400 Adelaide St E 1015

FOR SALE
$718,000
400 Adelaide St E 1015, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9256576
MLSID
Contact Us
Property Description
Luxury 1+Den Condo Unit At The "Ivory Condo" By Plaza Corp. 673Sf (1+Den+2 Full Bath) W/ Good SizeBalcony. Den With French Doors Is Ideal As A 2nd Bedroom/Office. Unobstructed North View. GreatLayout, All Laminate Flooring. Modern Kitchen With S/S Appliances, Granite Counter & Backsplash.Ensuite Washer/Dryer. Master Bedroom W/ Large W/I Closet. 1 Parking & 1 Locker Included. Steps ToTTC And George Brown College. Excellent Property For Self Use or For Investment. Unit CurrentlyLeased with AAA Tenant Who Can Stay or Move Out.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-11-11 2023-01-28 78 $599,000 - Terminated
2022-11-28 2022-12-03 5 $2,750 $2,750 Leased
2022-08-26 2022-11-11 77 $780,000 - Terminated
Extras
Stainless Steel Appliances (Fridge, Stove, Dishwasher, B/I Microwave), Full Size Washer/Dryer, AllWindow coverings. All ELFs. Include Gym, Rooftop Lounge, Party Room & 24H Concierge.
Property Features
Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,768 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (C-18)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain12.50' x 11.68'Laminate, Combined W/Dining, W/O To Balcony
DiningFlat12.50' x 11.68'Laminate, Combined W/Living, Open Concept
KitchenFlat10.56' x 10.56'Laminate, Stone Counter, Stainless Steel Appl
Prim BdrmFlat11.65' x 9.48'Laminate, 4 Pc Bath, W/I Closet
DenFlat6.99' x 6.99'Laminate, Separate Rm, French Doors
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
400 Adelaide St E 1015 is a 1-bedroom 2-bathroom condo listed for sale at $718,000, which is $151,923 (26.8%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.
Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd.
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