42 days on Market

501 Adelaide St #802, Toronto, Ontario M5V 1T4

In the same building:
-
Condo
2
2
~1000-1199 sqft
$1,058,000
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Condo
2
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$970/sqft

Est. Mortgage$4,544/mo

Maintenance fees$1126/mo

Tax Amount (2024)$5,894/yr

Days On Market42 days


Description

Welcome to this executive corner suite at Kingly condos in the heart of the Fashion District. Discover luxury living in this stunning 1,078 sq. ft. NE corner suite, featuring 2 spacious bedrooms and 2 full bathrooms. This suite is bathed in natural light through expansive, wall-to-wall windows, showcasing unobstructed views of the city skyline and the iconic CN Tower. Highlights include soaring 9' smooth ceilings and a designer Scavolini kitchen with sleek European-style cabinetry. A great opportunity to reside in Kingly, a prestigious 132-unit boutique building with a classic brick facade and NY-style loft windows, blending elegance with premium amenities and services.


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11887889
Community NameEntertainment District
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

2nd Br

4.58 x 2.63

Hardwood Floor / Double Closet / Large Window

Dining

5.53 x 5.22

Hardwood Floor / Open Concept / W/O To Balcony

Living

5.22 x 5.53

Hardwood Floor / Open Concept / Combined W/Dining

Kitchen

4.25 x 4.13

Centre Island / Quartz Counter / B/I Appliances


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


8Story
Amenities

Concierge, Gym, Media Room, Party/Meeting Room, Rooftop Deck/Garden

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Listed
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42 days on market
history photo preview34
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment 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

2024

44 days

2023

40 days

2022

27 days

New Listings

Past 30 days

411 listings

Compared to

2024

276 listings

2023

206 listings

2022

77 listings

Units sold

Past 30 days

26 units

Compared to

2024

48 units

2023

30 units

2022

92 units

Median Sold Price

Past 30 days

$682,000

Compared to

2024

$715,000

2023

$780,000

2022

$745,000


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