501 Adelaide Street, Toronto, ON

$916,000
MLS#:C12958444
2 beds
2 baths
900-999 sqft
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick front and brick construction, this residence presents an exceptional opportunity offered at $916,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

KINGLY --- Boutique Living in the heart of King West! Rare opportunity to own in one of the King West's most sought-after Prestigious Boutique Residences by Allied Properties REIT. Featuring Signature Red Brick façade and iconic New York SoHo-inspired loft windows, this exclusive 132-unit building blends character with modern design. Stunning Unobstructed CN Tower and downtown skyline views! This beautifully upgraded modern neutral palleted unit has smart split 2 Bed / 2 Bath , offers a highly functional open-concept layout with premium finishes throughout. Acoustically engineered demising walls ensure exceptional privacy and quiet living. Bright and spacious dining area features floor-to-ceiling, wall-to-wall windows, creating a bright and airy space ideal for both everyday living and entertaining. Contemporary kitchen equipped with full-size appliances, thoughtfully designed for both style and function. Upgrades include: Kitchen island with deep pull-out drawers ; Pot lights in dining area, entry, and living room ; Neutral modern window shades throughout; Bathtub glass panel with stain-resistant treatment. Enjoy premium amenities including 24-hour concierge, very well-equipped Fitness Centre, and a quiet, well managed community-oriented building with predominantly young professional residents. Unbeatable Location Surrounded by Toronto's Top Dining, Cafes, Lounges, Bars and Vibrant nightlife. Steps to St. Andrew's Playground/ lease free Dog Park; Waterworks Food Hall (dog friendly) and The Well. Minutes to Loblaws, Home Sense, Dollar stores, Farm Boy, Queen West shopping, parks, and the waterfront. A True Walker's Paradise -- Leave the car behind and enjoy the very Best of King West Living.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 21, 2026
Sold price information is available to members only
Listed Date4/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick Front, Brick
BasementNone
CountyToronto
Annual Tax$5,037

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Park, Library, Clear View

Interior Features

Built-In Oven, Carpet Free

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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501 Adelaide Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 501 Adelaide Street W 1101, Toronto C01, ON M5V 1T4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$66,600 (7.3%)
* Minimum Canadian down payment required for this price is $66,600.
Amortization Period25 Years
Estimated Monthly Payment$5,062Based on a loan of $849,400 over 25 years.
Purchase Price$916,000
Loan Amount$849,400
Provincial Land Transfer Tax:$14,795
Toronto Municipal Land Transfer Tax:$14,795
Total Estimated Closing Taxes:$29,590

About Purchasing a Home in Toronto, ON

For a property listed at $916,000 in Toronto, the legal minimum down payment is $66,600 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 $14,795 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,795 also applies, bringing the total estimated land transfer taxes to $29,590.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,306

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.