501 Adelaide St W 802

FOR SALE
$1,058,000
501 Adelaide St W 802, Downtown Toronto
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
501 Adelaide St W 802
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C11998682
MLSID
Contact Us
Property Description
Welcome to this executive corner suite at Kingly condos in the heart of the Fashion District. Discover luxury living in this stunning 1,078 sq. ft. NE corner suite, featuring 2 spacious bedrooms and 2 full bathrooms. This suite is bathed in natural light through expansive, wall-to-wall windows, showcasing unobstructed views of the city skyline and the iconic CN Tower. Highlights include 9' smooth ceilings and a designer Scavolini kitchen with sleek European-style cabinetry. A great opportunity to reside in Kingly, a prestigious 132-unit boutique building with a classic brick facade and NY-style loft windows, blending elegance with premium amenities and services. Extras include additional $40K In upgrades, enclosed balcony, parking & locker. Building features 24 Hour Concierge, Gym and Roof terrace.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-30 2024-12-10 41 $1,099,000 - Terminated
2022-10-03 2022-11-22 50 $4,600 $5,000 Leased
2020-10-03 2020-10-22 19 $4,200 - Terminated
2020-07-26 2020-10-22 88 $1,238,000 - Terminated
2020-06-27 2020-09-28 93 $4,200 - Expired
2019-05-08 2019-07-20 73 $1,199,000 - Terminated
Nearby Intersections
Property Features
Clear View, Hospital, Place Of Worship, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,894 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
DiningMain17.13' x 18.14'Hardwood Floor, Open Concept, W/O To Balcony
LivingMain18.14' x 17.13'Hardwood Floor, Open Concept, Combined W/Dining
KitchenMain13.55' x 13.94'Centre Island, Quartz Counter, B/I Appliances
Prim BdrmMain11.45' x 11.45'Hardwood Floor, Ensuite Bath, Double Closet
2nd BrMain8.63' x 15.03'Hardwood Floor, Double Closet, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Adelaide St W 802 is a 2-bedroom 2-bathroom condo listed for sale at $1,058,000, which is $301,399 (39.8%) 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 Right At Home Realty
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