$599,900

For sale

#420 399 Adelaide Street West, Toronto (Waterfront Communities) - Single Family for Sale

#420 399 Adelaide Street West, Toronto (Waterfront Communities), Ontario, M5V1S4

1 bed2 baths0 parking750 ft²$644/mo condo feeListed 30 days ago

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $599,900, it is attractively priced about 5% below the $629,900 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 57 days.

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Description

Bright and spacious 1-bedroom, 2-bath suite in the heart of Toronto's vibrant King West Entertainment District. This stylishresidence features soaring 10-foot exposed concrete ceilings, expansive floor-to-ceiling windows, walk-out to an open balcony and afunctional 783sq. ft. layout designed for comfortable urban living. Flooded with natural light, the open-concept space blends modern designwith everyday practicality. Ideally situated in sought-after King West, you're surrounded by some of the city's finest restaurants, cafes,nightlife, and boutique shopping, with easy access to transit and downtown conveniences. Residents enjoy exceptional building amenities,including a fully equipped fitness centre, lap pool, landscaped courtyard with a tranquil water garden, 24-hour concierge, and stylish partyroom. A perfect opportunity to experience upscale downtown living in one of Toronto's most desirable neighbourhoods. (id:66096)

Property Details

MLS®: C13872774
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $644/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,348/yr

Rooms

Main level

Kitchen: 3.42 x 2.54 meters
Living room: 5.18 x 5.72 meters
Dining room: 5.18 x 5.72 meters
Primary Bedroom: 3.23 x 3.02 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Flooring: Hardwood
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$800

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Waterfront Communities) has been listed for 30 days, which is 27 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · JOHN LUGLI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $599,900, about 6.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$599,900· $800/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$279/mo

Condo fee$644/mo

Total monthly$4,055

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$16,946

Est. closing costs$4,300

Total cash needed$56,236

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