525 Adelaide St W 503

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525 Adelaide St W 503, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C8298518
MLSID
Contact Us
Property Description
Revel in this rare luxury suite. This bright sun-filled and tastefully decorated space has over 1000 sq ft. The open-concept floorplan presents an ideal canvas for entertaining, seamlessly blending living spaces while providing ample storage solutions. This luxurious apartment features an ensuite bathroom from the primary bedroom. Furthermore, this apartment includes a rare parking and spacious walk-in locker combo that is not often found downtown. The location of this apartment is A1: located in the highly sought-after C01 community, which boasts numerous noteworthy restaurants, entertainment options, sporting venues along with easy access to public transit.
Extras
Resort-Like Amenities: Pool, Gym, Sauna, Guest Suites, lovely roof top garden & More! S/S Fridge, Stove, Dishwasher & Microwave. Full Size Washer & Dryer. Ample Visitor Parking. Bonus: Parking and rare locker included.
Nearby Intersections
Property Features
Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,878 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2 #42)
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
525 Adelaide St W 503 is a 3-bedroom 2-bathroom condo listed for sale at $999,000, which is $42,654 (4.1%) lower than the average sold price of $1,041,654 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $75,325 (7.8%) compared to the previous 30 day period (March 15 - April 13) and up $129,053 (14.1%) from the same time one year ago.
Inventory Change
There were 302 3-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 54.1% compared with the previous 30 day period (March 15 - April 13) and up 46.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($10,697) (1.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,136 decrease compared to the previous 30 day period (March 15 - April 13) and ($19,491) more 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 (April 14 - May 13) stood at 27.5%, down from 56.6% over the previous 30 days (March 15 - April 13) and down from 55.8% 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 (April 14 - May 13), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with International Realty Firm, Inc.
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