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    Toronto / Midtown / Mount Pleasant West

    1603 - 5 Soudan Ave

    For SaleArt Shoppe Lofts + Condos
    $1,768,888
    3 Beds
    3 Bath
    1 Parking
    1,544 SQFT
    19 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $1,300/mth
    Taxes:
    $6,390 (2024)
    Cost Per Sqft:
    $1,146/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Se View, Walkout To Balcony, Hardwood Floor
    22.57 x 22.57ft
    Dining
    Se View, Combined with Living, Hardwood Floor
    22.57 x 22.57ft
    Kitchen
    Modern Kitchen, Centre Island, Pantry
    22.57 x 20.51ft

    About this Listing

    Experience high-end living in this upgraded executive suite, featuring a fantastic SE view and 1,544 sqft of luxurious space. This stunning unit boasts 10-foot ceilings and is wrapped in floor-to-ceiling windows & a balcony, providing an abundance of natural light & breathtaking views.The modern kitchen, equipped with high-end upgrades, includes a central marble island that overlooks the open-plan living & dining areas, along with ample pantry space. The suite offers three generous-sized bedrooms, Master Bedroom includes a 5-piece ensuite & a walk-in closet. Second Bedroom features an ensuite & a walk-in closet. Third Bedroom comes with a walk-out balcony. Enjoy world-class amenities and the convenience of being steps away from the subway, shopping, restaurants, coffee shops, and the best that Midtown has to offer, including the top-rated Whitney Junior Public School. This award-winning boutique Art Shoppe epitomizes luxury and elegance, perfect for those seeking an elevated lifestyle.

    ExtrasHigh End Appliance, Custom Made Motorized Blinds, 5 Star World Class Amenities. The unit has been freshly and professionally painted.

    re/max escarpment realty inc.MLS® #C9351697

    Amenities

    Party Room
    Outdoor Pool
    Gym Room
    Rooftop Deck
    Sauna
    BBQ

    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
    30
    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
    4.6
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 57 condos in the Mount Pleasant West area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    113
    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 - $690,000$785,000 - $1,000,000No Data$1,688,000No Data
    Avg. Cost Per Sqft$1,472$1,296$1,046$1,207No Data$1,145No Data
    Avg. Wait for Unit Availability70 Days55 Days33 Days27 Days90 DaysNo DataNo Data
    Ratio of Units in Building11%16%32%35%7%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant West