701-525 Adelaide St
Waterfront Communities C1, Toronto, Ontario M5V 1T4
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 600–699sq ft
- Per sq ft
- $861at the range’s middle
- Tax a year
- $2,7152026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 701-525 Adelaide St
701-525 Adelaide St is a 1+1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $559,000 (MLS® C14079784).
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
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even54/100−$184/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 287 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,715 / 2026
- MLS® number
- C14079784
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge, Stove, Microwave, Dishwasher, Washer and Dryer, all window coverings, electric light fixtures, built-in desk and shelving. plants on balcony, electric fireplace
- Condo maint.
- $407
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.78 × 4.27 m | Combined W/Dining, Laminate, W/O To Balcony | Main |
| Dining | 2.77 × 4.27 m | Combined W/Living, Laminate, 4 Pc Bath | Main |
| Kitchen | 2.16 × 3.04 m | Open Concept, Laminate | Main |
| Primary | 2.48 × 3.33 m | 3 Pc Ensuite, Laminate, Double Closet | Main |
| Den | 2.81 × 2.89 m | Laminate, B/I Desk, B/I Shelves | Main |
| Other | 1.56 × 2.93 m | South View | Main |
Listing history
Buy/sell history for 701-525 Adelaide St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $559,000 | N/A | Pc | C14079784 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $111,800
- Total mortgage amount
- $447,200
- Total interest payment
- $318,100
- Total purchase cost
- $877,100
- Mortgage payment
- $2,551/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
26%Monthly carrying cost
$3,184- Rent $3,000
- Shortfall $184
Rental income opens at $3,000, the median asking rent of 287 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,655
- Toronto municipal land transfer tax
- $7,655
- Total land transfer tax
- $15,310
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,835
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $559,000
- $3,180
- Ontario total
- $7,655
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,655.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m125 test or monitoring holes also recorded.250 m
- Groundwater recorded about 11.1 m below ground nearbyThe middle water level in the well records within 500 m (516 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 108 building permits issued within 250 m in the last 2 years250 m
- 38 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.4 km1.4 km
- Mapped parcel: about 37,990 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 510 m510 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- In the King-Spadina Heritage Conservation District, by-law 1111-2017
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
26 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Revision Issued
REV 01 - HVAC - Proposal to install new energy recovery ventilator to provide exhaust and outdoor air system as per ASHRAE requirement. HVAC - Proposal for interior alterations and convert the existing cosmetic and hair salon in to a self serve dog wash with four stations. (Unit 108R)
Issued May 24, 2023
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations and convert the existing cosmetic and hair salon in to a self serve dog wash with four stations. (Unit 108R)
Issued February 9, 2023
Interior AlterationsPermit Issued
Proposal for interior alterations and convert the existing cosmetic and hair salon in to a self serve dog wash with four stations. (Unit 108R)
Issued February 9, 2023
Sign Building Permit RelatedClosed
In conjunction with a multi-storey building on the premises, proposal to erect and display one illuminated wall sign and one illuminated projecting sign, displaying static copy, located on the first storey of the north elevation. The wall sign is 1.12 metres vertically by 7.82 metres horizontally at a height of 4.47 metres above grade, The projecting sign contains two sign faces, each sign face measuring 0.68 metres vertically by 0.87 metres horizontally at a height of 4.04 metres.**FLEXZONIA**
Issued March 28, 2019
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations to turn a vacant open space to a proposed gymnasium in existing multi-unit building. Unit 8
Issued December 13, 2018
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to turn a vacant open space to a proposed gymnasium in existing multi-unit building. Unit 8
Issued December 13, 2018
Interior AlterationsClosed
Proposal for interior alterations to turn a vacant open space to a proposed gymnasium in existing multi-unit building. Unit 8
Issued November 12, 2018
Sign Building Permit RelatedClosed
In conjunction with a multi-storey building on the premises, proposal to erect and display two wall signs and two projecting signs, all illuminated and displaying static copy, located on the first storey of the north and west elevations. The wall sign on the north elevation is 1.37 metres vertically by 12.49 metres horizontally at a height of 4.37 metres. The wall sign on the west elevation is 1.37 metres vertically by 11.66 metres horizontally at a height of 4.37 metres. The two projecting signs contains two sign faces each, in a back to back orientation, each sign face measuring 0.61 metres vertically by 0.61 metres horizontally at a height of 4.04 metres.***WALMART***
Issued October 26, 2018
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
662 KING ST WSite planUnder Review
Ontario Line King-Bathurst
110 m away668 KING ST WSite planUnder Review
Ontario Line King-Bathurst
120 m away141 BATHURST STSite planUnder Review
Site Plan Approval for the properties at 141, 149-161 Bathurst Street, 579, 589 and 591 Richmond Street West to facilitate the development of a 12-storey office building with ground related retail. This application is being reviewing in conjunction with an application to Amend the Zoning By-law, File No. 21-172654 STE 10 OZ.
120 m away141 BATHURST STOfficial plan or zoning amendmentUnder Review
Application to Amend the Zoning By-law to permit the redevelopment of the site at 141, 149 - 161 Bathurst Street and 579, 589-591 Richmond Street West with a 12-storey non-residential building containing retail uses at the ground level and office uses above. The heritage buildings at 141 Bathurst St and 579 Richmond St W are proposed to be partially retained. The heritage buildings at 159 and 161 Bathurst St are proposed to be demolished. This development proposal comprises Phase 1 of a larger master-planned development which also includes the sites at 555 Richmond Street West and 550 Adelaide Street West (Phase 2). The phase 1 and phase 2 development proposals are being reviewed concurrently. Please see Application No. 21- 172691 STE 10 OZ. An associated Rental Housing Demolition and Conversion application was also submitted (File No. 21-172661 STE 10 RH).
120 m away555 RICHMOND ST WSite planUnder Review
Application for Site Plan approval for a new building at 555 Richmond Street West. The existing 12-storey office building fronting Richmond Street will be retained and a new 16-storey mixed-use building with commercial uses on the ground floor and 139 residential units above fronting Adelaide Street West is proposed. Once developed, the mixed-use building will have a new municipal address of 550 Adelaide Street West. This application is being reviewed in conjunction with the associated Zoning Amendment Application File No. 21-172691 STE 10 OZ.
140 m away555 RICHMOND ST WPlan of subdivisionUnder Review
Draft Plan of Subdivision for 1 block.
140 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 630
- Median asking price
- $629K
- New in 7 days
- 70
- Price cuts
- 21%
Middle half: $539K to $837K
251 in 28 days
132 listings
This home is asking 11% below the median.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| Exhibition GO | GO Transit train: Lakeshore West | 1.7 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 250 m | 75%Grade 6 average |
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 500 m | 95%Grade 6 average |
| Ryerson Community School Junior SeniorToronto DSB | Public · grades JK–8 · French Immersion | 650 m | 52%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 1.1 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.2 km | 8%Grade 9 math |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.5 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterfront Communities C1 are shown to signed-in members.