Axiom Condos
3Listings for Salefor Sale
11Listings for Rentfor Rent
460 Adelaide St E & 424 Adelaide St E
Axiom Condos
3Listings for Salefor Sale
11Listings for Rentfor Rent
Walk Score
99
Transit Score
100
Bike Score
74
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
Above Average
Property Type
Condo
Developer
Greenpark Homes
Condo Completion
2017
Property Management
Crossbridge Condominium Services Ltd.
Unit Size Range
385 - 954 SQFT
Number of Units
525
Number of Storeys
20

460 Adelaide St E, Toronto

About this condo

Condo Overview

Axiom — meaning a self-evident, established, or accepted truth — isn’t a word typically associated with homes. However, the use of the term as the name for the residential building at 424 Adelaide Street East and 460 Adelaide Street East feels just right. While the Axiom Condos is rather new (the building was completed in 2017), the name is testament to the developers’ sense of optimism: this is a building that will stand the test of time.

Created by Greenpark Homes and Fieldgate Homes, and designed by Kirkor Architect + Planners, the 20-storey edifice at 424 and 460 Adelaide East is home to 525 units. Although Toronto boasts many buildings that surpass the height of the Axiom Condos, the building still manages to stands out (at least for now) because the immediate area isn’t filled with soaring skyscrapers just yet.

The building is made up of two stately towers that rise side-by-side from a single, 7-storey podium. This division means elevators will be less busy for residents, and ensures the structure doesn’t overpower neighbouring buildings that have been around much longer.

The façade is simple, elegant, and modern, and made (unsurprisingly) of glass and steel. What is unpredicted, however, is the long list of amenities offered to residents living in the building. 460 Adelaide East is outfitted with fitness facilities, a yoga studio, a rooftop terrace, a party room, visitor parking, guest suites, and a meeting room. On top of all that, a spa with a sauna and a separate spa for pets are both located onsite.

424 Adelaide East is also perfect for prospective buyers who are passionate about the environment. Half of the building is covered with a green roof, lighting in communal spaces are controlled by motion detectors, and a three-part sorting system ensures waste is separated into recycling, organic trash, and non-organic garbage.

The Suites

The homes within 424 Adelaide East and 460 Adelaide East range considerably in size, resulting in all sorts of buyers making bids when these Toronto condos for sale appear on the market. Studio suites start at around 400 square feet, while two bedroom plus den homes that span up to approximately 1,100 square feet are as large as they come.

No matter their size, all units feel spacious thanks to 9- or 10-foot ceilings. Contemporary finishes include stainless steel appliances, ceramic glass cooktops, mirrored sliding doors on closets, and porcelain throughout the bathrooms. The homes even boast efficient features, such as windows that are double paned and thermal glazed, low flow toilets and low flow, high pressure shower faucets, and a monitoring system that allows residents to be aware of their water and hydro usage.

The Neighbourhood

The St. Lawrence neighbourhood may be tried and true, but Moss Park is still up-and-coming. Thankfully, residents of the Axiom Condos can explore both: a walk up to Queen East and down to the Esplanade will take about the same amount of time.

Groceries are a no-brainer for any foodie living in the building. St. Lawrence Market is a 10-minute walk away, where residents will find everything from fresh produce, meat, and fish, to imported cheeses, spices, and of course Instagram-worthy prepared foods. Some residents might simply pop in for a quick meal — and the infamous peameal bacon sandwich from Carousel Bakery is always a good choice.

Adventurous residents can also explore many outdoor attractions close to 424 Adelaide East. Tommy Thompson Park, which juts into Lake Ontario, is a great place for cycling or taking a long walk. It’s also a protected area, making it the perfect spot for bird watchers and animal lovers alike.

Transportation

Moving around the immediate area is simple when living at the Axiom Condos. Drivers are well situated, as Adelaide’s one-way traffic tends to move fairly quickly — for a street in the heart of downtown Toronto, that is. Those in a rush to traverse the city can also hop onto the Gardiner Expressway to drive east or west, or the Don Valley Parkway for north-south access.

Residents without a car, on the other hand, will come to know King and Queen Streets intimately, as streetcars running along these roads offer access to the subway. King and Queen Stations, on the Yonge line, both take around 10 minutes to reach via streetcar, or just a few minutes longer on foot.

3

Listings For Sale

11

Listings For Rent

Interested in receiving new listings for rent?

Amenities

Rooftop Deck/Garden
Security System
Party/Meeting Room
BBQ
Recreation Room
Guest Suites
Sauna
Gym
Games Room
Visitor Parking
Concierge

Maintenance Fees Cover

Maintenance fees include

Water

Owner / renter pays separately

Hydro
Heat
Air Conditioning

Past Sold & Rented Listings

Stats, Trends & Rankings

Price Per Square Foot
Axiom Condos vs The St. Lawrence Area

$109.00
More Expensive
per SQFT compared to the neighbourhood average
Axiom Condos's Avg
price per SQFT
$1,075
/ SQFT
Neighbourhood Avg
price per SQFT
$966
/ SQFT

Building Trends At Axiom Condos

Days on Market

Units at Axiom Condos spend an average of
30
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
3%
above
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
4.7
YEARS before being sold again

Property Value

4%
Increase in property value within the past twelve months

Price Ranking

12th
Highest price per SQFT out of 63 condos in the St. Lawrence area

Sold Units

45
Units were Sold over the past twelve months

Rented Units

131
Units were Rented over the past twelve months

Best Value

Axiom Condos offers the
?
best value out of 63 condos in the St. Lawrence neighbourhood

Return on Investment

Axiom Condos has the
?
highest ROI out of 63 condos in the St. Lawrence neighbourhood

Rental Yield

Axiom Condos yields the
?
highest rent prices out of 63 condos in the St. Lawrence neighbourhood

High Demand

Axiom Condos is the
?
most popular building out of 63 condos in the St. Lawrence neighbourhood

Sales vs Rental Values For This Condo

Studio387 - 561 SQFT
Average Cost Per Sqft$1,054
Sales Price Range$460,000 - $468,000
Rental Price Range$1,300 - $2,100
1 Bed499 - 648 SQFT
Average Cost Per Sqft$1,036
Sales Price Range$539,000 - $650,000
Rental Price Range$1,600 - $3,500
1 Bed + Den526 - 762 SQFT
Average Cost Per Sqft$1,016
Sales Price Range$570,000 - $740,000
Rental Price Range$1,600 - $2,380
2 Bed600 - 933 SQFT
Average Cost Per Sqft$1,039
Sales Price Range$645,000 - $880,000
Rental Price Range$2,000 - $3,400
2 Bed + Den949 - 949 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$3,250 - $3,250

How Often Are Units Listed?

Studio385 - 672 SQFT
Average Sales Availability
Every90Days
Average Rental Availability
Every13Days
Ratio of Unit Type in Building15%
1 Bed493 - 674 SQFT
Average Sales Availability
Every44Days
Average Rental Availability
Every6Days
Ratio of Unit Type in Building39%
1 Bed + Den526 - 762 SQFT
Average Sales Availability
Every47Days
Average Rental Availability
Every8Days
Ratio of Unit Type in Building31%
2 Bed600 - 954 SQFT
Average Sales Availability
Every47Days
Average Rental Availability
Every13Days
Ratio of Unit Type in Building17%
2 Bed + Den944 - 949 SQFT
Average Sales Availability
N/A
Average Rental Availability
Every932Days
Ratio of Unit Type in Building1%

Maintenance Fees
Axiom Condos vs The St. Lawrence Area

$0.11
Less Expensive
per SQFT compared to the neighbourhood average
Axiom Condos's Avg
monthly maintenance
fee per SQFT
$0.68
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.79
/ SQFT

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