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Condo ApartmentListed 184 days ago

$499,000

295 Adelaide Street W 316, Toronto, ON M5V 1P7

Waterfront Communities C1 · Toronto · M5V 1P7

Listing brokerage: HOMELIFE/BAYVIEW REALTY INC.

Beds
1 + Den
Baths
1
Sq ft
600–699
Parking
0
Virtual tour

Monthly costs

Maintenance

$461/mo

$0.71 per sq ft

Property taxes

$271/mo

$3,250 a year (2025)

About $732 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Water
  • Covered: Building Insurance
  • Covered: Common Elements
  • Not covered: Hydro
  • Not covered: Air conditioning

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
West
Parking
None
Locker
None
Balcony
Open
Laundry
Ensuite
Possession
Immediate

The building

The Pinnacle on Adelaide

295 Adelaide St W · King West

  • 6 for sale
  • 5 for rent
  • 46 floors

About this home

Live in the Heart of the Entertainment District! Step into this beautifully renovated and spacious 1-bedroom + den condo, perfectly designed for modern city living. Sunlight pours over sleek laminate floors and freshly painted walls, highlighting a stylish kitchen with granite countertops and stainless steel appliances. The versatile den is ideal for a home office, creative space, or even a dining area.Sip your morning coffee or unwind after a long day on your private balcony, enjoying vibrant city views. The building offers an incredible suite of amenities, including a 24-hour concierge, indoor pool with hot tub, sauna, fully equipped fitness center, movie theatre, foosball & ping pong tables, visitor parking, and a rooftop patio perfect for entertaining or relaxing.Located steps from top restaurants, grocery stores, shopping, parks, and schools, this condo offers both convenience and lifestyle. Exceptional value for those looking to embrace the best of downtown living-don't miss this opportunity! Note unit is leased as of October 1,2026. Buyer to assume existing tenant paying $2400/month, for one year.

All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1 + Den
Bathrooms
1
Kitchens
1
Rooms
5
Size
600-699 sq ft

Features

  • Carpet Free

Building & Amenities

Floor
3
Property management
Del Property Management

Amenities

  • Concierge
  • Exercise Room
  • Indoor Pool
  • Visitor Parking
  • Rooftop Deck/Garden
  • Sauna

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
0

Exterior & Lot

Style
Apartment
Exterior
Brick

Taxes & Fees

HST
Included In

Listing

MLS® number
C12990016
Type
Condo Apartment
Transaction
For Sale
Cross streets
John/Adelaide
Original price
$529,000
Neighbourhood
Waterfront Communities C1
Rooms · 6Living Room, Dining Room, Kitchen, Primary Bedroom, Den, Washroom
  • Living Room

    Main

    3.99 × 2.86 m · 13′1″ × 9′5″

    Laminate, Combined w/Dining, W/O To Balcony, Living Room

  • Dining Room

    Main

    3.99 × 2.86 m · 13′1″ × 9′5″

    Laminate, Combined w/Living, Open Concept, Dining Room

  • Kitchen

    Main

    4.23 × 3.43 m · 13′11″ × 11′3″

    Laminate, Stainless Steel Appl, Granite Counters, Kitchen

  • Primary Bedroom

    Main

    4.21 × 3.19 m · 13′10″ × 10′6″

    Laminate, Large Closet, West View, Primary Bedroom

  • Den

    Main

    2.09 × 1.92 m · 6′10″ × 6′4″

    Laminate, Den

  • 4-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

295 Adelaide Street W 316, Toronto, ON M5V 1P7 · Near John/Adelaide

Monthly cost

Estimated monthly cost

$2,942/mo

Mortgage
$2,209
Property tax
$271
Maintenance
$461
Down payment$99,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$114,988

$99,800 down + $15,188 to $16,438 in closing costs

Ontario land transfer tax
$6,455
Toronto land transfer tax
$6,455
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$160
Condo fee adjustment
$268

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

Other homes in The Pinnacle on Adelaide

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The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$499,000

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