525 Adelaide St W 1606

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525 Adelaide St W 1606, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
C3898989
MLSID
Contact Us
Property Description
*Priced To Sell* Spectacular Corner Suite Located In The Heart Of King Street West. This 3 Bedroom Stunner Features 9 Ft Ceilings Open Concept Kitchen With Stainless Steel Appliances, Granite Countertops, Spacious Rooms, Walk In Closets, 2 Balconies, Parking And Locker. Condo Has The Best Amenities, Outdoor Pool, A Gorgeous Rooftop With Bbq's And Beautiful Views Of The City. Walking Distance To Everything! Shows Like A Model Home. Move In Ready!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-07-04 2022-07-11 7 $4,100 $4,100 Leased
2022-02-22 2022-02-25 3 $999,900 $1,285,000 Sold
2020-10-20 2020-11-04 15 $999,900 - Suspended
2020-09-15 2020-10-20 35 $1,099,900 - Terminated
Extras
S/S Fridge, S/S Stove, S/S Microwave, S/S Dishwasher, Stacked Washer/Dryer, All Electrical Light Fixtures, All Window Coverings, 1 Parking Spot, 1 Locker. This New Building Features Great Amenities. 24 Hour Concierge And So Much More...
Property Features
Arts Centre, Library, Marina, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P4)
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
525 Adelaide St W 1606 is a 3-bedroom 2-bathroom condo listed for sale at $839,900, which is $90,320 (9.7%) lower than the average sold price of $930,220 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $745 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $61,449 (7.1%) from the same time one year ago.
Inventory Change
There were 215 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.9% compared with the previous 30 day period (February 9 - March 9) and up 26.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($4,785) (0.5%) below asking price over the last 30 days (March 10 - April 8), which represents a $24,130 increase compared to the previous 30 day period (February 9 - March 9) and ($10,538) more 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 3-bedroom condos in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 51.6%, up from 44.4% over the previous 30 days (February 9 - March 9) and down from 57.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 10 - April 8), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ultimate Realty Inc., Brokerage
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