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    Toronto / Downtown / King West

    311 - 501 Adelaide St W

    For SaleKingly Condos
    $1,098,000
    3 Beds
    2 Bath
    1 Parking
    1,139 SQFT
    108 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,214/mth
    Taxes:
    $5,245 (2023)
    Cost Per Sqft:
    $964/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    September 2, 2024
    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
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Walkout To Balcony
    25.89 x 16.31ft
    Dining
    Combined with Living, Hardwood Floor
    25.89 x 16.31ft
    Kitchen
    Centre Island, Hardwood Floor, Modern Kitchen
    25.89 x 16.31ft

    About this Listing

    Luxury 3 Bedroom Newer Condo. 1139 Sqft+56 Sf Balcony With Bbq Gas Connection. Soaring 9' Ceilings,Luxurious Kitchen Perfect For Hosting W/ Quartz Counter Tops, European Style Cabinetry & Center Island. Kingly Condos Is A Boutique- Style Residence Located Within Walking Distance Of 24- Hr Ttc Routes, The Financial District And World Class Dining And Entertainment, Includes 24 Hr Concierge Services, Includes One Parking Space & One Locker.

    ExtrasFridge, Stove, B/I Dishwasher, All Blinds ,Range Hood, Stacked Washer & Dryer, Electric Light Fixtures, High Speed Internet Wiring Access. A State Of The Art Gym, And Private Rooftop Terrace With Dining Room.

    homelife new world realty inc.MLS® #C8399288

    Amenities

    Media Room
    Rooftop Deck
    BBQ
    Bike Storage
    Gym Room
    Concierge

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Kingly Condos vs The King West Area

    Building Trends At Kingly Condos

    Days on Strata

    Units at Kingly Condos spend an average of
    63
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 103 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    Kingly Condos offers the
    ?
    best value out of 103 condos in the King West neighbourhood

    Appreciation Rank

    Kingly Condos has the
    ?
    highest ROI out of 103 condos in the King West neighbourhood

    Rental Yield

    Kingly Condos yields the
    ?
    highest rent prices out of 103 condos in the King West neighbourhood

    High Demand

    Kingly Condos is the
    ?
    most popular building out of 103 condos in the King West neighbourhood

    Transaction Insights at 620 King Street W

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$600,000 - $770,000No Data$943,800 - $1,300,000$1,180,000
    Avg. Cost Per Sqft$1,134No Data$1,160$1,134
    Avg. Wait for Unit Availability92 DaysNo Data172 Days760 Days
    Ratio of Units in Building58%4%32%8%

    Transactions vs Inventory

    Total number of units listed and sold in King West