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    1505 - 295 Adelaide St W

    For SaleThe Pinnacle on Adelaide
    4.0
    $599,000
    1 Bed
    1 Bath
    1 Parking
    560 SQFT
    6 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $510/mth
    Taxes:
    $2,718 (2023)
    Cost Per Sqft:
    $1,070/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    January 16, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Wood Floor, Walkout To Balcony, East View
    12.47 x 10.01ft
    Dining
    Combined with Dining, Wood Floor
    12.47 x 10.01ft
    Kitchen
    Open Concept, Stainless Steel Appliances
    10.99 x 10.01ft

    About this Listing

    Welcome to Pinnacle on Adelaide Condos, located in the heart of Torontos Entertainment District. This stunning EAST-facing 1-bedroom, 1-bathroom unit boasts an open balcony with unobstructed city views and CN Tower View! With 560 sq ft of space, it features a bright, functional open-concept layout, floor-to-ceiling windows, and a spacious laundry room. Its one of the largest 1-bedroom units in the building, it includes 1 parking space and 2 lockers!! The building offers top-notch amenities, including a 24-hour concierge, visitor parking, an indoor swimming pool, hot tub, sauna, gym, lounge, and party room. Steps from the PATH, Financial District, U of T, Ryerson, OCAD, TTC, TIFF and more. Perfect for both end users and investors!

    ExtrasS/S Fridge, Stove, B/I Microwave W/ Range Hood, B/I Dishwasher. Washer & Dryer. All Electrical Lighting Fixtures. All Window Coverings. Included One Parking, One Locker & One Bicycle Locker.

    dream home realty inc.MLS® #C10427571


    Amenities

    Indoor Pool
    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Media Room

    Explore Neighbourhood

    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
    Your bike's the trusty steed in this urban jungle — giddy up!

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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.

    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%

    Maintenance Fees

    The Pinnacle on Adelaide vs The King West Area

    Days on Strata

    Units at The Pinnacle on Adelaide spend an average of
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    16%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    87
    Units were Rented over the past twelve months

    Best Value Rank

    The Pinnacle on Adelaide offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    The Pinnacle on Adelaide has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    The Pinnacle on Adelaide yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    The Pinnacle on Adelaide is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 295 Adelaide Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$644,000 - $691,000$691,786$668,500 - $1,065,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,076$1,047$972No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data31 Days35 Days29 Days387 DaysNo Data20 Days
    Ratio of Units in Building1%40%28%32%2%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West