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    Toronto / Midtown / Casa Loma

    407 - 501 St. Clair Ave W

    For SaleRise Condos
    $749,000
    2 Beds
    2 Bath
    1 Parking
    771 SQFT
    2 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $906/mth
    Taxes:
    $3,598 (2024)
    Cost Per Sqft:
    $971/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Terrace
    Exposure:
    South East
    Possession Date:
    January 31, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Se View, Balcony, Combined with Kitchen
    18.01 x 12.83ft
    Kitchen
    Built-in Appliances, Se View, Combined with Living
    18.01 x 12.5ft
    Prim Bdrm
    4 Piece Ensuite, Double Closet, East View
    12.4 x 9.91ft

    About this Listing

    An Incredible Opportunity At One Of The City's Most Prestigious Buildings. This Spacious And Open 771 Sq Ft Corner Unit With 2 Bedrooms, 2 Bathroom And SE Views Is A Must See. 9' Ceilings And Floor To Ceiling Windows Facing South And East Coat The Space In Sunshine Morning To Night. The Open Concept Kitchen Has An Oversized Island With Loads Of Storage And Built-In Dining Bar, Quartz Countertops And Full Size Appliances Including A Gas Range. The Terrace Looks Out Over The Beautiful Trees Of Casa Loma With Unobstructed Views Of The City And CN Tower. The Unit Has Tons Of Storage In Addition To The Included Locker. Now Let's Talk About The Building's Amenities - 24hr Concierge, Infinity Rooftop Pool With City Views, Gym, Yoga Room, Billiards Room, Lounge, Library And Movie Theatre. Right Outside Your Door You Have St.Clair West Subway Station, Loblaws, Cedarvale Ravine, and Some of the Best Restaurants And Coffee Shops In The City.

    forest hill real estate inc.MLS® #C10432655

    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Gym Room
    Bike Storage

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    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
    6,579
    Average Individual Income
    $61,605
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $101,954
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    33%
    35 - 49
    20%
    50 - 64
    17%
    65+
    14%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    25%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    55%
    Detached
    27%
    Low Rise Apartment
    9%
    Semi Detached
    4%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    8%
    Telugu
    2%
    Tagalog
    2%
    Arabic
    1%
    Hindi
    1%
    Korean
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    11%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    17%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Rise Condos vs The Casa Loma Area

    Building Trends At Rise Condos

    Days on Strata

    Units at Rise Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

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

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 40 condos in the Casa Loma area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    33
    Units were Rented over the past twelve months

    Best Value Rank

    Rise Condos offers the
    ?
    best value out of 40 condos in the Casa Loma neighbourhood

    Appreciation Rank

    Rise Condos has the
    ?
    highest ROI out of 40 condos in the Casa Loma neighbourhood

    Rental Yield

    Rise Condos yields the
    ?
    highest rent prices out of 40 condos in the Casa Loma neighbourhood

    High Demand

    Rise Condos is the
    ?
    most popular building out of 40 condos in the Casa Loma neighbourhood

    Transaction Insights at 501 St Clair Avenue W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$770,000$670,000 - $785,000No Data$1,073,000 - $1,125,000
    Avg. Cost Per SqftNo Data$1,126$1,039No Data$1,255
    Avg. Wait for Unit Availability208 Days80 Days62 Days125 Days188 Days
    Ratio of Units in Building10%35%32%20%6%

    Transactions vs Inventory

    Total number of units listed and sold in Casa Loma