501 Adelaide St W 311

FOR SALE
$998,000
501 Adelaide St W 311, Downtown Toronto
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
501 Adelaide St W 311
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C9511746
MLSID
Contact Us
Property Description
Luxury 3 bedroom Newer condo.1139 St+56 Sf balcony with BBQ gas connection. Soaring 9' ceilings, high end kitchen perfect for hosting. Quartz counter tops, European style cabinetry & Centre Island. Freshly pained, upgraded new flooring throughout, New light fixtures in every room. Kingly condos is a Boutique-style Residence with 24 Hour concierge services. Walking distance to financial district and world class Dining and Entertainment, next to 24 -hour TTC routes. Includes one Parking space and one Locker. Just move in and enjoy it all.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-03 2024-10-24 143 $1,098,000 - Terminated
2023-04-18 2023-09-30 166 $1,159,000 - Expired
2022-07-22 2023-02-28 224 $1,234,900 - Expired
2021-10-04 2022-01-01 89 $1,249,900 - Expired
2021-03-01 2021-07-04 125 $1,239,000 - Terminated
2020-07-17 2021-02-28 226 $1,239,000 - Expired
2020-03-18 2020-07-22 126 $4,000 $4,000 Leased
2020-02-28 2020-07-15 138 $1,179,000 - Terminated
2019-10-22 2020-02-29 130 $1,229,000 - Terminated
2019-10-01 2019-10-21 20 $3,990 - Terminated
Extras
Fridge, stove, B/I dishwasher, microwave, Range hood, stacked washer/dryer, all blinds, all electric light fixtures
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,245 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive (P3 27C)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain16.31' x 25.89'Combined W/Dining, Hardwood Floor, W/O To Balcony
DiningMain16.31' x 25.89'Combined W/Living, Hardwood Floor
KitchenMain16.31' x 25.89'Centre Island, Modern Kitchen
Prim BdrmMain10.01' x 19.88', Large Closet, 3 Pc Ensuite
2nd BrMain8.60' x 13.94', His/Hers Closets
3rd BrMain8.10' x 9.19', Double Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Adelaide St W 311 is a 3-bedroom 2-bathroom condo listed for sale at $998,000, which is $31,179 (3.2%) higher than the average sold price of $966,821 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $187,625 (24.1%) compared to the previous 30 day period (September 1 - September 30) and down $73,536 (7.1%) from the same time one year ago.
Inventory Change
There were 228 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 18.3% compared with the previous 30 day period (September 1 - September 30) and up 21.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($21,073) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,295 decrease compared to the previous 30 day period (September 1 - September 30) and ($17,522) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 39.0%, up from 28.0% over the previous 30 days (September 1 - September 30) and up from 30.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife New World Realty Inc.
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