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 $549,000 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 600-699 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 best of King West living at the highly coveted Kingly Condos at King & Portland. This exceptional 1-bedroom suite offers incredible value with thoughtful upgrades and a spacious open-concept layout designed for modern city living.The suite features expansive New York-style warehouse windows, 9-ft smooth ceilings, and wide plank flooring throughout, creating a bright and stylish atmosphere. The custom Scavolini kitchen is a standout, complete with full-sized integrated/panelled stainless steel appliances, natural stone counters, subway tile backsplash, and an additional custom pantry for extra storage.The lengthy open-concept living and dining area is perfect for entertaining, enhanced by floor-to-ceiling windows that bring in abundant natural light and offer versatile layout options. The primary bedroom is smartly enclosed with frosted glass sliding doors and features a double closet. Relax in the spa-inspired 4-piece bathroom finished with modern tile, a stone vanity, mirrored medicine cabinet, extra shelving, and a luxury 2-in-1 shower/tub. Step out onto your private balcony to enjoy sensational sunrise views, and take advantage of the included locker for added convenience.Residents enjoy state-of-the-art amenities, including a fitness centre and gym, rooftop deck, party and meeting rooms, and 24-hour concierge. Located just steps from Toronto's hottest restaurants, cafes, nightlife, and shopping, this is King West living at its finest. Live like royalty at The Kingly.
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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 804, 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 $549,000 in Toronto, the legal minimum down payment is $29,900 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 $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.
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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.