$855,000
Toronto
#706 400 Adelaide Street East, Toronto (Moss Park), Ontario, M5A4S3
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 44 days, fresher than the Toronto average of 61 days.
Welcome to Unit 706 at the iconic Ivory on Adelaide condo, a rare 983 sqft. corner suite offering exceptional space, natural light, and an outstanding downtown location. This bright and spacious 2-bedroom corner unit sits at the heart of Old Toronto. With desirable south and west exposures, the suite is filled with sunlight throughout the day. The thoughtfully designed layout features two spacious bedrooms and two full bathrooms. The primary bedroom offers a generous walk-in closet and private ensuite bathroom with bathtub, while the second bedroom currently configured as a home office comfortably accommodates a queen-sized bed. The open-concept living and dining areas offer generous proportions for both everyday living and entertaining. The kitchen features a large center island and newer appliances, while a private balcony provides additional outdoor space. In-suite laundry and a dedicated storage room add further convenience. Residents enjoy a comprehensive range of building amenities including a large outdoor terrace with BBQ and lounge areas, fitness facility, 24-hour concierge, party room, executive lounge, and guest suite. The unit also includes parking with an upgraded dedicated bike rack and a separate locker. Ideally situated in Old Toronto, the property is within a 10-minute walk of both St. Lawrence Market and the Distillery District, with restaurants, cafés, shops, and historic landmarks throughout the surrounding neighborhood. TTC access is just steps away, with convenient connections to the Financial District and easy DVP access, making it an ideal choice for professionals and families alike. With its rare 983 sqft. space, corner positioning, exceptional natural light, and unbeatable location, Unit 706 offers a distinctive opportunity to enjoy spacious downtown living in one of Toronto's most established neighborhoods. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 44 days on market, against an average age of 61 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Moss Park) has been listed for 44 days, which is 17 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $855,000, about 12.0× the local median household income of $71,000.
Carrying it typically needs a household income of about $167,011 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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