501 Adelaide St W 1104
Waterfront Communities C1, Downtown Toronto, M5V 0R3
FOR SALE
$699,000
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1
BEDROOMS1
BATHROOMS1
KITCHENS3 + 1
ROOMSC9373478
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Property Description
**6 months of maintenance fees paid for by the seller.** Designed with a sleek Scavolini kitchen, it boasts unobstructed city views and high-end finishes that redefine elegance. The spacious layout creates the perfect setting for both a full dining room and a generous living space, making it an entertainer's dream. Whether you're an investor seeking prime location or an end-user yearning for proximity to the financial district, highways transit, shops & restaurants, this is your gateway to sophisticated urban living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-06 | 2023-11-08 | 2 | $599,000 | - | Terminated |
| 2023-10-25 | 2023-11-06 | 12 | $749,000 | - | Terminated |
Extras
Custom closets throughout, electric blackout blinds, glassed shower & many more upgrades.
Nearby Intersections
Property Features
Clear View, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,831 (2023)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Flat | 15.49' x 16.70' | W/O To Balcony, Combined W/Living, Hardwood Floor |
| Living | Flat | 15.49' x 16.70' | W/O To Balcony, Combined W/Dining, Hardwood Floor |
| Br | Flat | 9.09' x 9.38' | Large Closet, Hardwood Floor |
| Kitchen | Flat | 10.60' x 6.40' | B/I Appliances |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Adelaide St W 1104 is a 1-bedroom 1-bathroom condo listed for sale at $699,000, which is $124,918 (21.8%) higher than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% 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 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Psr
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