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    Toronto / Midtown / Casa Loma

    1608 - 501 St Clair Ave W

    For SaleRise Condos
    $675,000
    1 Bed + 1
    1 Bath
    1 Parking
    567 SQFT
    22 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $668/mth
    Taxes:
    $2,990 (2024)
    Cost Per Sqft:
    $1,190/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    October 15, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Foyer
    Mirrored Closet, Hardwood Floor
    5.41 x 4.17ft
    Kitchen
    Modern Kitchen, Centre Island
    10.99 x 7.15ft
    Living
    Windows Floor to Ceiling, Walkout To Balcony, Open Concept
    11.42 x 10.99ft

    About this Listing

    Welcome to The Rise! This bright and spacious 1-bedroom plus den suite offers 567 sq. ft. of stylish living space, perfect for professionals or first-time buyers. Featuring an open-concept design, this unit is flooded with natural light and boasts stunning west-facing views. The den provides an ideal work-from-home setup or extra storage space. Located at Bathurst & St. Clair, you're just steps from Loblaws, St. Clair West subway, parks, and a variety of trendy restaurants and cafes. The Rise also offers exceptional amenities, including a rooftop terrace with an infinity pool, outdoor cabanas, BBQ area, gym, party room, 24-hour concierge, and more. Don't miss the chance to enjoy modern living in one of Toronto's most vibrant neighborhoods!

    cityscape real estate ltd.MLS® #C9397053

    Amenities

    Concierge
    Visitor Parking
    Party Room
    Rooftop Deck
    Security System
    Indoor Parking

    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
    27
    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 Casa Loma

    Turnover of Units

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

    Property Value

    4%
    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

    6
    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$610,000 - $770,000$670,000 - $785,000No Data$1,073,000 - $1,125,000
    Avg. Cost Per SqftNo Data$1,147$1,039No Data$1,255
    Avg. Wait for Unit Availability208 Days80 Days62 Days125 Days188 Days
    Ratio of Units in Building10%36%32%19%6%

    Transactions vs Inventory

    Total number of units listed and sold in Casa Loma