290 Adelaide Street Unit 2709, Toronto C01

Price: $429,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13028580

Stylish 1-bedroom suite at 290 Adelaide Street in the heart of downtown Toronto. This bright unit features a spacious balcony, floor-to-ceiling windows, and modern built-in appliances, all within a functional open-concept layout. The east-facing exposure brings in beautiful morning light, creating a warm and inviting living space.Located just steps from the Fashion District and Financial District, with easy access to top restaurants, the AGO, TIFF, and more. Convenient transit options nearby include the Spadina and King streetcars, as well as Line 1 at St. Andrew Station.Residents enjoy an impressive range of amenities, including a rare outdoor pool, fully equipped fitness centre, party room, golf simulator, billiards lounge, and sauna.

290 Adelaide Street Unit 2709 - Condo photo 1 of 16 in Downtown Toronto / Waterfront, Ontario
290 Adelaide Street Unit 2709 - Condo photo 2 of 16 in Downtown Toronto / Waterfront, Ontario
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290 Adelaide Street Unit 2709 - Condo photo 4 of 16 in Downtown Toronto / Waterfront, Ontario
290 Adelaide Street Unit 2709 - Condo photo 5 of 16 in Downtown Toronto / Waterfront, Ontario
290 Adelaide Street Unit 2709 - Condo photo 6 of 16 in Downtown Toronto / Waterfront, Ontario
290 Adelaide Street Unit 2709 - Condo photo 7 of 16 in Downtown Toronto / Waterfront, Ontario
290 Adelaide Street Unit 2709 - Condo photo 8 of 16 in Downtown Toronto / Waterfront, Ontario
290 Adelaide Street Unit 2709 - Condo photo 9 of 16 in Downtown Toronto / Waterfront, Ontario
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$429,000 - 290 Adelaide Street Unit 2709, Downtown Toronto

Condo for Sale in Downtown Toronto

55 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13028580
Property Type
Condo
Status
active
Days on Site
55
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
KELLER WILLIAMS EDGE REALTY
Description

Stylish 1-bedroom suite at 290 Adelaide Street in the heart of downtown Toronto. This bright unit features a spacious balcony, floor-to-ceiling windows, and modern built-in appliances, all within a functional open-concept layout. The east-facing exposure brings in beautiful morning light, creating a warm and inviting living space.Located just steps from the Fashion District and Financial District, with easy access to top restaurants, the AGO, TIFF, and more. Convenient transit options nearby include the Spadina and King streetcars, as well as Line 1 at St. Andrew Station.Residents enjoy an impressive range of amenities, including a rare outdoor pool, fully equipped fitness centre, party room, golf simulator, billiards lounge, and sauna.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

290 Adelaide Street Unit 2709, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$992

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 55 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    290 Adelaide Street Unit 2709… — $429,000 | Battaglia Team