501 Adelaide St W 1001
Niagara, Downtown Toronto, M5V 0R3
FOR SALE
$1,049,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to KINGLY, a Luxury Boutique Condo Located In The Heart Of KING WEST & Some Of TOs Best nightlife. This Modern Sanctuary Showcases Stunning Unobstructed East Views. A Spectacular View Overlooking The Toronto Skyline. Steps To Restaurants, Nightlife And Future Ontario Line Subway Station. Sun Soaked Throughout. Spacious And Bright Primary Bedroom With Postcard Views Of The CN Tower. Entertain Your Guests In This Modern Showcase Of A Kitchen. Includes 1 PARKING And 1 LOCKER.24 HR Concierge, Recreation Centre, Gym, Meeting Room And Much More! **EXTRAS** This Is Your Executive Home Personified. You Will Not Be Disappointed.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-29 | 2025-01-16 | 79 | $1,119,900 | - | Terminated |
| 2023-05-24 | 2023-09-30 | 129 | $4,995 | - | Expired |
Nearby Intersections
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$5,185 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C-21)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Adelaide St W 1001 is a 2-bedroom 2-bathroom condo listed for sale at $1,049,900, which is $293,299 (38.8%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Psr
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