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    Toronto / Midtown / Mount Pleasant West

    704 - 5 Soudan Ave

    For SaleArt Shoppe Lofts + Condos
    $598,500
    1 Bed + 1
    1 Bath
    0 Parking
    580 SQFT
    17 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $512/mth
    Taxes:
    $2,625 (2024)
    Cost Per Sqft:
    $1,032/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    30-90/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Built-in Appliances, Track Lights, Open Concept
    19.75 x 11.71ft
    Living
    Walkout To Balcony, South View, Laminate
    19.75 x 11.71ft
    Dining
    Laminate, Combined with Kitchen, Track Lights
    19.75 x 11.71ft

    About this Listing

    With a full 580 sq ft of living space and a serene balcony view over a striking and tranquil courtyard, this fantastic Art Shoppe suite matches elegant living with affordable price in one of Toronto's most vibrant & exciting neighbourhoods. The bright and spacious one plus den, one-washroom condo suite features stone countertops & subway tile backsplash, birch coloured integrated kitchen appliances, soft-close cabinets and drawers, and custom designed shelves with elegant brass toned rails in all the closets. Designer style, tastefully painted concrete ceilings give the suite a much grander feel in height and overall brightness. The Art Shoppe is one of midtown Toronto's most popular and convenient condominium complexes, a pleasant stroll to all kinds of area shops and services, including Farm Boy, West Elm, Staples, Hale Coffee, TTC Eglinton subway & Crosstown LRT, Kay Gardner Beltline Trail, the popular North Toronto Memorial Community Centre, fitness clubs, cinemas, bookstores, Toronto Public Library, major banks, as well as terrific area pubs & restaurants such as Oretta, Stock Bar, Pai, Samba Brazil Eatery, and The Keg, to name but a few. Superb building amenities include: rooftop infinity pools and cabanas with sundeck, BBQ, gym, sauna/spa, party/meeting rooms, kids club, yoga studio, guest suite, games room, and car wash. Welcome home!

    ExtrasExisting integrated fridge & freezer, built-in stainless steel oven, glass cook top, stainless steel range hood, integrated dishwasher, washer & dryer, all existing closet organizers, all electrical light fixtures & roller blinds.

    royal lepage real estate services ltd.MLS® #C11883904

    Amenities

    Concierge
    Outdoor Pool
    Indoor Pool
    Rooftop Deck
    Sauna
    Games Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    11,711
    Average Individual Income
    $59,569
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $98,571
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    28%
    Low Rise Apartment
    12%
    Semi Detached
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Art Shoppe Lofts + Condos vs The Mount Pleasant West Area

    Building Trends At Art Shoppe Lofts + Condos

    Days on Strata

    Units at Art Shoppe Lofts + Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 57 condos in the Mount Pleasant West area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    121
    Units were Rented over the past twelve months

    Best Value Rank

    Art Shoppe Lofts + Condos offers the
    ?
    best value out of 57 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    Art Shoppe Lofts + Condos has the
    ?
    highest ROI out of 57 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    Art Shoppe Lofts + Condos yields the
    ?
    highest rent prices out of 57 condos in the Mount Pleasant West neighbourhood

    High Demand

    Art Shoppe Lofts + Condos is the
    ?
    most popular building out of 57 condos in the Mount Pleasant West neighbourhood

    Transaction Insights at 5 Soudan Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$450,000 - $463,500$474,000$615,000 - $659,600$733,000 - $1,000,000No Data$1,688,000No Data
    Avg. Cost Per Sqft$1,472$1,296$1,060$1,146No Data$1,145No Data
    Avg. Wait for Unit Availability70 Days55 Days33 Days26 Days90 DaysNo DataNo Data
    Ratio of Units in Building11%17%32%35%7%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant West