525 Adelaide St W PH20

FOR SALE
$890,000
525 Adelaide St W PH20, Downtown Toronto
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
525 Adelaide St W PH20
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C9236868
MLSID
Contact Us
Property Description
Gorgeous penthouse 1 plus den suite in a vibrant downtown location, steps away from Toronto's entertainment district, financial and fashion districts. Well laid out floor plan with one bedroom and a large den that works as a room. TWO parking spots included with the unit ** measurement as per builder's plan
Nearby Intersections
Property Features
Clear View, Park, Public Transit, Rec Centre
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,491 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Parking 2
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.91' x 23.39'
DiningFlat9.91' x 23.39'
KitchenFlat9.42' x 23.39'
Prim BdrmFlat9.42' x 11.42'
DenFlat8.07' x 10.01'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
525 Adelaide St W PH20 is a 1-bedroom 2-bathroom condo listed for sale at $890,000, which is $324,016 (57.2%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.
Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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