460 Adelaide St E 1003
Moss Park, Downtown Toronto, M5A 0E7
FOR SALE
$445,000
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Property Description
Welcome to this well-maintained & functional 435 sq. ft. studio in the Axiom Condos perfect for first-time buyers or investors. This unit is freshly painted and features smooth 9-ft ceilings, a modern kitchen with built-in appliances, a large closet, and a laundry room with a full-size washer, dryer, and extra storage space. It also includes a spacious balcony and a bicycle locker. The building offers premium amenities, including a 24-hour concierge, gym, rooftop terrace with BBQs, party room, theatre room, and more. Located in a prime downtown area, the condo is steps from TTC transit. Daily essentials are just a 5-10 minute walk away, including No Frills, FreshCo, Metro, LCBO, Shoppers Drug Mart, Dollarama, and major banks. Enjoy nearby attractions like the Distillery District and St. Lawrence Market, plus a vibrant selection of restaurants and cafes. Adding even more value, two Ontario Line subway stations currently under construction will further enhance the areas excellent connectivity. Don't miss this opportunity to live in one of Toronto's most convenient and dynamic neighbourhoods!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-01-07 | 2020-01-13 | 6 | $449,900 | $470,000 | Sold |
| 2019-10-02 | 2019-12-18 | 77 | $2,000 | - | Terminated |
| 2018-09-27 | 2018-11-24 | 59 | $1,900 | $1,900 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,924 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.88' x 9.94' | Laminate, Window Flr to Ceil, W/O To Balcony |
| Dining | Flat | 11.88' x 12.30' | Laminate, Open Concept, Combined W/Kitchen |
| Kitchen | Flat | 11.88' x 12.30' | Laminate, B/I Appliances, Combined W/Dining |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
460 Adelaide St E 1003 is a 0-bedroom 1-bathroom condo listed for sale at $445,000, which is $66,764 (17.7%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
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