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    1523 - 48 Power Street

    For SaleHome Power + Adelaide Condos
    $798,000
    2 Beds
    2 Bath
    0 Parking
    839 SQFT
    12 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $951/sqft
    Maintenance Fees:
    $554/mth
    Taxes:
    $2,998 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    June 5, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Unit Details

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

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    22.47 x 14.08ft
    Dining
    Laminate, Combined with Living, Window Flr To Ceil
    22.47 x 14.08ft
    Kitchen
    Laminate, Stone Counter, Stainless Steel Appliances
    13.94 x 16.41ft

    About this Listing

    Beautiful Corner Unit With Floor To Ceiling Windows Facing South-West Giving Views Of Lake Ontario, The Cn Tower And Stunning Sunsets Over The Downtown Toronto Skyline. Spacious, Functional Toronto Condo With Approximately 839 Square Feet (77.94 Square Meters) Of Interior Living Space Plus A 116 Square Foot (10.77 Square Meters) Balcony On The Southern Side. 11Ft+ High Ceilings. The 15th Floor Position Places You Above Most Of The Surrounding Buildings Which Opens Up The Views And Allows For Plenty Of Natural Daylight To Flow In, Creating An Open And Airy Atmosphere While Still Retaining A Warm Feeling. Unit 1523 At 50 Power St, Toronto Includes 2 Bedrooms, 2 Full Washrooms, In-Suite Laundry.

    rare real estateMLS® #C8315064


    Amenities

    Gym Room
    Indoor Parking
    Media Room
    Rec Room
    Outdoor Pool
    Bike Storage

    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    9%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Home Power + Adelaide Condos spend an average of
    29
    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

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 14 condos in the Corktown area

    Sold Units

    29
    Units were Sold over the past twelve months

    Rented Units

    111
    Units were Rented over the past twelve months

    Best Value Rank

    Home Power + Adelaide Condos offers the
    ?
    best value out of 14 condos in the Corktown neighbourhood

    Appreciation Rank

    Home Power + Adelaide Condos has the
    ?
    highest ROI out of 14 condos in the Corktown neighbourhood

    Rental Yield

    Home Power + Adelaide Condos yields the
    ?
    highest rent prices out of 14 condos in the Corktown neighbourhood

    High Demand

    Home Power + Adelaide Condos is the
    ?
    most popular building out of 14 condos in the Corktown neighbourhood

    Transaction Insights at 48 Power Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$505,000 - $610,000$565,000 - $610,000$620,000 - $870,000$810,000 - $958,880$978,000 - $1,050,000No Data
    Avg. Cost Per SqftNo Data$1,128$1,009$1,004$993$901No Data
    Avg. Wait for Unit AvailabilityNo Data62 Days120 Days41 Days108 Days99 DaysNo Data
    Ratio of Units in Building1%16%23%40%13%8%3%

    Maintenance Fees

    Home Power + Adelaide Condos vs The Corktown Area

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