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    Toronto / Midtown / Mount Pleasant East

    2901 - 5 Soudan Ave

    For SaleArt Shoppe Lofts + Condos
    $869,000
    2 Beds
    2 Bath
    1 Parking
    700 SQFT
    16 Days on Strata
    Est Sell Timeframe
    4 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $711/mth
    Taxes:
    $3,358 (2023)
    Cost Per Sqft:
    $1,241/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    September 18, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Foyer
    Double Closet, Pot Lights, Hardwood Floor
    5.51 x 3.35ft
    Living
    Open Concept, Windows Floor to Ceiling, South View
    10.83 x 9.51ft
    Dining
    Combined with Living, Hardwood Floor, Pot Lights
    10.83 x 9.51ft

    About this Listing

    Spectacular, rare, south-facing (approx. 700sf) 2-bedroom, 2-bath + 53sf private balcony suite inside the iconic Art Shoppe Condos. Enjoy this incredible lifestyle opportunity; with a one-of-a-kind lobby designed by the legendary Karl Lagerfeld (Chanel) and 30,000sf of world class amenities by Cecconi Simone for exclusive use by residents and their guests! Suite 2901 features a great open-concept layout with soaring 9ft ceilings heights, floor to ceiling windows, custom blinds + 30k in builder upgrades include; built-in powered kitchen island w/breakfast bar, custom seamless caesar stone backsplash, upgraded matte finish cabinets, flush undermount lighting, upgraded bathroom tile, hardwood flooring and more. Separately deeded underground parking and locker included! Pls click for floor plans and full image gallery. A nice blend of calm and bustle on this historic tree-lined street, steps to Yonge and Eglinton's abundance of amenities, and new LRT transit hub; it's a sweet spot! FREED built, resort-style living; clean, luxurious and well managed 'smoke-free' community w/24hr concierge/security. Farm Boy, Bistro, Staples & Oretta Midtown in the building!

    ExtrasStunning rooftop infinity pool overlooking the city, cabanas, full gym, BBQ's, indoor/outdoor yoga space, private cinema, billiards, party rm, social lounges, dining rm, bonus 6th floor rooftop, kids-zone, guest suites & visitor parking.

    chestnut park real estate limitedMLS® #C9305620

    Amenities

    Indoor Pool
    Guest Suites
    Party Room
    Visitor Parking
    Rooftop Deck
    BBQ

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Art Shoppe Lofts + Condos vs The Mount Pleasant East Area

    Building Trends At Art Shoppe Lofts + Condos

    Days on Strata

    Units at Art Shoppe Lofts + Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant East

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 50 condos in the Mount Pleasant East area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    107
    Units were Rented over the past twelve months

    Best Value Rank

    Art Shoppe Lofts + Condos offers the
    ?
    best value out of 50 condos in the Mount Pleasant East neighbourhood

    Appreciation Rank

    Art Shoppe Lofts + Condos has the
    ?
    highest ROI out of 50 condos in the Mount Pleasant East neighbourhood

    Rental Yield

    Art Shoppe Lofts + Condos yields the
    ?
    highest rent prices out of 50 condos in the Mount Pleasant East neighbourhood

    High Demand

    Art Shoppe Lofts + Condos is the
    ?
    most popular building out of 50 condos in the Mount Pleasant East neighbourhood

    Transaction Insights at 5 Soudan Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$450,000 - $463,500$474,000$615,000 - $700,000$685,000 - $1,000,000No Data$1,688,000No Data
    Avg. Cost Per Sqft$1,472$1,296$1,063$1,189No Data$1,145No Data
    Avg. Wait for Unit Availability70 Days55 Days33 Days27 Days90 DaysNo DataNo Data
    Ratio of Units in Building11%16%32%35%7%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant East