501 Adelaide St W 311
Waterfront Communities C1, Downtown Toronto, M5V 1T4
FOR SALE
$998,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC9511746
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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.
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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
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.31' x 25.89' | Combined W/Dining, Hardwood Floor, W/O To Balcony |
| Dining | Main | 16.31' x 25.89' | Combined W/Living, Hardwood Floor |
| Kitchen | Main | 16.31' x 25.89' | Centre Island, Modern Kitchen |
| Prim Bdrm | Main | 10.01' x 19.88' | , Large Closet, 3 Pc Ensuite |
| 2nd Br | Main | 8.60' x 13.94' | , His/Hers Closets |
| 3rd Br | Main | 8.10' x 9.19' | , Double Closet |
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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 $84,037 (9.2%) higher than the average sold price of $913,963 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $20,225 (2.3%) compared to the previous 30 day period (September 21 - October 20) and down $15,450 (1.7%) from the same time one year ago.Inventory Change
There were 219 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 3.5% compared with the previous 30 day period (September 21 - October 20) and up 13.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($20,684) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,312 decrease compared to the previous 30 day period (September 21 - October 20) and ($20,658) 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 21 - November 19) stood at 45.2%, up from 35.2% over the previous 30 days (September 21 - October 20) and up from 27.5% 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 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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