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    Toronto / Downtown / King West

    711 - 501 Adelaide St W

    For RentKingly Condos
    $4,790/mth
    3 Beds
    2 Bath
    1 Parking
    1,058 SQFT
    4 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    May 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Other
    Heat Source
    No Data
    Heating
    Heat Pump

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    24.08 x 14.6ft
    Dining
    Combined with Living, Laminate
    24.08 x 14.6ft
    Kitchen
    Modern Kitchen, Centre Island, Stainless Steel Appliances
    12.57 x 7.51ft

    About this Listing

    Discover upscale urban living in this stunning 3-bedroom condo at 501 Adelaide St W, located in the heart of Torontos vibrant King West neighborhood. This sophisticated residence offers a perfect blend of modern design and convenience, ideal for professionals, families, or anyone seeking a dynamic downtown lifestyle.Step inside to find a spacious, open-concept layout with high-end finishes, floor-to-ceiling windows, and abundant natural light. The sleek, modern kitchen features premium appliances, quartz countertops, and ample storage. The living and dining area seamlessly extend to a private balcony, offering breathtaking city views.The primary bedroom boasts a spa-like ensuite and generous closet space, while the additional two bedrooms provide flexibility for guests, a home office, or a growing family. Residents enjoy access to top-tier building amenities, including a fully equipped fitness center, rooftop terrace, and concierge services.Situated steps from transit, trendy restaurants, cafes, and boutique shopping, this prime location offers the ultimate convenience. Experience the best of city living in this exceptional condoschedule your private viewing today!

    homelife landmark realty inc.MLS® #C12006527

    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Media Room
    Bike Storage
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Kingly Condos vs The King West Area

    Building Trends At Kingly Condos

    Days on Strata

    Units at Kingly Condos spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    Kingly Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Kingly Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Kingly Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Kingly Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 620 King Street W

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$530,000 - $770,000No Data$943,800 - $1,075,000$960,000 - $1,875,000
    Avg. Cost Per Sqft$1,091No Data$1,122$1,072
    Avg. Wait for Unit Availability92 DaysNo Data172 Days448 Days
    Ratio of Units in Building59%3%32%8%

    Transactions vs Inventory

    Total number of units listed and leased in King West