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    Toronto / Downtown / King West

    1108 - 501 Adelaide St W

    For SaleKingly Condos
    $629,000
    1 Bed
    1 Bath
    0 Parking
    500 - 599 SQFT
    1 Day on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $546/mth
    Taxes:
    $2,833 (2024)
    Cost Per Sqft:
    $1,050 - $1,258/sqft
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    West
    Possession Date:
    60/90 tenant
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to Unit 1108 at 501 Adelaide St West in the desirable Kingly Condominiums! This exquisite 1-bedroom, 1-bath unit offers the perfect blend of luxury and comfort in the heart of Toronto's vibrant entertainment district. The chef's kitchen is a culinary delight, featuring an island and open-concept design that seamlessly flows into the spacious living room, making it ideal for entertaining guests. The bedroom is generously proportioned, complete with floor-to-ceiling windows that flood the space with natural light, creating a warm and inviting atmosphere. Enjoy a moment of tranquility looking out your Juliet balcony, offering a perfect urban escape. This building offers a full suite of luxury amenities, including a 24-hour concierge, fitness centre, business and recreation centres, and more! Located steps from the best of King West restaurants, cafes, shopping, and transit this condo offers a perfect mix of comfort, style, and urban living. Don't miss the opportunity to live in this stunning unit - a chic city oasis!

    ExtrasEnjoy Exclusive Access To The Building's Luxury Amenities Such As A Well-Equipped Gym with Sauna, 24 Hour Concierge, Terrace with BBQs, Business Center, Rooftop Terrace and More!

    psrMLS® #C10408368

    Amenities

    Concierge
    Party Room
    Rooftop Deck
    Media Room
    Bike Storage
    Gym Room

    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.

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    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
    60
    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
    5.5
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    8
    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 101 condos in the King West neighbourhood

    Appreciation Rank

    Kingly Condos has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Kingly Condos yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Kingly Condos is the
    ?
    most popular building out of 101 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 - $1,875,000
    Avg. Cost Per Sqft$1,134No Data$1,160$1,171
    Avg. Wait for Unit Availability92 DaysNo Data172 Days574 Days
    Ratio of Units in Building58%4%32%8%

    Transactions vs Inventory

    Total number of units listed and sold in King West