295 Adelaide Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,000 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 1 Bathroom
- Generous living space spanning 700-799 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience The Pinnacle on Adelaide like no other. Designed for those who revel in the best of downtown Toronto, this spacious 713 sqft suite offers a highly functional open-concept layout: generous living and dining areas, kitchen equipped with full-size appliances and ample storage, bedroom with natural light, and a massively oversized den. This versatile space is perfect for anyone who desires total flexibility; use the wide den as a separate dining room, a guest sleeping area, or your dream home office. Prepare for an unobstructed view of the CN Tower as you step out onto the balcony. The unit has been meticulously maintained by the same owner and never been leased. Enjoy the premium perks of having dedicated elevators for shorter wait times, a giant locker conveniently located on the same floor, plus an additional locker near parking (perfect for bicycle storage). This well-managed building has all the amenities you'll want: 24/7 concierge, gym, indoor pool, sauna, hot tub, yoga room, party room, theatre room, games room, rooftop deck, and the most lauded of all amenities... visitor parking! Situated in the heart of the city's beloved Entertainment District, explore everything Queen St and King St has to offer: shops, restaurants, cafes, bars, theatres, Roy Thomson Hall, the list goes on. Not to mention the prime opportunity for celebrity sightings on an annual basis by TIFF Lightbox! Only a 7 minute walk to St Andrew subway station, an 8 minute walk to the MTCC, and a 10 minute walk to the Rogers Centre. If you live for the action--this is the place to be.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 295 Adelaide Street W 306, Toronto C01, ON M5V 0L4
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 $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
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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.
