295 Adelaide St 501
Waterfront Communities C1, Downtown Toronto, M5V 1P7
FOR SALE
$700,000
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BEDROOMS1
BATHROOMS1
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Property Description
1 B/room Unit with Parking and Locker At The Pinnacle On Adelaide. Fantastic Location And Unobstructed Views Of The City. 586 Sq Ft W/Balcony, Custom Hardwood Flooring, Modern Open Concept Kitchen W/Quartz Countertops And Island Upgrade. Steps To Queen & King W, Fin. Dist, Restaurants, Skydom, Acc To Ttc, Hyw Access, Ent. District, Steps To Tiff Bell Lightbox, Shopping, Clubs,24Hrs Concierge Amenities, Gym, Pool, Whirlpool/Sauna, Outdoor BBQ Patio, And More !
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Extras
Includes Stainless Steel Fridge, Stove, Built-In-Microwave & Exhaust Hood, Stackable Front Loading Washer/Drier, Electric Light Fixtures. Storage Locker And Parking Included.
Nearby Intersections
King & Spadina (265)
Adelaide & John (97)
John & Richmond (76)
King & Peter (167)
King & John (285)
Queen & University (92)
Property Features
Arts Centre, Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,005 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level D)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.75' x 9.74' | Hardwood Floor, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 11.75' x 9.74' | Hardwood Floor, Combined W/Dining |
| Kitchen | Flat | 11.75' x 9.74' | Ceramic Sink, Granite Counter |
| Prim Bdrm | Flat | 11.75' x 8.99' | Large Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
295 Adelaide St 501 is a 1-bedroom 1-bathroom condo listed for sale at $700,000, which is $96,456 (16.0%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Galaxy Real Estate Ltd.
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