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Condo ApartmentListed 1 day ago

$574,999

525 Adelaide Street W 1623, Toronto, ON M5V 0N7

Waterfront Communities C1 · Toronto · M5V 0N7

Listing brokerage: RIGHT AT HOME REALTY

Beds
2
Baths
2
Sq ft
600–699
Parking
1
Virtual tour

Monthly costs

Maintenance

$507/mo

$0.78 per sq ft

Property taxes

$258/mo

$3,100 a year (2026)

About $765 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Air conditioning
  • Covered: Parking
  • Covered: Building Insurance
  • Covered: Common Elements
  • 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
Open
Laundry
Ensuite
Possession
Immediate

The building

Musee

525 Adelaide St W · King West

  • 6 for sale
  • 6 for rent
  • 17 floors

About this home

Love the energy of King West but still want a quiet place to come home to? This bright 1 bedroom + Den (currently being used as a second 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), Flooring (2025) Paint (2025) , Stove (2024) 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, cafes and shops, plus Trinity Bellwoods, the waterfront, transit, and the future Ontario Line. Quiet when you want it, King West when you don't.

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

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
5
Size
600-699 sq ft

Features

  • Other

Building & Amenities

Elevator
Yes
Floor
13
Property management
First Service - 416-551-1605

Amenities

  • Concierge
  • Exercise Room
  • Guest Suites
  • Outdoor Pool
  • Party Room/Meeting Room

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Exterior & Lot

Style
Apartment
Exterior
Brick Front

Taxes & Fees

HST
Included In

Listing

MLS® number
C14031316
Type
Condo Apartment
Transaction
For Sale
Cross streets
Adelaide / Bathurst
Neighbourhood
Waterfront Communities C1
Rooms · 7Kitchen, Dining Room, Living Room, Primary Bedroom, Bedroom, Washroom ×2
  • Kitchen

    Main

    3.94 × 3.04 m · 12′11″ × 10′0″

    Modern Kitchen, Granite Counters, Stainless Steel Appl, Kitchen

  • Dining Room

    Main

    3.24 × 3.02 m · 10′8″ × 9′11″

    Combined w/Kitchen, Laminate, Dining Room

  • Living Room

    Main

    3.24 × 3.02 m · 10′8″ × 9′11″

    W/O To Balcony, Laminate, Living Room

  • Primary Bedroom

    Main

    3.33 × 2.88 m · 10′11″ × 9′5″

    Laminate, 4 Pc Ensuite, Closet, Primary Bedroom

  • Bedroom

    Main

    2.32 × 2.45 m · 7′7″ × 8′0″

    Laminate, Closet, Bedroom

  • 4-piece washroom

    Flat

  • 3-piece washroom

    Flat

History

Past listings and sales for this home and building.

Location

525 Adelaide Street W 1623, Toronto, ON M5V 0N7 · Near Adelaide / Bathurst

Monthly cost

Estimated monthly cost

$3,311/mo

Mortgage
$2,546
Property tax
$258
Maintenance
$507
Down payment$115,000 · 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

$133,247

$115,000 down + $18,247 to $19,497 in closing costs

Ontario land transfer tax
$7,975
Toronto land transfer tax
$7,975
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$153
Condo fee adjustment
$294

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

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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.

$574,999

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