295 Adelaide St W 3604
Waterfront Communities C1, Downtown Toronto, M5V 1P7
FOR SALE
$1,175,000
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Property Description
Welcome to 295 Adelaide, Suite 3604, where elegance and style meet location. There is a lot you will appreciate about this spacious, light-filled, two-bedroom, two-bathroom corner unit. The large foyer with closet creates an ideal separation of space and an added sense of privacy, and opens to an expansive living and dining space and open concept kitchen. There is enough room for you to configure living and dining room furniture in whatever arrangement you like to make the space yours, and feel at home. The living and dining space features wraparound, floor-to-ceiling windows that provide ample natural light and a captivating urban view. The well-designed layout features a split bedroom configuration where each bedroom has its own ensuite. Building amenities are extensive and include 24 hour concierge, a party room on the ground floor, a meeting room and yoga room on the 9th floor, a theatre room, foosball room and ping pong room on the 10th floor, and a swimming pool, sauna, hot tub, fitness room and lounge on the 11th floor. The ideal location, right in the heart of the entertainment district, and next door to the Toronto International Film Festival Building, provides quick and easy access to all the pleasures of downtown living. You are only minutes away from the financial district, theatre district, sports venues (Blue Jays, Raptors, Maple Leafs), shopping, fine dining, and quick access to the TTC to enjoy everything else the city has to offer. **EXTRAS** Suite 3604 comes with one locker and one parking spot that is conveniently located right across from the elevator.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-12 | 2024-11-15 | 65 | $1,185,000 | - | Suspended |
2020-11-30 | 2020-12-18 | 18 | $1,115,000 | $1,100,000 | Sold |
Nearby Intersections
King & Spadina (267)
Adelaide & John (93)
John & Richmond (70)
King & Peter (176)
King & John (279)
Queen & University (84)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,179 (2024)
Basement
None
Exterior
Brick, Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C32)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Prim Bdrm | Flat | 9.74' x 12.01' | His/Hers Closets, 5 Pc Ensuite, East View |
2nd Br | Flat | 10.50' x 10.50' | Closet, 3 Pc Ensuite, North View |
Kitchen | Flat | 7.51' x 7.51' | Stainless Steel Appl, Backsplash, Open Concept |
Dining | Flat | 12.50' x 21.75' | Combined W/Living, Hardwood Floor, W/O To Balcony |
Living | Flat | 12.50' x 21.75' | Combined W/Dining, Hardwood Floor, Ne View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
295 Adelaide St W 3604 is a 2-bedroom 2-bathroom condo listed for sale at $1,175,000, which is $414,919 (54.6%) higher than the average sold price of $760,081 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $30,132 (4.1%) compared to the previous 30 day period (December 20 - January 18) and down $22,338 (2.9%) from the same time one year ago.Inventory Change
There were 1,207 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 49.2% compared with the previous 30 day period (December 20 - January 18) and up 15.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,882) (2.2%) below asking price over the last 30 days (January 19 - February 17), which represents a $2,296 increase compared to the previous 30 day period (December 20 - January 18) and ($14,004) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 19 - February 17) stood at 27.7%, down from 34.7% over the previous 30 days (December 20 - January 18) and down from 47.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited
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