2709-290 Adelaide Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13986378

$439,000
For Sale
Listed 7 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Stylish 1-bedroom suite at 290 Adelaide Street in the heart of downtown Toronto.
  • This bright unit features a spacious balcony, floor-to-ceiling windows, and modern built-in appliances, all within a functional open-concept layout.
  • Convenient transit options nearby include the Spadina and King streetcars, as well as Line 1 at St.
  • Residents enjoy an impressive range of amenities, including a rare outdoor pool, fully equipped fitness centre, party room, golf simulator, billiards lounge, and sauna.

Stylish 1-bedroom suite at 290 Adelaide Street in the heart of downtown Toronto. This bright unit features a spacious balcony, floor-to-ceiling windows, and modern built-in appliances, all within a functional open-concept layout. The east-facing exposure brings in beautiful morning light, creating a warm and inviting living space.Located just steps from the Fashion District and Financial District, with easy access to top restaurants, the AGO, TIFF, and more. Convenient transit options nearby include the Spadina and King streetcars, as well as Line 1 at St. Andrew Station.Residents enjoy an impressive range of amenities, including a rare outdoor pool, fully equipped fitness centre, party room, golf simulator, billiards lounge, and sauna.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13986378
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
John & Adelaide
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$354/mo
Exposure
East
Property tax
$2,609 / 2025
Days on market
7
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Bedroom3.05 × 2.84 m
Kitchen7.72 × 2.72 m

combined w/living · b/i appliances

Bathroom

b/i vanity · tile floor · 3 pc bath

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$440kavg asking

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

Per square foot, these ask about $1,762/sqft; this home lists at $1,760/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
439kThis home449k455k400k395k499kThis home vs active comparables

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.

Nearby neighbourhoods

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

Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Niagara
$631K
North St. James Town
$765K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
Contact Alternative School School · Public secondary0.7 km
Heydon Park Secondary School · Public secondary0.8 km · 8% at standard
Beverley School · Public elementary1.0 km
Subway Academy II · Public secondary1.0 km
Bishop Macdonell Catholic School · Catholic elementary1.0 km · 82% at standard
Jean Lumb Public School · Public elementary1.0 km · 73% at standard
Orde Street Public School · Public elementary1.2 km · 76% at standard
St Michael's Choir (Sr) School · Catholic secondary1.3 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.4 km · 98% at standard
The Waterfront School · Public elementary1.4 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,001/mo
$94KIncome needed
4.7×Price ÷ income
$462Weekly cost
$10,510Land transfer tax, one-time (Ontario + Toronto)
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.

78%mortgage
Mortgage $2,001Property tax $217Condo fee $354Total carry $2,573

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,942per month

Mortgage amount $351,200 · 4.49% over 25 years

$87,800Down payment (20.0%)
$351,200Loan before insurance
$0CMHC premium
$2,513Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,942
Property tax
$217
Condo / maintenance fees
$354
Heating
$0
Estimated monthly cost
$2,513

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

One-time closing costs

Ontario land transfer tax
$5,255
Toronto municipal land transfer tax
$5,255
Estimated closing costs
$10,510

Plus your down payment of $87,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,350/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

$231,354Total interest paid
$582,554Total of all payments
Principal $351,200 Interest $231,354
YearPrincipalInterestBalance
1$7,837$15,465$343,363
2$8,193$15,109$335,170
3$8,565$14,737$326,604
4$8,954$14,348$317,650
5$9,361$13,942$308,290
6$9,786$13,517$298,504
7$10,230$13,072$288,274
8$10,694$12,608$277,580
9$11,180$12,122$266,400
10$11,688$11,615$254,713
11$12,218$11,084$242,494
12$12,773$10,529$229,721
13$13,353$9,949$216,368
14$13,959$9,343$202,409
15$14,593$8,709$187,816
16$15,256$8,047$172,561
17$15,948$7,354$156,613
18$16,672$6,630$139,940
19$17,429$5,873$122,511
20$18,221$5,081$104,290
21$19,048$4,254$85,242
22$19,913$3,389$65,329
23$20,817$2,485$44,512
24$21,762$1,540$22,750
25$22,750$552$0

At the end of your 5-year term

Total paid over the term
$116,511
Principal paid down
$42,910
Interest paid
$73,601
Balance remaining
$308,290

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.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
3.9%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

6.3%
Gross yield
− Property tax $2,609− Condo fees $4,254− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,101

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

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