400 Adelaide St E Lph3

FOR SALE
$1,999,900
400 Adelaide St E Lph3, Downtown Toronto
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
400 Adelaide St E Lph3
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C8239202
MLSID
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Property Description
Introducing a truly exceptional penthouse condo that offers the comfort and space of a house, with the convenience of a condo lifestyle. 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 & exclusive exterior space, a massive south facing terrace & two additional deep balconies surround the space, providing a serene oasis for relaxing. Step inside and experience the perfect blend of elegance and functionality. Sunlight streams into your lovely eat in kitchen with quartz countertops, ample storage, & stainless steel appliances. The kitchen overlooks the 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 vanity sinks, heated floors, separate jacuzzi tub and shower! The second and third bedrooms can be easily transformed to suit your needs - whether it be a guest room that can accommodate queen beds, a home office, nursery/ child's room, all bedrooms feature floor to ceiling windows, separate walk-outs to balcony & double closets. The second bathroom 3 piece is located off the hallway along with ensuite laundry and front hall double closet. The property includes 1 Prime Parking Spot, 1 Oversized Locker, 2 Bike Storage. Low maintenance fees include water. Building features a large party room, media room, guest suites, gym and ample visitor parking. Enjoy easy access to top-notch amenities, trendy restaurants, shopping destinations, and transportation options. Located in a coveted neighbourhood, this lower penthouse condo offers the best of both worlds - a peaceful and private setting, while being just moments away from the vibrant city life.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-05 2024-03-22 46 $1,999,900 - Terminated
2023-09-21 2023-12-04 74 $2,449,000 - Terminated
Extras
Walking Distance To Restaurants, TTC, Scotiabank Arena, Union Station, Financial District, Distillery District, St. Lawrence Market, George Brown College. 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'
DiningMain9.15' x 9.91'
KitchenMain7.51' x 14.01'
Prim BdrmMain10.50' x 21.59'
2nd BrMain9.74' x 14.34'
3rd BrMain9.84' x 14.17'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
400 Adelaide St E Lph3 is a 3-bedroom 2-bathroom condo listed for sale at $1,999,900, which is $1,092,391 (120.4%) higher than the average sold price of $907,509 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $2,477 (0.3%) compared to the previous 30 day period (March 1 - March 30) and up $42,873 (5.0%) from the same time one year ago.
Inventory Change
There were 251 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 31 - April 29), which is up 15.7% compared with the previous 30 day period (March 1 - March 30) and up 47.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($4,858) (0.5%) below asking price over the last 30 days (March 31 - April 29), which represents a $4,821 decrease compared to the previous 30 day period (March 1 - March 30) and ($12,347) 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 (March 31 - April 29) stood at 43.8%, up from 40.1% over the previous 30 days (March 1 - March 30) and down from 61.2% 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 28 days when successfully sold over the last 30 days (March 31 - April 29), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Quantum Realty Inc.
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