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    Toronto / Downtown / Corktown - Toronto

    1516 - 50 Power St S

    For RentHome Power + Adelaide Condos
    $3,000/mth
    Price Cut: $3,300
    2 Beds
    2 Bath
    0 Parking
    862 SQFT
    81 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 3, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Best of what community has to offer! Enjoy Luxurious Life Style - Move In Now! Brand New 2 Bed/2 Baths Unit, Bright & Spacious, Open Concept Layout, Quality Features & Finishes Throughout, All Upgrades In, Modern Kitchen W/ Stone Counter & S/S Appliances, Smooth 9 Ft Ceilings, Floor To Ceiling Windows, Downtown Core, Hwy, Step To Ttc, Shops, Restaurants, Distillery District. Walking distance to George Brown College and schools. Great Amenities: Artists Workspace, Gym/Fitness/Yoga Studio, Party Room, Meeting Room/Lounge For You To Enjoy!!S/S Appliances: Fridge, Stove, B/I Microwave/Hood, B/I Dishwasher. Stacked Washer & Dryer. Existing Electrical Light Fixtures And Window Coverings!! the unit is NOT furnished.

    homelife classic realty inc.MLS® #C9381429

    Amenities

    Concierge
    Outdoor Pool
    Bike Storage
    Indoor Parking
    Rooftop Deck
    Party Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

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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
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    18%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    9%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Home Power + Adelaide Condos vs The Corktown - Toronto Area

    Building Trends At Home Power + Adelaide Condos

    Days on Strata

    Units at Home Power + Adelaide Condos spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Corktown - Toronto

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 18 condos in the Corktown - Toronto area

    Sold Units

    26
    Units were Sold over the past twelve months

    Rented Units

    111
    Units were Rented over the past twelve months

    Best Value Rank

    Home Power + Adelaide Condos offers the
    ?
    best value out of 18 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    Home Power + Adelaide Condos has the
    ?
    highest ROI out of 18 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    Home Power + Adelaide Condos yields the
    ?
    highest rent prices out of 18 condos in the Corktown - Toronto neighbourhood

    High Demand

    Home Power + Adelaide Condos is the
    ?
    most popular building out of 18 condos in the Corktown - Toronto neighbourhood

    Transaction Insights at 48 Power Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$455,000 - $540,000$540,000 - $565,000$590,000 - $860,000$830,000$878,000 - $1,100,000No Data
    Avg. Cost Per SqftNo Data$969$918$1,008$1,007$902No Data
    Avg. Wait for Unit AvailabilityNo Data61 Days92 Days42 Days108 Days105 DaysNo Data
    Ratio of Units in Building1%16%23%39%14%8%3%

    Transactions vs Inventory

    Total number of units listed and leased in Corktown - Toronto