502 - 501 Adelaide Street W

Welcome to the exquisite apartment for sale in Toronto , located at 501 Adelaide Street W, Toronto. This remarkable property is situated in the vibrant Waterfront Communities C1 area, an ideal location that seamlessly blends design, lifestyle, and convenience. The apartment is part of Kingly, a modern boutique building that epitomises contemporary living in the heart of King West.

This rarely offered corner suite boasts an impressive 924 square feet of bright and functional living space, making it a perfect choice for those seeking a stylish urban retreat. The apartment features two well-appointed bedrooms and two bathrooms, providing ample accommodation for individuals or small families. The layout is intelligently designed with a smart split configuration, ensuring privacy and comfort for all residents. The apartment for sale in Toronto is unfurnished, allowing you the freedom to personalise the space to your taste.

As you enter the apartment, you are greeted by floor-to-ceiling windows that flood the living areas with natural light, creating an inviting atmosphere. The sleek kitchen is a culinary delight, equipped with full-sized appliances and an extended centre island that serves as a focal point for both cooking and entertaining. This space flows effortlessly into the separate living and dining areas, perfect for hosting gatherings or enjoying quiet evenings at home. The apartment also features a functional balcony that offers clear views and a stunning backdrop of the CN Tower, making it an ideal spot for relaxation or morning coffee.

The amenities within the building are truly exceptional. Residents of this apartment for sale in Toronto can enjoy a rooftop BBQ area, which is perfect for socialising with friends and family while taking in the breathtaking views of the city skyline. For those who work from home or need a quiet space to focus, the building provides designated workspaces that cater to various needs. Additionally, a well-equipped gym is available for fitness enthusiasts, ensuring that you can maintain an active lifestyle without leaving the comfort of your home. The 24/7 concierge service adds an extra layer of convenience, providing assistance and security at all hours.

Parking is a significant advantage of this apartment, with one underground garage space allocated to the suite, ensuring that you will never have to worry about finding a parking spot in the bustling city. The absence of a pool, fireplace, and central vacuum system does not detract from the overall appeal of this property, as the focus remains on the modern design and functional living spaces.

The location of 501 Adelaide Street W, Toronto, places you just steps away from the future Waterworks Food Hall, which promises to be a culinary hotspot in the area. King West is renowned for its vibrant dining and nightlife scene, making it an ideal neighbourhood for those who enjoy an active social life. The community is well-connected, offering easy access to public transport and major roadways, ensuring that you can explore all that Toronto has to offer.

In summary, this apartment for sale in Toronto at 501 Adelaide Street W, Toronto, is a unique opportunity to own a piece of modern living in one of the city's most sought-after locations. With its bright and functional layout, premium amenities, and proximity to the best dining and nightlife, this property is not to be missed. Whether you are a first-time buyer or looking to invest in a prime location, this apartment is sure to meet your needs and exceed your expectations. Don't miss your chance to make this exceptional apartment your new home.

Waterfront Communities C1 is a vibrant and dynamic area located along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This neighbourhood is characterised by its stunning waterfront parks, modern residential developments, and a bustling atmosphere filled with shops, restaurants, and cultural attractions. Residents can enjoy picturesque views of the lake, access to recreational activities such as cycling and walking along the waterfront trail, and proximity to major attractions like the Harbourfront Centre and the Toronto Islands. With excellent public transport links and a diverse community, Waterfront Communities C1 provides an ideal setting for those seeking a lively urban lifestyle enriched by the tranquillity of lakeside living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of grade levels and educational preferences. Within just 0.3 km, you will find ALPHA Alternative Junior School and St. Mary Catholic School, both offering programs from Junior Kindergarten to Grade 6, with St. Mary also providing French language instruction. For older students, the Downtown Vocal Music Academy and Ryerson Community School, located 0.7 km away, serve Grades 4 to 8 and JK to 8 respectively, with Ryerson offering a French immersion program and a commendable school rating of 3.8. Additionally, Kapapamahchakwew - Wandering Spirit School, situated 2.0 km from the property, accommodates Grades 9 to 12. For those seeking a Catholic education, St. Mary Catholic School (Grades JK to 8) and St. Joseph's College School (Grades 9 to 12) are available, with St. Joseph's boasting a strong rating of 7.6. This diverse selection of schools, including both public and Catholic options, ensures that families have access to quality education within a short distance from their new home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant and diverse community with a population of 4,877 residents as of 2021. The average household size is relatively small at 1.4 individuals, with a predominant average age of 34.3 years, indicating a youthful population. The average household income is notably high at $162,800, although 11.4% of the population is classified as low-income. The housing market is characterized by an average price of $943,000, with a significant majority of residents (54.01%) being renters, and a remarkable 95.04% of the housing stock consisting of condominiums. Socially, the area has a high percentage of singles, accounting for 58.99% of the population, and only 16.75% of households have children. The community is also diverse, with 27.95% of residents being immigrants. Educational attainment is impressive, with 88.71% of the population holding a college or university degree, while 10.22% are not participating in the labor force. This demographic snapshot highlights a well-educated, predominantly single, and youthful community, making it an attractive area for potential residents and investors alike.