Condo for sale at 1216-525 Adelaide Street, Toronto, Waterfront Communities C1, M5V 0N7 - MLS: C12193246

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1216-525 Adelaide Street

Toronto, Ontario, M5V 0N7

$989,000

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Neighbourhood

Waterfront Communities C1
Major Intersection

Bathurst/Adelaide

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

3
Bathrooms

2
Square Feet

1000-1199
Exposure

South East
Total Parking

1 Underground Garage
Maintenance

$648
Taxes

$3,977.00 (2024)
Balcony

Open

Property description for 1216-525 Adelaide Street, Toronto, Waterfront Communities C1, M5V 0N7

Welcome to Suite 1216 at Musee, a spacious 3 bedroom, 2 bath corner unit in the heart of King West. The southeast exposure and floor to ceiling windows provide plenty of natural light in this tastefully decorated space with high end finishes and custom blinds throughout. All bedrooms benefit from large custom closets providing plenty of storage space. Conveniently located near the entertainment, financial, and fashion districts with the TTC streetcar steps away and the future Ontario Subway Line just one block south. Enjoy trendy restaurants, shops, parks, grocery stores, schools and daycares all nearby. Benefit from exceptional amenities in a well managed building with minimal maintenance fees. Amenities include 24 hour concierge, gym, sauna, theatre room, rooftop oasis with barbeques and pizza ovens, party rooms, multiple guest suites, and an amazing outdoor pool and hot tub area all in one prime location. Oversized locker located behind the owned parking spot.

Listed by RE/MAX ALL-STARS REALTY INC.

Property details

MLS #

C12193246
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

Clear, Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Guest Suites,Gym,Outdoor Pool,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

n/a
Property Management

First Service Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12193246
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

Clear, Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Guest Suites,Gym,Outdoor Pool,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

n/a
Property Management

First Service Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

6.55 x 4.42 ft Main level

Combined W/Dining, Combined W/Living
Primary

3.23 x 2.77 ft Main level
2nd Br

3.2 x 2.56 ft Main level
3rd Br

2.53 x 2.77 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 1216-525 Adelaide Street, Toronto, Waterfront Communities C1, M5V 0N7

This property has been sold 2 times before.

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Local Real Estate Price Trends

Active listings

941

Average Selling Price of a Condo Apt

May 2025

$806,188

Last 3 Months

$816,320

Last 12 Months

$786,673

May 2024

$775,808

Last 3 Months LY

$783,379

Last 12 Months LY

$780,257

Change

-4%

Change

-4%

Change

-1%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$818,986

Average Selling Price

5 years ago

$788,606

Average Selling Price

10 years ago

$469,549

Change

-2%

Change

-42%

Number of Condo Apt Sold

May 2025

101

Last 3 Months

108

Last 12 Months

109

May 2024

147

Last 3 Months LY

157

Last 12 Months LY

124

Change

46%

Change

45%

Change

14%

How many days Condo Apt takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-24%

Change

-18%

Change

-20%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.