525 Adelaide St 1221

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525 Adelaide St 1221, Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4068897
MLSID
Contact Us
Property Description
Great King West Location, Spacious 2 Bed, 2 Bath Condo In King West With Parking And Locker! 24Hr Concierge. Resort Style Amenities With Gym & Pool, Steps To Trendy, Restaurants, Shops, Nightlife. Steps To Transit And Easy Access To The Financial Core. Wide Plan Flooring Throughout, Modern Kitchen W/ Stainless Steel Appliances And Lots Of Storage
Extras
Ss Fridge, Ss Microwave, Ss Slide-In Range, Ss Dishwasher, Washer-Dryer, Parking Spot & Storage Locker Included.
Property Details
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Undergrnd
Toronto Market Statistics
Toronto Price Trend
525 Adelaide St 1221 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $101,153 (12.6%) lower than the average sold price of $800,153 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom condo in Toronto increased by $13,971 (1.8%) compared to the previous 30 day period (February 24 - March 24) and up $10,073 (1.3%) from the same time one year ago.
Inventory Change
There were 1,427 2-bedroom condos listed in Toronto over the last 30 days (March 25 - April 23), which is up 21.1% compared with the previous 30 day period (February 24 - March 24) and up 38.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($8,964) (1.1%) below asking price over the last 30 days (March 25 - April 23), which represents a $3,024 increase compared to the previous 30 day period (February 24 - March 24) and ($5,832) 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 2-bedroom condos in Toronto over the last 30 days (March 25 - April 23) stood at 48.4%, up from 46.1% over the previous 30 days (February 24 - March 24) and down from 63.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Toronto stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cityscape Real Estate Ltd., Brokerage
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