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1 / 0
New4 hours ago

1020 - 525 Adelaide Street W

Waterfront Communities C1, Toronto

$539,900

Condo Apartment |
1 + 1 | 1 | 1 | 1
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. Offers reviewed on Sept 23, 2026 at 5 pm. *For Additional Property Details Click The Brochure Icon Below*

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$453
LockerOwned
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,770
mls© NumberC13795142
Listed ByICI SOURCE REAL ASSET SERVICES INC.
Heat Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,763
Property tax
$231
Heat allowance
$150
Condo fees, half counted
$226
Housing costs
$3,371 / mo

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

Down payment20% · $107,980
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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