501 Adelaide Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $525,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience Sophisticated Urban Living at Unit 1108 501 Adelaide Street West! Welcome to the heart of Toronto's vibrant Entertainment District, where style meets function at the prestigious Kingly Condominiums. This tastefully upgraded 1-bedroom, 1-bathroom, 1 locker residence offers a seamless blend of comfort, elegance, and city convenience in a fabulous layout. Step into a thoughtfully designed living space featuring thousands of dollars in premium kitchen upgrades. The sleek, modern kitchen is a culinary dream complete with a spacious island, upgraded finishes, and a smart open-concept layout that flows effortlessly into the living area, ideal for hosting or relaxing in style. The generously sized bedroom is enhanced by floor-to-ceiling windows, inviting in an abundance of natural light and offering a warm, serene atmosphere. Enjoy your morning coffee or an evening breeze from the Juliet balcony a peaceful perch above the buzz of the city. As a resident of Kingly Condos, you'll enjoy access to top-tier amenities including a 24-hour concierge, fully equipped fitness centre with a sauna, stylish business lounge, terrace with BBQs and vibrant social spaces. Just steps from King Wests finest restaurants, cafes, boutiques, and transit options, this location offers the ultimate downtown lifestyle. Don't miss your chance to own this elevated urban retreat at this price where luxury upgrades and unbeatable location come together beautifully.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 501 Adelaide Street W 1108, Toronto C01, ON M5V 0R3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $525,000 in Toronto, the legal minimum down payment is $27,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,975 also applies, bringing the total estimated land transfer taxes to $13,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.