58 days on Market

501 Adelaide St #311, Toronto, Ontario M5V 1T4

In the same building:
-
Condo
3
2
~1000-1199 sqft
$998,000
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Condo
3
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$915/sqft

Est. Mortgage$4,286/mo

Maintenance fees$1214/mo

Tax Amount (2023)$5,245/yr

Days On Market58 days


Description

Luxury 3 bedroom Newer condo.1139 St+56 Sf balcony with BBQ gas connection. Soaring 9' ceilings, high end kitchen perfect for hosting. Quartz counter tops, European style cabinetry & Centre Island. Freshly pained, upgraded new flooring throughout, New light fixtures in every room. Kingly condos is a Boutique-style Residence with 24 Hour concierge services. Walking distance to financial district and world class Dining and Entertainment, next to 24 -hour TTC routes. Includes one Parking space and one Locker. Just move in and enjoy it all.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC9511746
Community NameEntertainment District
Data SourceTRREB
Listing byHOMELIFE NEW WORLD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

7.89 x 4.97

Centre Island / Modern Kitchen

Prim Bdrm

6.06 x 3.05

Large Closet / 3 Pc Ensuite

2nd Br

4.25 x 2.62

His/Hers Closets

Living

7.89 x 4.97

Combined W/Dining / Hardwood Floor / W/O To Balcony


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


03Story
Elevator
Amenities

Bike Storage, Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by HOMELIFE NEW WORLD REALTY INC., Brokerage

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Market Data - Entertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2023

38 days

2022

24 days

2021

23 days

New Listings

Past 30 days

395 listings

Compared to

2023

314 listings

2022

215 listings

2021

122 listings

Units sold

Past 30 days

39 units

Compared to

2023

58 units

2022

43 units

2021

114 units

Median Sold Price

Past 30 days

$623,000

Compared to

2023

$671,750

2022

$710,000

2021

$743,250


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget