400 Adelaide Street E
Building Details
Listing History for Ivory on Adelaide
Amenities
Maintenance Fees
About 400 Adelaide Street E — Ivory 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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Price Increase: $100,000 (Nov 17)
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Price Cut: $300 (Nov 23)
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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.
Price Trends
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Building Trends At Ivory on Adelaide
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Transaction Insights at 400 Adelaide Street E
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $583,000 - $610,000 | $700,000 | $655,000 - $940,000 | No Data | No Data |
Avg. Cost Per Sqft | $961 | $1,145 | $881 | No Data | No Data |
Price Range | $2,250 - $2,400 | $1,700 - $2,800 | $2,900 - $3,325 | No Data | No Data |
Avg. Wait for Unit Availability | 76 Days | 38 Days | 64 Days | No Data | 26 Days |
Avg. Wait for Unit Availability | 20 Days | 13 Days | 41 Days | No Data | No Data |
Ratio of Units in Building | 32% | 47% | 21% | 1% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in St. Lawrence