Living room, wood floors for 501 Adelaide St #611, Toronto Ontario M5V 1T4
33 days on Market

501 Adelaide St #611, Toronto, Ontario M5V 1T4

In the same building:
-
Condo
3
2
~1000-1199 sqft
$1,699,000
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Condo
3
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,558/sqft

Est. Mortgage$7,296/mo

Maintenance fees$1261/mo

Tax Amount (2024)$6,616/yr

Days On Market33 days


Description

Rarely Does A Residence Of Such Great Importance And Unrivaled Luxury Become Available In King West. This Is Your Opportunity To Own Approximately 1200 Meticulously Updated Interior Square Feet, Complimented By A Breathtaking 600 Square Foot Private Terrace Oasis In The Highly Sought After Kingly. The Three-Bedroom Suite Showcases Dramatic City Views From Floor To Ceiling Windows Which Draw An Abundance Of Natural Light Throughout. The Well-Defined Principal Rooms Are Designed For Effortless Entertaining As They Accommodate An Unrivaled Living Experience And Seamlessly Integrate Into One Of King West's Most Impressive Terraces. The Modern Scavolini Kitchen Features Top Of The Line Appliances And Provides Functionality With A Convenient Pantry & Breakfast Bar. The Primary Bedroom Retreat Includes A Three-Piece Ensuite Bathroom And A Wall-To-Wall Closet System. The Spacious Second Bedroom Is Perfect For All Guests Or Families And Includes A Convenient Walk-Out To The Garden Terrace. The Third Bedroom Provides A Great Opportunity For A Large Office, Home Gym Or Media Room. The Residence Features A Second, Updated Four Piece, Spa-Like Bathroom.


Property Details

StyleApartment
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC10431109
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX HALLMARK BIBBY GROUP REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

7.34 x 4.45

Hardwood Floor / Window Flr to Ceil / W/O To Terrace

Prim Bdrm

3.66 x 2.87

Hardwood Floor / Window Flr to Ceil / W/O To Terrace

2nd Br

3.95 x 2.56

Hardwood Floor / Double Closet / B/I Appliances

3rd Br

3.07 x 2.95

Hardwood Floor / Double Closet / Glass Doors


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


06Story
Elevator
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX HALLMARK BIBBY GROUP REALTY, 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

43 days

Compared to

2023

37 days

2022

22 days

2021

23 days

New Listings

Past 30 days

398 listings

Compared to

2023

317 listings

2022

215 listings

2021

131 listings

Units sold

Past 30 days

45 units

Compared to

2023

59 units

2022

45 units

2021

120 units

Median Sold Price

Past 30 days

$660,000

Compared to

2023

$656,000

2022

$710,000

2021

$739,750


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