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    Lph3 - 400 Adelaide Street E

    For SaleIvory on Adelaide
    $1,999,900
    Price Increase: $1,899,900
    3 Beds + 1
    2 Bath
    1 Parking
    2,000 - 2,249 SQFT
    21 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $889 - $1,000/sqft
    Maintenance Fees:
    $979/mth
    Taxes:
    $5,403 (2023)
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South East
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    20.08 x 13.32ft
    Dining
    9.91 x 9.15ft
    Kitchen
    14.01 x 7.51ft

    About this Listing

    Introducing a truly exceptional penthouse condo that offers the comfort and space of a house, with the convenience of a condo lifestyle. Ivory on Adelaide, designed by award winning Hariri Pontarini Architects, is Old Town Toronto's best kept secret. This gorgeous penthouse has over 2100 square feet of interior & exclusive exterior space, a massive south facing terrace & two additional deep balconies surround the space, providing a serene oasis for relaxing. Step inside and experience the perfect blend of elegance and functionality. Sunlight streams into your lovely eat in kitchen with quartz countertops, ample storage, & stainless steel appliances. The kitchen overlooks the large living room and dining room with views of the lake. The extraordinary primary bedroom has a walk in closet, access to a private balcony & a gorgeous ensuite with double vanity sinks, heated floors, separate jacuzzi tub and shower! The second and third bedrooms can be easily transformed to suit your needs - whether it be a guest room that can accommodate queen beds, a home office, nursery/ child's room, all bedrooms feature floor to ceiling windows, separate walk-outs to balcony & double closets. The second bathroom 3 piece is located off the hallway along with ensuite laundry and front hall double closet. The property includes 1 Prime Parking Spot, 1 Oversized Locker, 2 Bike Storage. Low maintenance fees include water. Building features a large party room, media room, guest suites, gym and ample visitor parking. Enjoy easy access to top-notch amenities, trendy restaurants, shopping destinations, and transportation options. Located in a coveted neighbourhood, this lower penthouse condo offers the best of both worlds - a peaceful and private setting, while being just moments away from the vibrant city life.

    ExtrasWalking Distance To Restaurants, TTC, Scotiabank Arena, Union Station, Financial District, Distillery District, St. Lawrence Market, George Brown College. Prime location to access major highways DVP & Gardiner. Soon to be new Ontario Line.

    sutton group quantum realty inc.MLS® #C8239202


    Amenities

    Indoor Parking
    Rooftop Deck
    Gym Room
    Party Room
    Sauna
    Guest Suites

    Nearby Amenities

    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.

    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
    Household Income
    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%

    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
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    18th
    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

    23
    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$610,000$660,000 - $715,000$769,000 - $940,000No DataNo Data
    Avg. Cost Per Sqft$1,016$1,068$919No DataNo Data
    Avg. Wait for Unit Availability75 Days38 Days64 DaysNo Data26 Days
    Ratio of Units in Building32%47%22%1%1%

    Maintenance Fees

    Ivory on Adelaide vs The St. Lawrence Area

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