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Condo ApartmentListed 20 days ago

$749,900

399 Adelaide Street W 509, Toronto, ON M5V 1S1

Waterfront Communities C1 · Toronto · M5V 1S1

Listing brokerage: ROYAL LEPAGE REALTY PLUS

Beds
1 + Den
Baths
2
Sq ft
800–899
Parking
1
Virtual tour

Monthly costs

Maintenance

$754/mo

$0.89 per sq ft

Property taxes

$330/mo

$3,959 a year (2026)

About $1,084 a month in fees and taxes, before the mortgage.

The fee covers

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

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
South
Parking
1 spot · Underground
Locker
None
Balcony
Open
Laundry
Ensuite, In-Suite Laundry, Laundry Closet
Age
11-15 years
Possession
30-90 Days

The building

Lofts 399

399 Adelaide St W · King West

  • 2 for sale
  • 10 floors
  • 173 suites

About this home

King West, with room to exhale. This south-facing soft loft gives you all the energy of the neighbourhood outside your door, with a quieter, more private place to come home to.Ten-foot ceilings and updated premium light fixtures bring height and character to the open kitchen, dining and living area. The main room gives you space to host, settle in and simply be comfortable. Engineered hardwood, installed in 2019, carries through the space, while the south-facing balcony looks over the landscaped courtyard and water garden.The oversized den is its own room, not the usual condo alcove or three-wall nook. It is a true separate room with enough space for a home office, guest room, gym, media room or a mix. The bedroom has two closets with organizers, a large interior window wall overlooking the main living area and its own four-piece ensuite. A separate powder room, not often found in a one plus one condo, adds another layer of privacy and makes the layout feel more complete.GE laundry was purchased in 2025, modern kitchen with stainless steel appliances & gas range and one owned parking space is included. Residents also enjoy a gym, resistance lap pool, sauna, landscaped courtyard with water garden, outdoor BBQ area, billiard lounge, party room, visitor parking and 24-hour concierge service.Restaurants, cafés and nightlife are close at hand, along with Waterworks Food Hall, The Well, Stackt Market, the Rogers Centre and the CN Tower. King and Spadina streetcars keep the financial core and Union Station within easy reach. Soft-loft character, meaningful extra space and a calmer place to land, right in the heart of King West.

All details26 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1 + Den
Bathrooms
2
Kitchens
1
Rooms
5
Size
800-899 sq ft

Building & Amenities

Elevator
Yes
Floor
5
Property management
Shelter Canadian Properties Limited

Amenities

  • Game Room
  • Gym
  • Lap Pool
  • Party Room/Meeting Room
  • Sauna
  • Visitor Parking

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Features

  • Underground

Exterior & Lot

Style
Loft
Exterior
Brick, Concrete
View
Garden

Exterior features

  • Landscaped
  • Privacy

Taxes & Fees

HST
Included In

Listing

MLS® number
C13824548
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Waterfront Communities C1
Cross streets
Adelaide St./Spadina Ave.
Rooms · 7Living Room, Dining Room, Kitchen, Primary Bedroom, Den, Washroom ×2
  • Living Room

    Flat

    0.30 × 0.30 m · 1′0″ × 1′0″

    Hardwood Floor, Open Concept, W/O To Balcony

  • Dining Room

    Flat

    0.30 × 0.30 m · 1′0″ × 1′0″

    Hardwood Floor, Open Concept, Large Window

  • Kitchen

    Flat

    0.30 × 0.30 m · 1′0″ × 1′0″

    Hardwood Floor, Stainless Steel Appl, Modern Kitchen

  • Primary Bedroom

    Flat

    0.30 × 0.30 m · 1′0″ × 1′0″

    Broadloom, 4 Pc Ensuite, His and Hers Closets

  • Den

    Flat

    0.30 × 0.30 m · 1′0″ × 1′0″

    Hardwood Floor, Separate Room

  • 4-piece washroom

    Flat

  • 2-piece washroom

    Flat

History

Past listings and sales for this home and building.

Location

399 Adelaide Street W 509, Toronto, ON M5V 1S1 · Near Adelaide St./Spadina Ave.

Monthly cost

Estimated monthly cost

$4,404/mo

Mortgage
$3,320
Property tax
$330
Maintenance
$754
Down payment$149,980 · 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

$175,409

$149,980 down + $25,429 to $26,679 in closing costs

Ontario land transfer tax
$11,473
Toronto land transfer tax
$11,473
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$195
Condo fee adjustment
$438

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 Lofts 399

2

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$749,900

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