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904 - 501 Adelaide Street W
Waterfront Communities C1, Toronto
$549,000
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $639 |
| Locker | Owned |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $3,376 |
| mls© Number | C13655988 |
| Listed By | Xperience Real Estate |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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