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New2 hours ago

1205 - 501 Adelaide Street W

Waterfront Communities C1, Toronto

$549,000

Condo Apartment |
1 + 1 | 1 | 0 | 1
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.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$561
LockerOwned
BalconyJuliette
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,760
mls© NumberC13703706
Listed ByPSR
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,810
Property tax
$313
Heat allowance
$150
Condo fees, half counted
$280
Housing costs
$3,554 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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