525 Adelaide St W 603
Waterfront Communities C1, Downtown Toronto, M5V 1T6
FOR SALE
$999,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC8232504
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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.
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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
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,874 (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
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
525 Adelaide St W 603 is a 3-bedroom 2-bathroom condo listed for sale at $999,000, which is $77,509 (8.4%) higher than the average sold price of $921,491 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $21,050 (2.3%) compared to the previous 30 day period (February 29 - March 29) and up $57,537 (6.7%) from the same time one year ago.Inventory Change
There were 246 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is up 10.8% compared with the previous 30 day period (February 29 - March 29) and up 43.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($6,819) (0.7%) below asking price over the last 30 days (March 30 - April 28), which represents a $5,408 decrease compared to the previous 30 day period (February 29 - March 29) and ($12,617) 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 (March 30 - April 28) stood at 43.9%, up from 40.1% over the previous 30 days (February 29 - March 29) and down from 60.5% 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 27 days when successfully sold over the last 30 days (March 30 - April 28), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with International Realty Firm, Inc.
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