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Condo ApartmentListed 28 days ago

$564,900

525 Adelaide Street W 1020, Toronto, ON M5V 0N7

Waterfront Communities C1 · Toronto · M5V 0N7

Listing brokerage: ICI SOURCE REAL ASSET SERVICES INC.

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

Monthly costs

Maintenance

$453/mo

$0.70 per sq ft

Property taxes

$231/mo

$2,770 a year (2026)

About $684 a month in fees and taxes, before the mortgage.

The fee covers

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

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
East
Parking
1 spot · Underground
Locker
Owned
Balcony
Terrace
Laundry
Ensuite
Possession
Jan 10, 2027

The building

Musee

525 Adelaide St W · King West

  • 6 for sale
  • 6 for rent
  • 17 floors

About this home

Welcome to Musée Condos in the heart of King West and Toronto's Fashion District, an exceptional opportunity for both end-users and investors. This beautifully designed 1 BEDROOM + PLUS 1 DEN offers approx. 601 sq. ft. of bright, functional living space with an east-facing terrace, owned underground parking and an oversized owned locker, rare and valuable features in the downtown core. The open-concept layout features a sleek modern kitchen with quartz countertops, full-size stainless-steel appliances, built-in microwave and generous cabinetry, flowing seamlessly into the living area. The separate den provides valuable flexibility as a home office, study or guest space. Enjoy beautiful morning light from the east exposure without the intense late-day heat of west-facing suites. Step outside to acclaimed restaurants, cafés, boutique shopping, nightlife, transit and the Waterfront, with Rogers Centre, Scotiabank Arena and Toronto's top entertainment destinations minutes away. Near the future subway stop at King & Bathurst, the location also offers excellent long-term connectivity and appeal. Musée residents enjoy resort-inspired amenities including 24-hour concierge, fitness centre, outdoor pool, rooftop terrace, hot tubs, party room and guest suites. Tenant vacating; vacant possession available January 10, 2027. Move in and make King West your own, or secure a well-positioned downtown investment with the freedom to select your own tenant. *For Additional Property Details Click The Brochure Icon Below*

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

Interior

Bedrooms
1 + Den
Bathrooms
1
Kitchens
1
Rooms
3
Size
600-699 sq ft

Features

  • Auto Garage Door Remote
  • Built-In Oven
  • Countertop Range

Building & Amenities

Floor
9
Property management
FirstService Residential

Amenities

  • Concierge
  • Exercise Room
  • Gym
  • Outdoor Pool
  • Party Room/Meeting Room
  • Rooftop Deck/Garden

Heating & Cooling

Heating
Heat Pump
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Features

  • Underground

Exterior & Lot

Style
Apartment
Exterior
Other

Taxes & Fees

HST
Not Subject to HST

Listing

MLS® number
C13795142
Type
Condo Apartment
Transaction
For Sale
Original price
$539,900
Neighbourhood
Waterfront Communities C1
Cross streets
Bathurst St & Adelaide St W
Rooms · 6Foyer, Den, Family Room, Kitchen, Bedroom, Washroom
  • Foyer

    Main

    1.13 × 3.12 m · 3′9″ × 10′3″

  • Den

    Main

    2.09 × 1.99 m · 6′10″ × 6′6″

  • Family Room

    Main

    2.90 × 2.58 m · 9′6″ × 8′6″

  • Kitchen

    Main

    2.57 × 5.46 m · 8′5″ × 17′11″

  • Bedroom

    Main

    2.60 × 3.06 m · 8′6″ × 10′0″

  • 3-piece washroom

History

Past listings and sales for this home and building.

Location

525 Adelaide Street W 1020, Toronto, ON M5V 0N7 · Near Bathurst St & Adelaide St W

Monthly cost

Estimated monthly cost

$3,185/mo

Mortgage
$2,501
Property tax
$231
Maintenance
$453
Down payment$112,980 · 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

$130,776

$112,980 down + $17,796 to $19,046 in closing costs

Ontario land transfer tax
$7,773
Toronto land transfer tax
$7,773
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$137
Condo fee adjustment
$263

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 Musee

12

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.

$564,900

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