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New11 hours ago

904 - 501 Adelaide Street W

Waterfront Communities C1, Toronto

$549,000

Condo Apartment |
1 | 1 | 0 | 1
About this home

Welcome to 501 Adelaide St W, Unit 904 - where exceptional location meets comfortable urban living.Situated in the heart of Toronto's sought-after King West/Fashion District, this well-kept suite offers an incredible opportunity to live in one of the city's most vibrant neighbourhoods. Enjoy the best of downtown living with an abundance of restaurants, cafés, shops, nightlife, entertainment and everyday conveniences right outside your door.The thoughtfully maintained unit offers a comfortable and inviting space with the benefit of being located in a well-regarded building with excellent amenities, including concierge, fitness facilities and rooftop terrace. All furniture can be included with the unit or removed! With a Walk Score of 100 and Bike Score of 99, the location is truly hard to beat. Convenient access to TTC, King West, Queen West, the Entertainment District and Toronto's downtown core makes commuting and exploring the city effortless.A fantastic opportunity to own in one of downtown Toronto's most desirable locations - ideal for end users and investors alike. Don't miss this one!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$639
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,376
mls© NumberC13655988
Listed ByXperience Real Estate
Common Elements Included

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,810
Property tax
$281
Heat allowance
$150
Condo fees, half counted
$319
Housing costs
$3,561 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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