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    703 - 5 Soudan Ave

    For SaleArt Shoppe Lofts + Condos
    $639,000
    1 Bed + 1
    2 Bath
    0 Parking
    566 SQFT
    11 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $499/mth
    Taxes:
    $2,618 (2024)
    Cost Per Sqft:
    $1,129/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    TBD/60-90 days
    Laundry:
    Main
    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
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Open Concept
    10.07 x 6.99ft
    Dining
    Laminate, Combined with Living, Open Concept
    10.07 x 6.99ft
    Kitchen
    Laminate, Eat-In Kitchen, Modern Kitchen
    10.66 x 9.94ft

    About this Listing

    Welcome to the newest and most connected, Art Shoppe Condos; grand lobby, functional great layouts, and fantastic location! You are literally steps to midtown's finest, State of the Art lifestyle, and quietest part of Yonge and Eglinton. No need for a car, as you can walk to transit, subway, shops, restaurants, and work. With a 24 hour first class concierge and security, enjoy the 5-star amenities. This building hosts not only Toronto's largest infinity pool but also 3 outdoor pools with cabanas. Relax and cook in the BBQ area while soaking up the stunning views of our city from the tailored rooftop gardens. Visit the A+ fitness center, yoga studio, kids club, theatre, games room, media, and social spaces, plus more. Added benefit, Entertain with private dining, savoring your drinks in the wine-tasting rooms. This unit overlooks a green courtyard, so you can enjoy your peaceful oasis amidst the chic life on the streets just below. This unit boasts high-end finishes, a custom kitchen, and appliances, with in-suite laundry: its own space and door, custom shelving in cabinets and built-in closets, custom window coverings, engineered floors, and sleek modern luxurious designs throughout. This open concept sun filled unit has high ceilings too. Our spacious den can be used as a second bedroom or guest room. With 2 full washrooms, you feel like you are in a 2 bedroom unit. Welcome home to your sanctuary, where you can personally enjoy, work or relax, or, use it as an investment, with your tenant enjoying all the spoils. A must see!

    royal lepage terrequity realtyMLS® #C11892226


    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%

    Maintenance Fees

    Art Shoppe Lofts + Condos vs The Mount Pleasant West Area

    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