Lph35-525 Adelaide Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C12887022

$4,800/mo
For Lease
Listed 124 days ago
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3Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

Revel in this rare FULLY FURNISHED ALL INCLUSIVE luxury suite, in one of Toronto's most well appointed buildings. This Bright sun filled and tastefully decorated space has over 1000 Sq Ft. The open-concept floorplan presents an ideal canvas for entertaining, seamlessly blending living spaces while providing ample storage solutions. This Luxurious Apartment Features An Ensuite Bathroom From The Primary Bedroom. Furthermore, this apartment includes A Rare parking and locker combo that is not often found downtown. The Location Of This Apartment Is A1: Located In The Highly Sought-After C01 community, which boasts numerous noteworthy restaurants, entertainment options, sporting venues along with easy access to public transit. Resort-Like Amenities: Pool, Gym, Guest Suites, lovely roof top garden & More! Full Size Washer & Dryer. Ample Visitor Parking. Bonus: Parking included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12887022
Bedrooms
3
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Bathurst & Adelaide
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North West
Days on market
124
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.
Moe’s TakeTeam Asgarian · Broker
In line
$4,806/moest. value

Listed at $4,800/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 22 similar rentals nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3,700/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,800/mo

That comparable adjusts to $3,800/mo; the $4,806/mo estimate above is the median of all 22 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$4,565/moBelow market$5,015/moAbove market

Total price vs nearby homes. Fair value about $4,806/mo, median of 22 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$4,083avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

912-208 Queens Quay$4,9504001-5 Mariner Terrace$3,700332-3 Concord cityplace Way$3,600

The 3 closest active listings nearby.

See all comparable homes
4,800This home4,9503,7003,600This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $4K
10active listings nearby
124days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Waterfront Communities C8
$3K
North St. James Town
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$22/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $22Property tax $3Total carry $25

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20per month

Mortgage amount $3,840 · 4.14% over 25 years

$960Down payment (20.0%)
$3,840Loan before insurance
$0CMHC premium
$23Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24
Toronto municipal land transfer tax
$24
Estimated closing costs
$48

Plus your down payment of $960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,307Total interest paid
$6,147Total of all payments
Principal $3,840 Interest $2,307
YearPrincipalInterestBalance
1$90$156$3,750
2$94$152$3,656
3$98$148$3,559
4$102$144$3,457
5$106$140$3,351
6$110$135$3,241
7$115$131$3,126
8$120$126$3,006
9$125$121$2,881
10$130$116$2,751
11$136$110$2,615
12$141$105$2,474
13$147$99$2,327
14$153$93$2,174
15$160$86$2,014
16$166$80$1,848
17$173$73$1,674
18$181$65$1,494
19$188$58$1,306
20$196$50$1,110
21$204$42$906
22$213$33$693
23$222$24$471
24$231$15$241
25$241$5$0

At the end of your 5-year term

Total paid over the term
$1,229
Principal paid down
$489
Interest paid
$740
Balance remaining
$3,351

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of INTERNATIONAL REALTY FIRM, INC.. MLS®/PropTx.

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