461 Adelaide St W 338
Waterfront Communities C1, Downtown Toronto, M5V 1T1
FOR SALE
$509,000
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Property Description
Welcome to the Fashion House and your piece of Toronto! This lovely condo has a perfect layout for entertaining or working from home. Surrounded by great restaurants, cafes and entertainment at your doorstep. Modern finishes, European kitchen, immaculate stainless steel appliances, hardwood floors, exposed concrete ceiling. Rarely available condo in the heart of the City
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Nearby Intersections
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,938 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.38' x 12.80' | Combined W/Dining, Large Window, W/O To Balcony |
| Dining | Flat | 11.38' x 12.80' | Combined W/Kitchen, Hardwood Floor, Open Concept |
| Kitchen | Flat | 11.38' x 12.80' | Combined W/Living, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Flat | 7.91' x 9.71' | Sliding Doors, Hardwood Floor, Closet |
| Other | Flat | 5.94' x 13.98' | Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
461 Adelaide St W 338 is a 1-bedroom 1-bathroom condo listed for sale at $509,000, which is $57,564 (10.2%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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