701-525 Adelaide Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14079784

$585,000
For Sale
Listed 4 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Presenting an exceptional condo that perfectly combines prime location, thoughtful layout, and top-tier amenities.
  • This spacious 627 sq. ft unit features 1 bedroom, a den, 2 full bathrooms, and a balcony.
  • The primary bedroom boats feature wall, a 4-piece ensuite bathroom and double closet.
  • A prime location with a Walkscore of 100 - everything you need is just steps away, including St.
  • Andrews Park, 24-hour streetcars, Food Emporium, the Downtown Core, Liberty Village, and Billy Bishop Airport.

Presenting an exceptional condo that perfectly combines prime location, thoughtful layout, and top-tier amenities. Ideally situated just moments from the vibrant King W & Queen W neighbourhoods, this beautifully designed home showcases an efficient floor plan with no wasted space. Located on the quiet courtyard side, it offers a peaceful living experience.This spacious 627 sq. ft unit features 1 bedroom, a den, 2 full bathrooms, and a balcony. Upon entering, you're greeted by abundant natural light streaming in from the south-facing windows, creating a welcoming and warm ambiance. The living and dining rooms are combined allowing for great entertaining and laminate floors that continue throughout the suite. The modern kitchen boasts full-sized stainless steel appliances and elegant stone countertops.The primary bedroom boats feature wall, a 4-piece ensuite bathroom and double closet.The generous balcony serves as a peaceful outdoor retreat, ideal for morning coffee or evening relaxation. Thoughtful storage solutions throughout ensure a clutter-free and organized living space.The private den, is complete with a built-in desk and provides the perfect spot for a home office. The second bathroom is enhanced with a sleek glass shower wall and Moen fixtures. A prime location with a Walkscore of 100 - everything you need is just steps away, including St. Andrews Park, 24-hour streetcars, Food Emporium, the Downtown Core, Liberty Village, and Billy Bishop Airport. Pictures are from previous listing

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14079784
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Bathurst and Adelaide
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$407/mo
Exposure
South
Property tax
$2,715 / 2026
Days on market
4
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

OtherMain2.93 × 1.56 m

South View

Living RoomMain4.27 × 2.78 m

combined w/dining · laminate · w/o to balcony

Primary BedroomMain3.33 × 2.48 m

3 pc ensuite · laminate · double closet

DenMain2.89 × 2.81 m

laminate · b/i desk · b/i shelves

KitchenMain3.04 × 2.16 m

open concept · laminate

Dining RoomMain4.27 × 2.77 m

combined w/living · laminate · 4 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 City 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
$604kavg 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 $878/sqft; this home lists at $901/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
585kThis home579k615k658k589k579kThis 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.

Niagara
$724K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
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 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
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.3 km
Niagara Street Junior Public School · Public elementary0.5 km · 82% at standard
Charles G Fraser Junior Public School · Public elementary0.7 km · 74% at standard
Ogden Junior Public School · Public elementary0.7 km · 69% at standard
Bishop Macdonell Catholic School · Catholic elementary0.9 km · 82% at standard
Jean Lumb Public School · Public elementary0.9 km · 73% at standard
The Waterfront School · Public elementary1.1 km · 74% at standard
Heydon Park Secondary School · Public secondary1.2 km · 8% at standard
Givins/Shaw Junior Public School · Public elementary1.3 km · 81% at standard
Kensington Community School School Junior · Public elementary1.3 km · 97% at standard
Beverley School · Public elementary1.3 km
Subway Academy II · Public secondary1.3 km

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

Affordability & Mortgage

Affordability
$2,666/mo
$120KIncome needed
4.9×Price ÷ income
$615Weekly cost
$16,350Land 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.

81%mortgage
Mortgage $2,666Property tax $226Condo fee $407Total carry $3,299

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)
$2,588per month

Mortgage amount $468,000 · 4.49% over 25 years

$117,000Down payment (20.0%)
$468,000Loan before insurance
$0CMHC premium
$3,221Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,588
Property tax
$226
Condo / maintenance fees
$407
Heating
$0
Estimated monthly cost
$3,221

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

One-time closing costs

Ontario land transfer tax
$8,175
Toronto municipal land transfer tax
$8,175
Estimated closing costs
$16,350

Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,132/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

$308,296Total interest paid
$776,296Total of all payments
Principal $468,000 Interest $308,296
YearPrincipalInterestBalance
1$10,444$20,608$457,556
2$10,918$20,134$446,638
3$11,414$19,638$435,225
4$11,932$19,120$423,293
5$12,474$18,578$410,819
6$13,040$18,012$397,779
7$13,632$17,420$384,147
8$14,251$16,801$369,896
9$14,898$16,154$354,998
10$15,575$15,477$339,423
11$16,282$14,770$323,142
12$17,021$14,031$306,121
13$17,794$13,258$288,327
14$18,602$12,450$269,725
15$19,446$11,606$250,279
16$20,329$10,723$229,950
17$21,252$9,800$208,698
18$22,217$8,835$186,481
19$23,226$7,826$163,255
20$24,280$6,771$138,974
21$25,383$5,669$113,591
22$26,535$4,516$87,056
23$27,740$3,312$59,316
24$29,000$2,052$30,316
25$30,316$735$0

At the end of your 5-year term

Total paid over the term
$155,259
Principal paid down
$57,181
Interest paid
$98,078
Balance remaining
$410,819

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$2,050/mo
$24,600Gross annual rent
2.3%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.

4.2%
Gross yield
− Property tax $2,715− Condo fees $4,880− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,699

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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