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New2 hours ago

1623 - 525 Adelaide Street W

Waterfront Communities C1, Toronto

$649,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Love the energy of King West but still want a quiet place to come home to? This bright 2-bedroom, 2-bathroom condo delivers the best of both worlds-tucked into a peaceful pocket with park views, yet just steps from King Street.The smart, functional layout offers no wasted space, with an open-concept living area, quartz countertops, full-size stainless steel appliances, and plenty of room to entertain. The spacious primary bedroom features a private ensuite, while the second bedroom is ideal for guests or a home office.Recent updates include updated lighting (2026), a new kitchen backsplash (2025), full-size washer and dryer, mirrored closet doors, and a newer oven.Enjoy parking and a locker, low maintenance fees, and impressive amenities including an indoor pool, gym, party and media rooms, saunas, steam room, and rooftop terrace with BBQs.Steps to some of Toronto's best restaurants, cafés and shops, plus Trinity Bellwoods, the waterfront, transit, and the future Ontario Line. Quiet when you want it, King West when you don't.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$507
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,047
mls© NumberC13716938
Listed ByRIGHT AT HOME REALTY
Heat Included
CAC Included
Building Insurance Included
Parking Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$254
Housing costs
$3,984 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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