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    460 Adelaide Street E & 424 Adelaide Street E

    Axiom Condos
    6for Sale
    14for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    525
    Condo Completion:
    2017
    Condo Demand:
    Medium
    Unit Size Range:
    385 - 963 SQFT
    Unit Availability:
    High

    Listing History for Axiom Condos

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    Amenities

    Bike Storage
    Rec Room
    Visitor Parking
    Concierge
    Party Room
    Games Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 460 Adelaide Street EAxiom Condos

    Axiom — meaning a self-evident, established, or accepted truth — isn’t a word typically associated with homes. However, the use of the term as the name for the residential building at 424 Adelaide Street East and 460 Adelaide Street East feels just right. While the Axiom Condos is rather new (the building was completed in 2017), the name is testament to the developers’ sense of optimism: this is a building that will stand the test of time.

    Created by Greenpark Homes and Fieldgate Homes, and designed by Kirkor Architect + Planners, the 20-storey edifice at 424 and 460 Adelaide East is home to 525 units. Although Toronto boasts many buildings that surpass the height of the Axiom Condos, the building still manages to stands out (at least for now) because the immediate area isn’t filled with soaring skyscrapers just yet.

    The building is made up of two stately towers that rise side-by-side from a single, 7-storey podium. This division means elevators will be less busy for residents, and ensures the structure doesn’t overpower neighbouring buildings that have been around much longer.

    The façade is simple, elegant, and modern, and made (unsurprisingly) of glass and steel. What is unpredicted, however, is the long list of amenities offered to residents living in the building. 460 Adelaide East is outfitted with fitness facilities, a yoga studio, a rooftop terrace, a party room, visitor parking, guest suites, and a meeting room. On top of all that, a spa with a sauna and a separate spa for pets are both located onsite.

    424 Adelaide East is also perfect for prospective buyers who are passionate about the environment. Half of the building is covered with a green roof, lighting in communal spaces are controlled by motion detectors, and a three-part sorting system ensures waste is separated into recycling, organic trash, and non-organic garbage.

    The Suites

    The homes within 424 Adelaide East and 460 Adelaide East range considerably in size, resulting in all sorts of buyers making bids when these Toronto condos for sale appear on the market. Studio suites start at around 400 square feet, while two bedroom plus den homes that span up to approximately 1,100 square feet are as large as they come.

    No matter their size, all units feel spacious thanks to 9- or 10-foot ceilings. Contemporary finishes include stainless steel appliances, ceramic glass cooktops, mirrored sliding doors on closets, and porcelain throughout the bathrooms. The homes even boast efficient features, such as windows that are double paned and thermal glazed, low flow toilets and low flow, high pressure shower faucets, and a monitoring system that allows residents to be aware of their water and hydro usage.

    The Neighbourhood

    The St. Lawrence neighbourhood may be tried and true, but Moss Park is still up-and-coming. Thankfully, residents of the Axiom Condos can explore both: a walk up to Queen East and down to the Esplanade will take about the same amount of time.

    Groceries are a no-brainer for any foodie living in the building. St. Lawrence Market is a 10-minute walk away, where residents will find everything from fresh produce, meat, and fish, to imported cheeses, spices, and of course Instagram-worthy prepared foods. Some residents might simply pop in for a quick meal — and the infamous peameal bacon sandwich from Carousel Bakery is always a good choice.

    Adventurous residents can also explore many outdoor attractions close to 424 Adelaide East. Tommy Thompson Park, which juts into Lake Ontario, is a great place for cycling or taking a long walk. It’s also a protected area, making it the perfect spot for bird watchers and animal lovers alike.

    Transportation

    Moving around the immediate area is simple when living at the Axiom Condos. Drivers are well situated, as Adelaide’s one-way traffic tends to move fairly quickly — for a street in the heart of downtown Toronto, that is. Those in a rush to traverse the city can also hop onto the Gardiner Expressway to drive east or west, or the Don Valley Parkway for north-south access.

    Residents without a car, on the other hand, will come to know King and Queen Streets intimately, as streetcars running along these roads offer access to the subway. King and Queen Stations, on the Yonge line, both take around 10 minutes to reach via streetcar, or just a few minutes longer on foot.

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    6

    Listings For Sale

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    14

    Listings For Rent

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    Explore St. Lawrence

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

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

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Axiom Condos vs The St. Lawrence Area

    Days on Strata

    Units at Axiom Condos spend an average of
    21
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    35th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    84
    Units were Rented over the past twelve months

    Best Value Rank

    Axiom Condos offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Axiom Condos has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Axiom Condos yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Axiom Condos is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 460 Adelaide Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$485,000$486,000 - $610,000$550,000 - $1,033,000$650,000 - $710,000No Data
    Avg. Cost Per Sqft$1,149$1,000$994$951No Data
    Avg. Wait for Unit Availability100 Days46 Days46 Days66 Days543 Days
    Ratio of Units in Building14%39%33%16%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence