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    1403 - 501 Adelaide St W

    $4,3002 bds2 ba1 pk1,000 sqft
    5 Days on Strata
    Est Lease Timeframe:
    16 Days
    $4,300/mth
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Possession Date:

    Immediately

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    Enclosed/Solarium

    Furnished:

    No

    Exposure:

    West

    Locker:

    Owned

    Amenities

    Concierge
    Visitor Parking
    Media Room
    Rooftop Deck
    Gym
    Bike Storage
    BBQs Allowed
    Party Room

    About this Listing

    Stylish 2 Bedroom, 2 Bathroom Condo in the Heat of King West! Welcome to The Kingly, a boutique building that embodies all the excitement and energy of King West. This mid-rise condo, located off Adelaide W between Bathurst and Portland, offers a vibrant lifestyle with numerous restaurants, bars, and cafes at your doorstep. Just a 5-minute walk to the King Streetcar at Bathurst, you'll be conveniently close to both the financial and entertainment districts. Key Features:1. Spacious Layout: This 1000 sqft lower penthouse unit offers a highly functional layout, perfect for those who love to entertain or desire their own personal happy space at home. Laminate flooring throughout and 10 ft ceilings add to the modern appeal. 2. Gorgeous Kitchen: The kitchen features a large island, a gas stove that will inspire your inner chef and a full-size fridge with built-in appliances. Its a focal point of the condo and ideal for both cooking and socializing. 3. Primary Bedroom Retreat: The primary bedroom includes a large wardrobe, a walkout balcony, and a luxurious 3-piece ensuite bathroom, providing the perfect retreat after a long day. 4. Second Bedroom and Bathroom: The second bedroom offers access to the 4-piece bathroom, providing comfort and privacy for your guests. 5. Two Private Balconies: Enjoy the outdoors from two private balconies, offering a peaceful space to unwind and take in the views. Other key info:- 1 garage parking space included.- Ensuite laundry.- Looking for long-term tenants (one year plus lease)- Tenant to pay utilities.If you're considering making King West your home, this is a fantastic opportunity to experience the area.

    our neighbourhood realty inc.MLS® #C12076909

    Fees & Utilities

    Utilities Included

    Rent Includes
    Parking
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Heat Pump

    Room Dimensions

    Bedroom

    15.09 x 8.86ft

    Bedroom

    10.17 x 10.17ft

    Kitchen

    Combined with Dining

    24.94 x 20.01ft

    Living

    12.14 x 20.01ft

    Renter's Market
    Balanced
    Landlord's Market

    Similar Listings

    Explore King West


    Commute Calculator

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    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Mortgage Calculator


    Demographics

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

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Kingly Condos spend an average of
    53
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    38th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    Kingly Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Kingly Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Kingly Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Kingly Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Kingly Condos

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$2,100 - $2,600$2,275 - $2,300$3,350 - $4,500$4,750
    Avg. Wait for Unit Availability17 Days246 Days40 Days180 Days
    Ratio of Units in Building58%4%32%8%

    Market Inventory

    Total number of units listed and leased in King West