1603 - 5 Soudan Ave

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For SaleArt Shoppe Lofts + Condos

$1,768,888

3 Beds

3 Bath

1 Parking

1,544 SQFT

51 Days on Strata

Est Sell Timeframe

12 Days

Listing History

Unit Highlights

Property Type:

Soft Loft

Maintenance Fees:

$1,300/mth

Taxes:

$6,390 (2024)

Cost Per Sqft:

$1,146/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South East

Possession Date:

To Be Arranged

Laundry:

Ensuite

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Air Conditioning

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Heat

Water

Utility Type

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air

Room Dimensions

Living

Se View, Walkout To Balcony, Hardwood Floor

22.57 x 22.57ft

Dining

Se View, Combined with Living, Hardwood Floor

22.57 x 22.57ft

Kitchen

Modern Kitchen, Centre Island, Pantry

22.57 x 20.51ft

About this Listing

Experience high-end living in this upgraded executive suite, featuring a fantastic SE view and 1,544 sqft of luxurious space. This stunning unit boasts 10-foot ceilings and is wrapped in floor-to-ceiling windows & a balcony, providing an abundance of natural light & breathtaking views.The modern kitchen, equipped with high-end upgrades, includes a central marble island that overlooks the open-plan living & dining areas, along with ample pantry space. The suite offers three generous-sized bedrooms, Master Bedroom includes a 5-piece ensuite & a walk-in closet. Second Bedroom features an ensuite & a walk-in closet. Third Bedroom comes with a walk-out balcony. Enjoy world-class amenities and the convenience of being steps away from the subway, shopping, restaurants, coffee shops, and the best that Midtown has to offer, including the top-rated Whitney Junior Public School. This award-winning boutique Art Shoppe epitomizes luxury and elegance, perfect for those seeking an elevated lifestyle.

ExtrasHigh End Appliance, Custom Made Motorized Blinds, 5 Star World Class Amenities. The unit has been freshly and professionally painted.

re/max escarpment realty inc.MLS® #C9351697

Amenities

Concierge

Visitor Parking

Party Room

Rec Room

Rooftop Deck

Sauna

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

11,711

Average Individual Income

$59,569

Average Household Size

3 persons

Average Age

Average Household Income

$98,571

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

13%

15 - 19

20 - 34

28%

35 - 49

19%

50 - 64

19%

65+

17%

Household Income

$0 - $30,000

48%

$30,000+

26%

$60,000+

14%

$90,000+

$125,000+

Housing Types & Tenancy

High Rise Apartment

44%

Detached

28%

Low Rise Apartment

12%

Semi Detached

11%

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

69%

Mandarin

14%

Cantonese

11%

Tagalog

Telugu

Arabic

Spanish

Hindi

Education

University and Above

41%

High School

23%

College

15%

None

14%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

28%

Architecture & Engineering

19%

Social Sciences

11%

Health & Related Fields

10%

Math & Computer Sciences

Physical Sciences

Humanities

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Agriculture & Natural Resources

Price Trends

Maintenance Fees

Art Shoppe Lofts + Condos vs The Mount Pleasant West Area

Building Trends At Art Shoppe Lofts + Condos

Days on Strata

Units at Art Shoppe Lofts + Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these lofts sell for

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 West

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

1st

Highest price per SQFT out of 57 condos in the Mount Pleasant West area

Sold Units

Units were Sold over the past twelve months

Rented Units

114

Units were Rented over the past twelve months

Best Value Rank

Art Shoppe Lofts + Condos offers the

best value out of 57 condos in the Mount Pleasant West neighbourhood

Appreciation Rank

Art Shoppe Lofts + Condos has the

highest ROI out of 57 condos in the Mount Pleasant West neighbourhood

Rental Yield

Art Shoppe Lofts + Condos yields the

highest rent prices out of 57 condos in the Mount Pleasant West neighbourhood

High Demand

Art Shoppe Lofts + Condos is the

most popular building out of 57 condos in the Mount Pleasant West neighbourhood

Transaction Insights at 5 Soudan Avenue

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	$450,000 - $463,500	$474,000	$615,000 - $690,000	$751,888 - $1,000,000	No Data	$1,688,000	No Data
Avg. Cost Per Sqft	$1,472	$1,296	$1,068	$1,162	No Data	$1,145	No Data
Price Range	$1,850 - $2,200	$2,000 - $2,450	$2,200 - $2,900	$2,725 - $3,800	$3,000 - $5,700	No Data	No Data
Avg. Wait for Unit Availability	70 Days	55 Days	33 Days	27 Days	90 Days	No Data	No Data
Avg. Wait for Unit Availability	18 Days	13 Days	8 Days	8 Days	51 Days	333 Days	No Data
Ratio of Units in Building	11%	16%	32%	35%	7%	1%	1%

Transactions vs Inventory

Total number of units listed and sold in Mount Pleasant West