525 Adelaide St W 1622
Waterfront Communities C1, Downtown Toronto, M5V 0N7
FOR SALE
$599,999
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
Love the energy of King West but crave a peaceful retreat? This stunning 1+ den, 2-bathroom condo in a well managed building with LOW MAINTENANCE FEES offers the best of both worlds! Nestled in a quiet pocket with breathtaking park views, yet just steps from the vibrant buzz of King Street West, this modern gem is designed for stylish city living. With a functional, no-wasted-space layout, this unit is perfect for entertaining. The open-concept living, dining, and kitchen area features quartz countertops and full-size stainless steel appliances. The spacious primary bedroom boasts an ensuite, while the fully enclosed den (complete with a sliding glass door for privacy) can double as a second bedroom or a roomy home office. Thoughtful upgrades and conveniences include a full-size washer and dryer, mirrored closet doors to enhance natural light, custom closet organizers, pre-installed TV outlet in the living room and primary bedroom, stylish flush-mount lighting (2023), and a brand-new dishwasher (2024). Located in a prime downtown spot, this condo puts you in the heart of it all! You're just steps from the future Ontario Line subway station and surrounded by top restaurants, trendy cafes, and stylish boutiques. Enjoy quick access to Trinity Bellwoods Park, the waterfront, Billy Bishop Airport, highways, and multiple gyms and fitness centres whether you're commuting, exploring, or keeping active, everything you need is right at your doorstep. Living here isn't just about the condo it's about the lifestyle! Residents get access to awesome building amenities, including a swimming pool, a fully equipped gym, two stylish party rooms, a media room, men's and women's saunas, a steam room, and a rooftop terrace with a BBQ area perfect for summer hangs. And the best part? PARKING & LOCKER INCLUDED! Don't miss your chance to call this vibrant neighbourhood home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-25 | 2024-02-14 | 20 | $3,300 | - | Terminated |
| 2023-12-19 | 2024-01-08 | 20 | $3,300 | - | Terminated |
| 2023-09-26 | 2023-12-18 | 83 | $3,450 | - | Terminated |
| 2020-07-13 | 2020-08-19 | 37 | $2,700 | $2,700 | Leased |
| 2020-01-15 | 2020-02-02 | 18 | $3,200 | $3,600 | Leased |
| 2019-11-14 | 2019-11-26 | 12 | $3,100 | - | Suspended |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,883 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.09' x 12.80' | Combined W/Living, Laminate, Stainless Steel Appl |
| Living | Main | 9.94' x 10.79' | Combined W/Kitchen, Laminate, W/O To Balcony |
| Prim Bdrm | Main | 9.45' x 11.25' | Closet, Laminate, 4 Pc Ensuite |
| Den | Main | 3.84' x 9.88' | Closet, Laminate, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
525 Adelaide St W 1622 is a 1-bedroom 2-bathroom condo listed for sale at $599,999, which is $42,889 (7.7%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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