1512-4K Spadina Avenue, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14094714

$599,000
For Sale
Just listed todayNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Welcome To 4K Spadina Ave.
  • Unit# 1512 - Neo Cityplace Condo.
  • Discover The Perfect Blend Of Comfort, Style, And Convenience In This Fantastic 2-Bedroom, 2-Full-Bath.
  • Featuring An Open-Concept Layout With A Seamless Flow, This Inviting Unit Offers Everything You Need For Modern Downtown Living.
  • Indulge In An Impressive Array Of Amenities Including; Huge Indoor Pool, Hot Tub, Fully Equipped Gym, Elegant Party Room, Rooftop Deck With Bbqs, Rock-Climbing Wall...

Welcome To 4K Spadina Ave. Unit# 1512 - Neo Cityplace Condo! Discover The Perfect Blend Of Comfort, Style, And Convenience In This Fantastic 2-Bedroom, 2-Full-Bath. Featuring An Open-Concept Layout With A Seamless Flow, This Inviting Unit Offers Everything You Need For Modern Downtown Living. Enjoy A Newly Updated Kitchen Cabinet Doors, Pot Lights In The Primary Bdrm, Laminate Flooring In Both Bdrms, And Fresh Paint Throughout Giving The Space A Clean, Modern Feel That's Ready For You To Move In And Enjoy! Resort-Style Amenities At Your Doorstep! Indulge In An Impressive Array Of Amenities Including; Huge Indoor Pool, Hot Tub, Fully Equipped Gym, Elegant Party Room, Rooftop Deck With Bbqs, Rock-Climbing Wall, Billiards/Game Room, Mini Theatre, Karaoke Room, TV Lounge And 24/7 Concierge Service. Unbeatable Downtown Location! With Restaurants, Shops, And Grocery Stores Conveniently Located Downstairs, Everything You Need Is Just Steps Away. Take A Short Walk To The Rogers Centre, CN Tower, And Ripley's Aquarium, Or Stroll Down To Queens Quay To Enjoy The Waterfront, Lakeside Activities And Scenic Surroundings. Commuting Is A Breeze With Easy Access To Downtown Destinations And Gardiner Expressway, Making This An Ideal Home For Professionals, Couples, Small Families, Or Anyone Looking To Experience The Best Of Downtown Living. Don't Miss This Incredible Opportunity To Own A Piece Of Vibrant Cityplace Living! Your Downtown Lifestyle Awaits!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14094714
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Spadina Ave. and Fort York Blvd.
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$602/mo
Exposure
East
Property tax
$2,854 / 2026
Listing brokerage
HOMELIFE HEARTS REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Jean Lumb Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$601kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $874/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home599k653k575k630k549kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$600K
Niagara
$687K
Church-Yonge Corridor
$580K
Waterfront Communities C8
$525K
Moss Park
$495K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
The Waterfront School · Public elementary0.7 km · 74% at standard
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.2 km · 82% at standard
Ryerson Community School Junior Senior · Public elementary1.3 km · 52% at standard
Contact Alternative School School · Public secondary1.4 km
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
Heydon Park Secondary School · Public secondary1.5 km · 8% at standard
Beverley School · Public elementary1.6 km
Subway Academy II · Public secondary1.6 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,730/mo
$126KIncome needed
4.7×Price ÷ income
$630Weekly cost
$16,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $2,730Property tax $238Condo fee $602Total carry $3,570

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,489Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$238
Condo / maintenance fees
$602
Heating
$0
Estimated monthly cost
$3,489

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.8%
Gross yield
− Property tax $2,854− Condo fees $7,227− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,951

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE HEARTS REALTY INC.. MLS®/PropTx.

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