12 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 Market12 days


Description

Welcome to an 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

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

Prim Bdrm

3.49 x 3.49

Hardwood Floor / Ensuite Bath / Double Closet


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 listed by RIGHT AT HOME 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