$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
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
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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