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    Toronto / Downtown / Corktown - Toronto

    616 - 50 Power St

    For SaleHome Power + Adelaide Condos
    $749,000
    2 Beds
    2 Bath
    0 Parking
    798 SQFT
    15 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $555/mth
    Taxes:
    $2,761 (2024)
    Cost Per Sqft:
    $939/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Windows Floor to Ceiling, Open Concept, Combined with Dining
    22.41 x 10.34ft
    Dining
    Windows Floor to Ceiling, Open Concept, Combined with Living
    22.41 x 10.34ft
    Kitchen
    Windows Floor to Ceiling, Open Concept, Stainless Steel Appliances
    22.41 x 10.34ft

    About this Listing

    Experience luxury living in downtown Toronto at 'Home on Power' by Great Gulf. This condominium offers a 2-bedroom, 2-bathroom unit spanning 798 sq. ft. With 9-foot ceilings and floor-to-ceiling windows, the space is bright and spacious, featuring an open-concept layout. The contemporary kitchen is equipped with stainless steel appliances, quartz countertops, and a stylish backsplash. Conveniently located near the downtown core, residents have easy access to the Don Valley Parkway and are just steps away from public transit, shops, restaurants, and the Distillery District. The building offers exceptional amenities, including a gym/fitness/yoga studio, party room, meeting room/lounge, games room, outdoor pool, community garden, and BBQ area. Enjoy the ultimate blend of comfort and convenience in a vibrant setting.

    ExtrasS/S Samsung Appliances: Fridge, Range, Hood. B/I Dishwasher. Samsung Front Load Washer & Dryer. All Existing Electrical Light Fixtures And Window Coverings.

    re/max condos plus corporationMLS® #C11887618

    Amenities

    Rec Room
    Concierge
    Games Room
    Media Room
    Gym Room
    Bike Storage

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    Similar Listings

    Demographics

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

    Population
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    18%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    9%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Home Power + Adelaide Condos vs The Corktown - Toronto Area

    Building Trends At Home Power + Adelaide Condos

    Days on Strata

    Units at Home Power + Adelaide Condos spend an average of
    43
    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 Corktown - Toronto

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 18 condos in the Corktown - Toronto area

    Sold Units

    26
    Units were Sold over the past twelve months

    Rented Units

    111
    Units were Rented over the past twelve months

    Best Value Rank

    Home Power + Adelaide Condos offers the
    ?
    best value out of 18 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    Home Power + Adelaide Condos has the
    ?
    highest ROI out of 18 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    Home Power + Adelaide Condos yields the
    ?
    highest rent prices out of 18 condos in the Corktown - Toronto neighbourhood

    High Demand

    Home Power + Adelaide Condos is the
    ?
    most popular building out of 18 condos in the Corktown - Toronto neighbourhood

    Transaction Insights at 48 Power Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$455,000 - $540,000$540,000 - $565,000$590,000 - $860,000$830,000$878,000 - $1,100,000No Data
    Avg. Cost Per SqftNo Data$969$918$1,008$1,007$902No Data
    Avg. Wait for Unit AvailabilityNo Data61 Days92 Days42 Days108 Days105 DaysNo Data
    Ratio of Units in Building1%16%23%39%14%8%3%

    Transactions vs Inventory

    Total number of units listed and sold in Corktown - Toronto