101 Spadina — photo 1 of 2
Now Selling Assignment Friendly

101 Spadina

By Devron Developments

Downtown / Fashion District, Toronto, Ontario
Condo
Occupancy: 2030
1 - 3 Beds
450 - 1,450 sq ft sqft

Starting from

$585,000

TypeCondo
From$585,000
Storeys38 floors
Units393
Beds1 - 3
Baths1 - 3
Size450 - 1,450 sq ft sqft
Completion2030

Overview

Project Details

Architect
AUDAX Architecture
Building type
Condo
Storeys
38 storeys
Total homes
393
Beds
1 - 3
Baths
1 - 3
SqFt
450 - 1,450 sq ft sqft
Parking cost
$110,000
Storage cost
$9,500
Maint/sqft
$0.79/sq ft
Avg price/sqft
$1450
Estimated completion
2030
Deposit structure
10% over 18 months, 10% on occupancy
Assignment policy
Assignment Friendly
Appreciation forecast
4.5%/yr

101 Spadina is a landmark residential project developed by Devron Developments in the heart of the Fashion District in Toronto, Ontario. This 38-storey condominium tower brings 393 residential units to downtown Toronto, offering a diverse collection of layouts ranging from one to three bedrooms. The building architecture and interior planning prioritize long-term livability, supported by a comprehensive amenity program. Residents have access to a state-of-the-art fitness centre, a professional co-working lounge, and a dedicated children's play area. Additional facilities include a private dining room for hosting and a landscaped rooftop terrace designed to provide outdoor relief amidst the urban density of the surrounding downtown core. Each space is crafted to serve the needs of modern city dwellers seeking quality construction and thoughtful design. Prices for these units start at $585,000 CAD, with sizes spanning between 450 and 1,450 square feet. The project features a flexible deposit structure of 10 percent spread over 18 months, with a final 10 percent due upon occupancy in 2030. Situated at the intersection of Spadina and Adelaide, the site offers immediate access to the city's extensive transit network, including proximity to the Spadina streetcar line and major subway connections. Toronto continues to experience sustained demand for housing, driven by its position as a primary economic hub in Canada. Investing in 101 Spadina allows for participation in the ongoing evolution of the Fashion District, a neighborhood characterized by its historic industrial architecture and proximity to the city's premier commercial and entertainment centres. This development represents a long-term contribution to the residential stock of downtown Toronto.

#PreConstruction#NewCondos#TorontoCondos#TorontoRealEstate#OntarioRealEstate

Pricing and Fees

Amenities

Concierge
Rooftop Terrace
State-of-the-Art Fitness Centre
Co-working Lounge
Private Dining Room
Children's Play Area

Neighbourhood

99Walk
100Transit
98Bike

About the Neighbourhood

Situated in the bustling Fashion District, steps away from King West dining, Spadina streetcars, and the Financial District.

101 Spadina Avenue, Toronto, ON M5V 2K2

Contact sales center

Request additional information including price lists and floor plans.

Investment Analysis

Investment Analysis

AI-scored using verified market signals

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91
OUT OF 100
Excellent opportunity

Strong fundamentals across location, rental economics and growth outlook.

Est. monthly rent

$2,400–$5,200

5-yr appreciation

+4.5%

Starting from

$585,000

Price per sq ft

$1,450

How this score is calculated
Walkability99/100 Walk Score
Transit access100/100 Transit Score
Cycling98/100 Bike Score
Rental yield potential4.92% gross yield
Appreciation outlook+4.5%/yr forecast

The AI Investment Score blends the verified signals above — location scores, rental economics and appreciation outlook — with how strongly the project was corroborated across independent sources. It is a research aid, not financial advice.

Rental Yield Calculator

Estimate cash flow & returns for this unit

Purchase & Financing

Purchase Price$585,000
$300,000$3,000,000
Down Payment35%
5%50%
Mortgage Rate4.5%
2.0%10.0%
Amortization30 yrs
10 yrs30 yrs

Rental Income

Monthly Rent$3,300
$1,000$8,000
Vacancy Rate3%
0%15%

Monthly Summary

Monthly Cash Flow

+$68

Positive cash flow / month

Gross Yield

6.57%

Net Yield

4.09%

Monthly Breakdown

Effective Rent+$3,201
Mortgage Payment-$1,927
Condo / Strata Fee-$600
Property Tax-$350
Mgmt Fee-$256
Net Cash Flow+$68

* Estimates only. Consult a financial advisor before investing. Figures exclude insurance, repairs, and capital improvements.

Mortgage Calculator

Estimate your payment

Loan Details

$585,000
20% ($117,000)
5.25%
25 years

Payment Frequency

Monthly Payment

$2,804

Principal & interest

Mortgage Amount

$468,000

Total Cost

$841,344

* Estimates only, for illustration. Excludes taxes, insurance and fees. Confirm rates with your lender.

Closing Cost Estimator

Taxes calculated for Ontario · Toronto
$585,000
20%
Land Transfer Tax (Ontario + Toronto)$16,350

Ontario tax plus Toronto municipal tax

Legal Fees$1,500
Title Insurance$400
Home Inspection$500
Total Closing Costs$18,750

Investment Return Estimator

$585,000
20%
4.5%
$2,400
5 yrs
Down Payment$117,000
Property Value in 5 yrs$729,016
Total Rental Income (net)$94,375
Estimated Profit$201,941
ROI on Down Payment173%

Frequently Asked Questions

Units at 101 Spadina are currently priced starting from $585,000.

Still have a question about 101 Spadina?

Illustrative estimates only — not financial, tax or investment advice. The investment score, rental yield projections, appreciation forecasts, closing-cost and mortgage figures presented in this section are computer-generated estimates produced for demonstration purposes. They do not constitute an appraisal, a formal opinion of value, a mortgage pre-approval, or any form of financial, tax or legal advice, and they must not be relied upon when making a purchase decision. Actual costs, taxes, financing terms and returns will vary with the applicable jurisdiction, lender criteria, market conditions and individual circumstances. CondoGuru.ca and its affiliates make no representation or warranty as to the accuracy or completeness of these figures and expressly disclaim all liability for any loss or damage arising from reliance upon them. Prospective purchasers should independently verify all amounts with the developer's sales team, a licensed mortgage professional, and a qualified legal or tax advisor.

Developer Profile

Developer Profile

Devron Developments

Toronto, Ontario, Canada

Devron Developments is an established Canadian residential builder focused on crafting enduring, sustainable, architectural landmarks with human-centric livability across Greater Toronto.

Projects

1

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Other Projects by This Developer

No other projects found.

Last updated: September 28, 2026

Disclaimer: CondoGuru.ca provides information on new construction homes and condos from various sources, including builders, manual research, third-party sources, and public data. While we strive for accuracy, all information is for reference only. We are not responsible for any use or misuse of the content on our site. Prices, sizes, specifications, and promotions are subject to change by the builder without notice. Renderings are artist's concepts. E.&O.E.

From$585,000