460 Adelaide St PH222
Moss Park, Downtown Toronto, M5A 0E7
FOR SALE
$565,000
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Property Description
**A Rare Penthouse Gem in AXIOM Condos!** Discover this stunning 564 sq ft, 1-bedroom, 1-bathroom penthouse in the heart of downtown Toronto. Freshly painted & Boasting 10-ft ceilings, floor-to-ceiling windows, and a spacious balcony. This unit offers an elevated living experience. Stylish dark hardwood floors throughout add a touch of elegance, while a locker provides extra convenience. Enjoy world-class amenities, including a 24/7 concierge, rooftop terrace, fitness centre with sauna & yoga studio, party room, theatre room, billiards room, library, visitor parking, and guest suites. Perfectly situated near the Financial District, Distillery District, George Brown College, St. Lawrence Market, and Eaton Centre, this penthouse has unbeatable access to dining, shopping, and entertainment. Easy transit options, proximity to the DVP, and a perfect Walk Score make it ideal for young professionals, investors, or students seeking modern urban living. Don't miss this exceptional opportunity for a premium downtown lifestyle!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,446 (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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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
460 Adelaide St PH222 is a 1-bedroom 1-bathroom condo listed for sale at $565,000, which is $7,890 (1.4%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Realty Wealth Group Inc.
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