501 Adelaide St W 909
Waterfront Communities C1, Downtown Toronto, M5V 0R3
FOR SALE
$559,900
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Property Description
Welcome to Kingly! Beautiful, like-new rare corner 1-bed/1-bath in the heart of King West! Perfectly laid out 534 sq ft South-West facing bright corner suite with 9' ceilings, hardwood floors throughout, and a sleek modern kitchen with integrated appliances. Tons of natural light with huge windows, an actual bedroom with a large picture window and a real door, plus a separate nook in the living area perfect for those work-from-home days. Unit has been meticulously maintained and feels brand new. Boutique, mid-rise building, steps to everything King West has to offer - restaurants, bars, nightlife, with the King streetcar steps away.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-07-20 | 2021-07-27 | 7 | $1,900 | $1,950 | Leased |
| 2020-07-09 | 2020-07-13 | 4 | $1,950 | $1,950 | Leased |
| 2019-12-04 | 2019-12-21 | 17 | $2,250 | $2,125 | Leased |
Extras
Storage locker included. Custom roller blinds, with blackout blinds in the bedroom. Quiet, low-key building with great amenities: A great gym, roof deck with BBQs, party room/lounge, 24 hour concierge.
Nearby Intersections
Property Features
Clear View, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,768 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.68' x 14.93' | Hardwood Floor, Juliette Balcony, Sw View |
| Dining | Main | 15.68' x 14.93' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Main | 3.28' x 10.76' | Hardwood Floor, Quartz Counter, Open Concept |
| Br | Main | 8.92' x 10.01' | Hardwood Floor, Large Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Adelaide St W 909 is a 1-bedroom 1-bathroom condo listed for sale at $559,900, which is $7,004 (1.2%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 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 Ipro Realty Ltd
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