400 Adelaide St E LPH03

FOR SALE
$1,849,900
400 Adelaide St E LPH03, Downtown Toronto
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
400 Adelaide St E LPH03
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C9392410
MLSID
Contact Us
Property Description
Ivory On Adelaide, Designed By Award Winning Hariri Pontarini Architects, Is Old Town Toronto's Best Kept Secret. This Gorgeous Penthouse Has Over 2100 Square Feet Of Interior & Exterior Space, Exclusive Private Massive South Facing Terrace & Additional Two Deep Balconies Surround The Space. Sunlight Streams Into Your Lovely Eat In Kitchen With Quartz Countertops, Ample Storage, & Stainless Steel Appliances Overlooking Large Living Room And Dining Room With Views Of The Lake. The Extraordinary Primary Bedroom Has A Walk In Closet, Access To A Private Balcony & A Gorgeous Ensuite With Double Sinks, Heated Floors, Separate Jacuzzi Tub And Shower! The Second and Third Bedrooms Are The Perfect Size For Queen Beds, A Large Office, Nursery/ Child's Room, All Bedrooms Feature Walk-outs To Balcony and Double Closets. The Second Bathroom 3 Piece Is Located Off The Hallway. The Property Includes 1 Prime Parking Spot, 1 Oversized Locker, 2 Bike Storage. Low Maintenance Fees Include Water.
Extras
Walking Distance To Restaurants, TTC, Scotiabank Arena, Union Station, Financial District, Distillery District, St. Lawrence Market, East End Film Studios. Prime location to access major highways DVP & Gardiner. Soon to be new Ontario Line.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
2000-2249
Taxes
$5,403 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A26)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain13.32' x 20.08', Combined W/Dining, W/O To Terrace
DiningMain9.15' x 9.91', Open Concept, W/O To Balcony
KitchenMain7.51' x 14.01', Quartz Counter, Stainless Steel Appl
Prim BdrmMain10.50' x 21.59'5 Pc Ensuite, W/O To Balcony, W/I Closet
2nd BrMain9.74' x 14.34', W/O To Balcony, Closet
3rd BrMain9.84' x 14.17', W/O To Balcony, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
400 Adelaide St E LPH03 is a 3-bedroom 2-bathroom condo listed for sale at $1,849,900, which is $1,038,758 (128.1%) higher than the average sold price of $811,142 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $63,103 (7.2%) compared to the previous 30 day period (November 18 - December 17) and down $145,992 (15.3%) from the same time one year ago.
Inventory Change
There were 133 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 3.6% compared with the previous 30 day period (November 18 - December 17) and up 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($27,806) (3.4%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,644 decrease compared to the previous 30 day period (November 18 - December 17) and ($35,059) more 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 3-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 45.9%, up from 41.3% over the previous 30 days (November 18 - December 17) and down from 56.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Quantum Realty Inc.
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