806-399 Adelaide Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13232478
About this home
High-Design Meets King West Historic Charm. Welcome to Lofts 399-where historic vibes meet a sophisticated, high-energy lifestyle in Toronto's most vibrant neighborhood. If you've been searching for that perfect blend of "right in the action" and "private urban oasis," congratulations: you just found it. The Suite Experience Step inside a masterfully designed, light-filled sanctuary that feels worlds away from the city hustle, while being exactly where you want to be. Dramatic 10-foot exposed concrete ceilings paired with a desirable, privacy-forward split-bedroom layout. A massive, open-concept recently renovate kitchen equipped with a High End GE Cafe monogram Fridge and gas stove-perfect for hosting pre-drinks or channeling your inner chef. A south-facing balcony that catches glorious all-day sun and Pinterest-worthy sunsets. Storage For Days Say goodbye to condo clutter. This unit features oodles of storage space, including 5 custom California Closets where every single inch has been thoughtfully maximized. Lofts 399 is famous for its unique layouts and premium build quality. The suite itself overlooks a serene, ultra-quiet courtyard, giving you a peaceful retreat to unwind. An excellent 24-hour concierge team that delivers packages straight to your door. Amenities: Stay fit in the ultra-modern gym without leaving the building. The Perks: Includes an extra-large storage locker and dedicated parking! The Location: Walk To Everything You are steps away from the absolute heart of King West's best dining, nightlife, cafés, and boutique shopping, yet perfectly tucked away from the noise.The Verdict: Incredible layout, unmatched storage, premium finishes, and a vibe you can't replicate. You are going to love living here.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13232478
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Brant & Adelaide St. W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete, Other
- Maintenance
- $857/mo
- Exposure
- South
- Property tax
- $3,175 / 2025
- Days on market
- 46
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
double closet · closet organizers · sliding doors
double closet · closet organizers
stainless steel appl · ceramic backsplash
Listed at $1,049,000, this home is tracking about 15% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,105/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 99 similar homes nearby, adjusted for size, beds, and baths.Median of 99 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $596K, lower than the comparables and worth a second look.
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 $850K
- Bedrooms −$30K
- Adjusts to $820K
That comparable adjusts to $820K; the $916K estimate above is the median of all 99 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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 very walkable address with everyday errands close by. King St West at Spadina Ave West Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $916K, median of 99 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 6% above the area average of $1,043/sqft.
44 days longer than the Toronto average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA 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.
Most daily errands can be done on foot.
🚉 Nearest transit: King St West at Spadina Ave West Side, about 143 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.
Mortgage amount $839,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,478
- Property tax
- $265
- Condo / maintenance fees
- $857
- Heating
- $0
- Estimated monthly cost
- $5,600
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,455
- Toronto municipal land transfer tax
- $17,455
- Estimated closing costs
- $34,910
Plus your down payment of $209,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $268,697
- Principal paid down
- $106,872
- Interest paid
- $161,825
- Balance remaining
- $732,328
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.
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.