Maintenance Fees
Home Power + Adelaide Condos vs The Corktown - Toronto Area
1510 - 50 Power St
For SaleHome Power + Adelaide Condos
4.7
46 Days on Strata
$599,000
Price Cut: $629,000
Price Cut: $629,000
2 Beds
2 Bath
0 Parking
638 SQFT
Listing History
2025 - Feb 20
for sale$599,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$449/mth
Taxes:
$2,682 (2024)
Cost Per Sqft:
$939/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
East
Possession Date:
February 28, 2025
Laundry:
Main
Amenities
Rec Room
Indoor Parking
Concierge
Games Room
Party Room
Media Room
Outdoor Pool
Rooftop Deck
Bike Storage
Gym Room
About this Listing
ATTENTION INVESTORS & FIRST-TIME BUYERS! This modern 1+Den at 50 Power St is a cash flow machine , leased for $3,000/month! Priced aggressively at $599,000 to generate interest. Schedule your showing today before it's gone! Currently tenanted at $3,000/month until October 1st, this is a fantastic investment opportunity with immediate rental income. Whether you're an investor looking for steady cash flow or a future end-user, this unit offers incredible value. Enjoy access to premium amenities, including an artists workspace, fitness and yoga studio, event room with a caterers kitchen, meeting room and lounge, games room, outdoor pool, steam rooms, community garden, outdoor grills, and a cozy fireplace. Located in one of Torontos most vibrant neighbourhoods, with TTC at your doorstep. Buyer must assume the existing tenancy until completion on October 1st, 2025.
ExtrasIncludes all Chattels and Fixtures, Including Stove, Dishwasher, Microwave, Oven, Fridge and all Lighting.
strata real estateMLS® #C11985966
Fees & Utilities
Maintenance Fees
Included in Fees
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Living, Open Concept
20.08 x 10.5ft
Kitchen
Built-in Appliances, Quartz Counter, Backsplash
20.08 x 10.5ft
Primary
Laminate, 3 Piece Ensuite, Double Closet
10.6 x 8.27ft
2nd Bedroom
Laminate, Sliding Doors, Double Closet
8.5 x 8.5ft
Buyer's Market
Balanced
Seller's Market
4.7
Building Spotlight
Similar Listings
Explore Corktown - Toronto
Commute Calculator
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.
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
Household Income
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%
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Corktown - Toronto
Turnover of Units
On average, each unit is owned for
4.8
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 19 condos in the Corktown - Toronto area
Sold Units
22
Units were Sold over the past twelve months
Rented Units
117
Units were Rented over the past twelve months
Best Value Rank
Home Power + Adelaide Condos offers the best value out of 19 condos in the Corktown - Toronto neighbourhood
?
Appreciation Rank
Home Power + Adelaide Condos has the highest ROI out of 19 condos in the Corktown - Toronto neighbourhood
?
Rental Yield
Home Power + Adelaide Condos yields the highest rent prices out of 19 condos in the Corktown - Toronto neighbourhood
?
High Demand
Home Power + Adelaide Condos is the most popular building out of 19 condos in the Corktown - Toronto neighbourhood
?
Market Insights
Transaction Insights at Home Power + Adelaide Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | No Data | $455,000 - $560,000 | $540,000 - $558,000 | $580,000 - $860,000 | No Data | $820,000 - $1,100,000 | No Data |
| Avg. Cost Per Sqft | No Data | $956 | $884 | $1,013 | No Data | $916 | No Data |
| Price Range | No Data | $2,000 - $2,300 | $2,100 - $2,500 | $2,400 - $3,500 | $2,900 - $4,200 | $3,750 - $4,500 | $3,050 - $3,800 |
| Avg. Wait for Unit Availability | No Data | 65 Days | 92 Days | 43 Days | 108 Days | 112 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 14 Days | 10 Days | 6 Days | 20 Days | 43 Days | 70 Days |
| Ratio of Units in Building | 1% | 16% | 23% | 39% | 13% | 8% | 3% |
Market Inventory
Total number of units listed and sold in Corktown - Toronto
