1015 - 400 Adelaide Street E

Nestled in the vibrant community of Moss Park, this luxury condo for sale in Toronto at 400 Adelaide Street E, Toronto, presents an exceptional opportunity for both self-use and investment. This well-appointed one-bedroom plus den unit, located within the prestigious "Ivory Condo" development by Plaza Corp, offers a spacious 673 square feet of living space, complete with two full bathrooms and a generous balcony that boasts an unobstructed northern view.

Upon entering the condo, one is immediately struck by the thoughtful layout and modern finishes. The living area features all laminate flooring, which not only adds to the aesthetic appeal but also ensures easy maintenance. The den, separated by elegant French doors, serves as an ideal second bedroom or a home office, catering to a variety of lifestyle needs. This flexibility is a significant advantage for those seeking a condo for sale in Toronto, particularly in a bustling area like Moss Park.

The kitchen is a highlight of this property, designed with modern living in mind. It is equipped with stainless steel appliances, complemented by granite countertops and a stylish backsplash, creating a sophisticated culinary space. The convenience of an ensuite washer and dryer further enhances the functionality of this condo, making daily living a breeze. With a total of five rooms, including the den, this unit is designed to accommodate both comfort and practicality.

The master bedroom is a true retreat, featuring a large walk-in closet and an ensuite bathroom, providing a private sanctuary for relaxation. The additional bathroom ensures that guests or family members have their own space, a valuable feature in a one-bedroom condo. For those considering a condo for sale in Toronto, this unit stands out with its thoughtful design and ample amenities.

The property includes one underground parking space, a highly sought-after feature in urban living, especially in a city as dynamic as Toronto. However, it is important to note that there is no additional land associated with the property, and the unit is unfurnished, allowing new owners to personalise the space to their taste. The absence of a pool and fireplace may be a consideration for some, but the benefits of living in such a prime location far outweigh these factors.

Residents of 400 Adelaide Street E, Toronto, will appreciate the proximity to public transport, with the TTC just steps away, making commuting throughout the city convenient. Additionally, the nearby George Brown College adds to the appeal for those involved in academia or looking for rental opportunities. The current tenant, who is of AAA quality, is open to either remaining in the unit or vacating, providing potential buyers with flexibility depending on their needs.

In summary, this luxury 1+den condo for sale in Toronto at 400 Adelaide Street E, Toronto, offers a unique blend of modern living, strategic location, and investment potential. With its spacious layout, contemporary kitchen, and desirable amenities, it is an excellent choice for anyone looking to enter the Toronto real estate market. Whether you are seeking a comfortable home or a profitable investment, this condo is sure to meet your expectations. Don’t miss the chance to explore this exceptional property, a true gem in the heart of Moss Park.

Moss Park is a vibrant and historically rich neighbourhood located in the heart of Toronto, known for its diverse mix of residential and commercial spaces. The area is characterised by its charming tree-lined streets, and the prominent Moss Park itself, which offers green space for recreation and community events. With a blend of heritage buildings and modern developments, Moss Park provides a unique urban living experience, while being conveniently situated near public transport, shopping, and dining options. The community's proximity to the downtown core ensures that residents enjoy easy access to the city's cultural attractions, making it an appealing choice for those seeking a lively yet welcoming environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of grades and preferences. The closest option is Market Lane Junior and Senior Public School, just 0.4 km away, offering grades JK to 8 with a school rating of 3.7. For families seeking a Catholic education, St. Michael Catholic School is only 0.5 km from the property, providing elementary education (JK to 8) and boasting a commendable rating of 7.1. Additionally, St. Joseph's College School, located 2.2 km away, serves grades 9 to 12 with a strong rating of 7.6. For those interested in French language instruction, Ryerson Community School, 2.8 km away, offers grades JK to 8 and has a rating of 3.8. The area also includes Kapapamahchakwew - Wandering Spirit School, which serves grades 9 to 12 but has a lower rating of 0, and St. Mary Catholic School, which is 3.1 km away and offers French instruction for grades JK to 4 with a rating of 5.7. Overall, this neighborhood provides a diverse array of schooling options to meet the educational needs of families.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 2,145 residents, characterized by an average household size of 1.5 individuals. The community has a relatively young average age of 35.6 years and enjoys a robust average household income of $98,400. However, approximately 12.2% of the population falls within the low-income bracket. The housing market is predominantly composed of condominiums, which make up 99.64% of the housing stock, with an average property price of $656,000. The area has a significant percentage of single individuals, accounting for 54.9% of the population, while households with children represent 17.89%. Immigrants constitute a notable 37.82% of the community, reflecting its diversity. Additionally, renters make up 50.36% of the population, indicating a strong rental market. Education levels are high, with 87.27% of residents holding a college or university degree. Finally, 12.2% of the population is not actively participating in the labor force, suggesting potential opportunities for workforce engagement. Overall, this area presents a vibrant and diverse community with a mix of demographics, educational attainment, and housing trends.