295 Adelaide St W 824
Waterfront Communities C1, Downtown Toronto, M5V 0L4
FOR SALE
$1,100,000

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BEDROOMS2
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Property Description
"The Pinnacle On Adelaide" Is In The Heart Of The City. Bright and spacious stunning 2-bedroom, 2-bathroom condo unit! Spanning 1050 sq ft of interior space, this gem stands tall amidst the city's vibrant energy. A functional layout, and a stylish kitchen, it's perfect for city living. The master suite has a four-piece en-suite while the sizeable second bedroom and another full bathroom can accommodate guests, roommates, or serve as a much needed work from home space. Unit comes with parking and 2 storage lockers. In the Entertainment District, every night is an adventure. Minutes Away From The Fin. District, Entertaining, Shopping, Restaurant And Major League Sports Venues. This Luxury Elegant Building Comes With Top Of The Line Finishing. Building Amenities Include: Roof Top Deck, Fitness Club: Pool, Outdoor Terrace And Other Amenities.
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Nearby Intersections
King & Spadina (156)
Adelaide & John (49)
Peter & Adelaide (77)
John & Richmond (35)
King & Peter (90)
King & John (143)
Queen & University (48)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,273 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P2)
Parking 2
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 10.27' x 15.49' | Combined W/Dining, W/O To Balcony |
Dining | Flat | 10.27' x 15.49' | Combined W/Living, W/O To Balcony |
Prim Bdrm | Flat | 9.58' x 12.01' | 4 Pc Ensuite, His/Hers Closets |
2nd Br | Flat | 9.91' x 11.58' | Large Closet, West View |
Kitchen | Flat | 6.99' x 11.29' | Ceramic Floor, Stainless Steel Appl, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
295 Adelaide St W 824 is a 2-bedroom 2-bathroom condo listed for sale at $1,100,000, which is $343,399 (45.4%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Community Realty Inc.
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