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Condo ApartmentListed 53 days ago

$549,000

501 Adelaide Street W 1205, Toronto, ON M5V 1T4

Waterfront Communities C1 · Toronto · M5V 1T4

Listing brokerage: PSR

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

Monthly costs

Maintenance

$561/mo

$0.86 per sq ft

Property taxes

$313/mo

$3,760 a year (2026)

About $874 a month in fees and taxes, before the mortgage.

The fee covers

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

Bills not covered are paid by the owner.

For investors: Likely not rent controlled: no cap on the yearly increase for units first lived in after Nov 15, 2018. Ontario rules

The unit

Exposure
West
Parking
None
Locker
Owned
Balcony
Juliette
Laundry
Ensuite
Age
6-10 years
Possession
60-90-Tenanted

The building

Kingly

501 Adelaide St W · King West

  • 3 for sale
  • 7 for rent
  • 15 floors

About this home

Welcome to Kindly! Perched on the 12th floor in the heart of King West, this bright and thoughtfully laid-out 1+1 bedroom suite offers a smart use of space with a separate office/den that's perfect for working from home. The open-concept but separate kitchen, living and dining area features modern finishes, integrated appliances and floor-to-ceiling windows, while the spacious bedroom offers a large closet and plenty of natural light. The versatile den provides that increasingly hard-to-find bonus space without taking away from the main living area. Complete with ensuite laundry and an owned locker. Steps from some of the city's best restaurants, cafes, shops and nightlife, with TTC at your doorstep and everything King West has to offer just outside your door. All of this at Kingly - a beautifully designed, exceptionally well-run boutique building and one of King West's places to call home.

All details23 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1 + Den
Bathrooms
1
Kitchens
1
Rooms
4
Size
600-699 sq ft

Features

  • Carpet Free

Building & Amenities

Floor
12
Property management
City Sites

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
C13703706
Type
Condo Apartment
Transaction
For Sale
Cross streets
Adelaide and Brant
Co-listing brokerage
PSR
Neighbourhood
Waterfront Communities C1
Rooms · 6Kitchen, Living Room, Dining Room, Primary Bedroom, Bathroom, Washroom
  • Kitchen

    Main

    Hardwood Floor, Granite Counters, Stainless Steel Appl

  • Living Room

    Main

    5.05 × 3.32 m · 16′7″ × 10′11″

    Hardwood Floor, Window Floor to Ceiling, Juliette Balcony

  • Dining Room

    Main

    5.05 × 3.32 m · 16′7″ × 10′11″

    Hardwood Floor, Open Concept, Combined w/Living

  • Primary Bedroom

    Main

    2.84 × 2.94 m · 9′4″ × 9′8″

  • Bathroom

    Main

    2.84 × 1.98 m · 9′4″ × 6′6″

    Tile Floor, 4 Pc Bath, Pot Lights

  • 4-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

501 Adelaide Street W 1205, Toronto, ON M5V 1T4 · Near Adelaide and Brant

Monthly cost

Estimated monthly cost

$3,305/mo

Mortgage
$2,431
Property tax
$313
Maintenance
$561
Down payment$109,800 · 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

$127,071

$109,800 down + $17,271 to $18,521 in closing costs

Ontario land transfer tax
$7,455
Toronto land transfer tax
$7,455
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$185
Condo fee adjustment
$326

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 Kingly

10

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.

$549,000

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