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501 Adelaide Street W 305

Waterfront Communities C1, Toronto, M5V 1T4 · More in this building

$4,800/mo

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  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
  • 1000-1199 sq ft

Listed 13 days ago · MLS® C13870896

About this home

Stunning 2-bed, 2-bath and 2 terrace, corner end unit with total 1160sq ft + massive 368 square foot private terrace/w water & gas line for all your outdoor entertaining needs. Truly one of a kind for Downtown Toronto. This unit has 2 terraces - first terrace is the large outdoor terrace connected to the living room and a second private terrace connected to the master bedroom on the other side of the unit and building. This gorgeous unit boasts an open concept layout with high ceilings and large windows that flood the space with natural light. The modern kitchen features stainless steel appliances, fully paneled sleek cabinetry, and a large island that is perfect for preparing meals or hosting guests. The primary bedroom has a walk in closet, en-suite bath, and another separate private balcony. The second bedroom is also generously sized and offers plenty of natural light and plenty of closet space. Step outside onto your massive private terrace with ample space for outdoor furniture, a BBQ and even a small garden, as this terrace is an ideal spot for hosting gatherings. Located in the heart of highly sought after King West, the unit is steps away from the city's best restaurants, shops, bars and entertainment options. Easy access to public transportation and you'll be able to explore all that Toronto has to offer!

Details

Type
Condo Apartment
Style
Apartment
Size
1000-1199 sq ft
Basement
None
Garage
Underground
Kitchens
1
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01
Rent increase limit
Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece (main), 1 × 3-piece (main)
Rooms
6 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite, In-Suite Laundry, Laundry Closet
Features
Auto Garage Door Remote, Built-In Oven, Carpet Free, Countertop Range, Primary Bedroom - Main Floor, Storage, Storage Area Lockers, Trash Compactor, Water Heater
Furnished
Unfurnished

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick, Concrete

Parking

Garage spaces
1
Total parking
1

Condo

Amenities
Bike Storage, Community BBQ, Exercise Room, Game Room, Gym, Party Room/Meeting Room
Locker
Owned (level C)
Balcony
Terrace
Exposure
East West
Pets
Yes-with Restrictions
Security
Carbon Monoxide Detectors, Security Guard, Concierge/Security, Smoke Detector
Property manager
City Sites Property Management

Rental terms

Rent includes
Building Insurance, Building Maintenance, Common Elements, Grounds Maintenance, Exterior Maintenance, Recreation Facility, Snow Removal

More

Possession
Nov 1st or later
Nearby
Clear View, Hospital, Library, Park, Public Transit, School
Cross street
King W / Portland St

Rooms

RoomLevelSizeFeatures
Dining RoomMain3.35 × 2.43 m (11' × 8')Laminate, Open Concept, Combined w/Kitchen
Living RoomMain5.18 × 3.96 m (17' × 13')Laminate, Open Concept, W/O To Terrace
KitchenMain3.35 × 2.75 m (11' × 9')Laminate, Open Concept, Centre Island
Primary BedroomMain3.05 × 2.75 m (10' × 9')3 Pc Ensuite, Walk-In Closet(s), W/O To Balcony
Bedroom 2Main5.35 × 2.62 m (17'7" × 8'7")Laminate, Large Closet, Large Window
FoyerMain6.1 × 1.48 m (20' × 4'10")Laminate, Large Closet, Pot Lights
BathroomMain2.59 × 1.5 m (8'6" × 4'11")4 Pc Bath, B/I Vanity, Ceiling Fan(s)
BathroomMain2.54 × 1.47 m (8'4" × 4'10")4 Pc Ensuite, B/I Vanity, Walk-In Closet(s)

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Osgoode Subway1.3 km
  • 🚇 St. Andrew Subway1.3 km
  • 🚆 Toronto Union Station GO1.7 km

Within a 10-minute walk: 18 grocery stores, 351 cafés and restaurants, 18 parks, 22 pharmacies. Nearest grocery: Loblaws (200 m). Nearest park: Adelaide Place Parkette (100 m).

Schools nearby

Elementary

  • ALPHA Alternative Junior School4 min walk
  • St. Mary Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 38%    4 min walk
  • Niagara Street Junior Public School
    EQAO: Gr 6 reading 100%, math 84%    9 min walk
  • Ryerson Community School
    EQAO: Gr 6 reading 65%, math 26%    10 min walk

Secondary

  • Oasis Alternative Secondary School4 min walk
  • Downtown Vocal Music Academy of Toronto Private10 min walk
  • City School
    EQAO: literacy test 58%    18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 41 active

  • 689 KING ST W · 300 m
    Official Plan / Zoning By-law Amendment · Application Received · applied 2026
    Proposed 30-storey mixed-use development, comprised of hotel uses on the first 13-storeys, including a restaurant and 251 hotel suites, and residential uses…
    Application details
  • 150 QUEENS WHARF RD · 450 m
    Site Plan · Application Received · applied 2026
    The 2025 Proposal is a 37-storey tower with a total of 268 units and ~350m2 of ground floor non-residential GFA. Of the 268 units, over 50% of the units are…
    Application details
  • 539 KING ST W · 250 m
    Plan of Condominium · Under Review · applied 2025
    Draft Plan of Standard Condominium for 439 units.
    Application details
  • 451 ADELAIDE ST W · 150 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2025
    Zoning By-law Amendment for a 17-storey (59.65m including mechanical penthouse) hotel containing 144 suites.
    Application details
  • 71 PORTLAND ST · 250 m
    Site Plan · Under Review · applied 2024
    Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.
    Application details
  • 71 PORTLAND ST · 250 m
    Site Plan · Under Review · applied 2024
    Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
    Application details

53 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 King West GO Transit200 m
  • 🚧 Chinatown 550 m
  • 🚧 Osgoode 1.3 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CRE

Commercial Residential Employment (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Protected

This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2024). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.

Heritage Register entry

Building permits

  • Demolition · 2016 · Closed
    Proposal to demolish existing vacant residential building on the lands (Convenience address is 503 Adelaide St W). Refer to related…

8 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

29 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REMAX YOUR COMMUNITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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