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    802 - 501 Adelaide St W

    $1,058,0002 bds2 ba1 pk1,078 sqft
    32 Days on Strata
    Est Sell Timeframe:
    9 Days
    $1,058,000
    2 Beds
    2 Bath
    1 Parking
    1,078 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $1,126/mth

    Taxes:

    $5,894 (2024)

    Cost Per Sqft:

    $981/sqft

    Outdoor Space:

    Enclosed/Solarium

    Locker:

    Owned

    Exposure:

    North East

    Possession Date:

    To Be Determined

    Laundry:

    Main

    Amenities

    Bike Storage
    Media Room
    BBQs Allowed
    Rooftop Deck
    Gym Room
    Visitor Parking
    Party Room
    Concierge

    About this Listing

    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 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. Extras include additional $40K In upgrades, enclosed balcony, parking & locker. Building features 24 Hour Concierge, Gym and Roof terrace.

    ExtrasFridge, Cooktop, Range Hood, B/I Dishwasher, Washer/Dryer, Microwave. All window coverings, all electric light fixtures, Quartz Countertops, Backsplash, Undermount Lighting, Centre island with waterfall edge, 5'' upgraded engineered hardwood flooring.

    right at home realtyMLS® #C11998682

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Dining

    hardwood floor, Open Concept, Walkout To Balcony

    18.14 x 17.13ft

    Living

    hardwood floor, Open Concept, Combined with Dining

    17.13 x 18.14ft

    Kitchen

    Centre Island, Quartz Counter, Built-in Appliances

    13.94 x 13.55ft

    Primary

    hardwood floor, Ensuite Bath, Double Closet

    11.45 x 11.45ft

    2nd Bedroom

    hardwood floor, Double Closet, Large Window

    15.03 x 8.63ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore King West


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    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Kingly Condos spend an average of
    53
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    37th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    Kingly Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Kingly Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Kingly Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Kingly Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Kingly Condos

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$530,000 - $770,000No Data$943,800 - $1,075,000$960,000 - $1,875,000
    Avg. Cost Per Sqft$1,146No Data$1,123$1,042
    Avg. Wait for Unit Availability92 DaysNo Data172 Days448 Days
    Ratio of Units in Building58%4%32%8%

    Market Inventory

    Total number of units listed and sold in King West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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