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    400 Adelaide Street E

    Ivory on Adelaide
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    7for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    357
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    500 - 1,138 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Ivory on Adelaide

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    Amenities

    Guest Suites
    Concierge
    Indoor Parking
    Rooftop Deck
    Gym Room
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 400 Adelaide Street EIvory on Adelaide

    Ivory on Adelaide is located at 400 Adelaide Street East in one of the most treasured neighbourhoods in the city: the St. Lawrence Market area is widely regarded as the best preserved region in the GTA because the area is full of red brick Victorian factories and warehouses that have been revitalized into trendy Toronto lofts.

    Ivory condos beautifully contrast with these industrial buildings by offering a modern mid-rise in the region. It stands at 22 storeys, and it has 357 units that range from one-bedroom to three-bedroom units — plenty of options for those seeking Toronto condos for sale in this building.

    This building was designed by internationally renowned architects Hariri Pontarini, and it was built by Plaza — one of the most well respected developers in the Toronto real estate industry. This respect culminated in being named the 2018 High-Rise Builder of the Year by Tarion.

    The Suites

    This building is all about design, which is immediately apparent from its modern facade that seamlessly blends together concrete, steel and glass. This trend continues with the interior of the units, as these condos sport open concept floor plans, as well as world class fixtures and finishes.

    Every unit in this development has been equipped with a balcony or terrace, so you can rest easy knowing you have your own outdoor space. The floors are all engineered, and the kitchens are outfitted with granite countertops, undermount sinks and Whirlpool appliances. The spa inspired bathrooms have deep soaker tubs and marble vanity countertops.

    This building also has amazing amenities that are available to all residents. There is a comprehensive exercise room, as well as a swimming pool. There’s also concierge service, so you’ll always have that extra help when you need it.

    The Neighbourhood

    400 Adelaide East is located in the St. Lawrence neighbourhood, which is renowned for successfully holding onto the charm of Old Toronto. It’s also managed to add contemporary touches that provide the modern day conveniences on which we’ve come to rely.

    The neighbourhood is named after the St. Lawrence Market. This market is the go-to destination for foodies from all over the GTA. Its vendors have a seemingly endless supply of artisan preserves, cheeses, and cured meats. It’s also the home of Toronto’s famous Bacon Sandwiches. Make sure you visit on the weekend, because that’s when farmers from all over Southern Ontario come to sell their freshly picked produce.

    The prevalence of lofts in the area has given the neighbourhood the reputation for being a major arts centre in the city. This is further bolstered by the George Brown campus, making Ivory on Adelaide a great option for students, faculty, or art professionals. The newly established Studio District just east of here could also make it a tremendous home for one of the many film professionals in the city.

    The Distillery District is another nearby neighbourhood that adds more appeal to the Ivory condos. The Distillery District was once the old Gooderham and Worts whiskey distillery, but today it has been refurbished into an arts and entertainment district complete with a variety of restaurants and boutique shops. It has successfully kept its Victorian facades, however, complete with the cobblestone streets.

    Transportation

    400 Adelaide East is an incredibly central address because it’s in between Queen and King Streets. In addition to these being integral commercial thoroughfares, they are both equipped with streetcar lines that make travelling from east to west in downtown much easier.

    If you’re looking to use public transit for longer trips, King Station is only a short walk away. This is part of Line 1 Yonge-University, so thanks to the recent extension, riders can make it up to North York or even Vaughan. They can also transfer at Bloor-Yonge Station to easily travel to Etobicoke or Scarborough.

    Drivers will also find that this is a great starting point in the city, because it's incredibly close to both the Gardiner Expressway and the Don Valley Parkway. These arterial highways put all of Southern Ontario within reach, so everything is at your fingertips.

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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

    Ivory on Adelaide vs The St. Lawrence Area

    Days on Strata

    Units at Ivory on Adelaide spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    6.3
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

    Ivory on Adelaide offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Ivory on Adelaide has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Ivory on Adelaide yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Ivory on Adelaide is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 400 Adelaide Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$583,000 - $610,000$700,000$655,000 - $940,000No DataNo Data
    Avg. Cost Per Sqft$961$1,145$881No DataNo Data
    Avg. Wait for Unit Availability76 Days38 Days64 DaysNo Data26 Days
    Ratio of Units in Building32%47%21%1%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence