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1 / 0
New2 days ago

716 - 525 Adelaide Street W

Waterfront Communities C1, Toronto

$646,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Welcome to this bright and stylish 1 bedroom + 1 den suite in the heart of King West! Prime corner unit nestled in a quiet setting, overlooking the beautifully landscaped courtyard garden. Featuring an open-concept layout, modern kitchen with quartz countertops and stainless steel appliances, private balcony, spacious bedroom with closet and 4-piece ensuite, plus a versatile den and a bright sunroom that can be used as an additional bedroom, home office, or guest space. The thoughtfully designed layout can function as up to 3 bedrooms, with each room offering a sun-filled window and convenient access door. The living room features frosted tempered-glass sliding doors, providing both functionality and privacy. The smaller bedroom includes a standard closet and comfortably accommodates a single bed and desk, making it a practical and versatile space. Parking and locker included. Enjoy exceptional building amenities. Prime location just steps from King Street, top restaurants, cafes, shops, nightlife, transit, and the waterfront. An excellent opportunity for both end users and investors!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$501
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,954
mls© NumberC13857930
Listed ByBOXIN REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,307
Property tax
$246
Heat allowance
$150
Condo fees, half counted
$251
Housing costs
$3,953 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,200
25-yr amortization

Income needed

$122,000

gross annual household income

Payment at 4%
$2,718 / mo
Cash down
$129,200

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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