from the ground up for high-density living. As a resident of CityPlace, food, fun, and public transit lie around every corner — and some of the city’s best attractions are just next door.

    Blue Jays fans couldn’t get much closer — imagine walking to the Rogers Centre on game day in less than 5 minutes, no more $20 parking or crammed streetcars for you. If sports aren’t your thing you can take in the city from the CN Tower, observe deep sea creatures at Ripley's Aquarium of Canada, or spend a night enjoying pubs and clubs in the Entertainment District — of which there are many.

    For dining out you have options close to home like Macho Tex Mex Radio Bar, Roses New York, Roywoods, Fat Bastard Burrito, Mi•Ne Sushi, and Dairy Queen for a treat. Living in CityPlace allows you quick access to high-end restaurants in King West — there’s Lee for Asian-French fusion, Patria for Spanish, Brassaii for Mediterranean, and charming, less expensive pizza places like Pizzaiolo Gourmet Pizza, and Pizzeria Libretto.

    One of the best aspects of living in this neighbourhood is the availability of nature and recreation; in just a few minutes of walking you can be enjoying lakeside parks, or running on the Martin Goodman Trail. And on days when you just want to spread out a blanket and relax, there’s an abundance of open green grass.

    Transportation

    4K Spadina Ave has a 96 Walk Score, perfect for residents who prefer to run errands on foot. For groceries, there’s a Sobeys Urban Fresh Spadina just steps away, and Shoppers Drug Mart is on Queens Quay W for prescription pickups.

    Public transit riders have streetcars right outside their front door on Spadina, as well, there are buses on Fort York Blvd which connect to Union Station for subway lines and Go Transit.

    Car owners can reach the nearest highway by heading south on Spadina for the Gardiner Expressway.

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    Explore CityPlace

    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!

    Similar condos

    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%

    Maintenance Fees

    Neo - CityPlace vs The CityPlace Area

    Days on Strata

    Units at Neo - CityPlace spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the 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
    6.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 29 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 29 condos in the CityPlace neighbourhood

    Appreciation Rank

    Neo - CityPlace has the
    ?
    highest ROI out of 29 condos in the CityPlace neighbourhood

    Rental Yield

    Neo - CityPlace yields the
    ?
    highest rent prices out of 29 condos in the CityPlace neighbourhood

    High Demand

    Neo - CityPlace is the
    ?
    most popular building out of 29 condos in the CityPlace neighbourhood

    Transaction Insights at 4K Spadina Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$618,000 - $660,000$615,000 - $685,000$800,000$889,000 - $939,000
    Avg. Cost Per SqftNo Data$980$948$1,084$1,015
    Avg. Wait for Unit AvailabilityNo Data59 Days63 Days126 Days137 Days
    Ratio of Units in Building1%43%30%14%14%

    Unit Sales vs Inventory

    Total number of units listed and sold in CityPlace