501 Adelaide St W 1001
Niagara, Downtown Toronto, M5V 0R3
FOR SALE
$1,119,900
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BEDROOMS2
BATHROOMS1
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Property Description
Welcome to KINGLY a Luxury Boutique Condo Located In The Heart Of The KING WEST & some of TO's best nightlife. This modern sanctuary showcases stunning unobstructed east views with a View Overlooking the Toronto skyline. Steps To Restaurants, Nightlife and future TTC subway stn. Sun-Soaked Throughout. Spacious and Bright Primary Bedroom. Entertain your Guests in this modern urban sanctuary. Includes 1 PARKING Space, 1 LOCKER, 24 Hr Concierge, Recreation and Business Centre, Gym, Meeting Room And Much More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-24 | 2023-09-30 | 129 | $4,995 | - | Expired |
Extras
This is your executive home personified. You will not be disappointed!
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
$5,186 (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 $1,119,900, which is $350,237 (45.5%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Psr
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