$1,074,000 - 399 Adelaide Street Unit 806, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13232478
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
High-Design Meets King West Historic Charm. Welcome to Lofts 399-where historic vibes meet a sophisticated, high-energy lifestyle in Toronto's most vibrant neighborhood. If you've been searching for that perfect blend of "right in the action" and "private urban oasis," congratulations: you just found it. The Suite Experience Step inside a masterfully designed, light-filled sanctuary that feels worlds away from the city hustle, while being exactly where you want to be. Dramatic 10-foot exposed concrete ceilings paired with a desirable, privacy-forward split-bedroom layout. A massive, open-concept recently renovate kitchen equipped with a High End GE Cafe monogram Fridge and gas stove-perfect for hosting pre-drinks or channeling your inner chef. A south-facing balcony that catches glorious all-day sun and Pinterest-worthy sunsets. Storage For Days Say goodbye to condo clutter. This unit features oodles of storage space, including 5 custom California Closets where every single inch has been thoughtfully maximized. Lofts 399 is famous for its unique layouts and premium build quality. The suite itself overlooks a serene, ultra-quiet courtyard, giving you a peaceful retreat to unwind. An excellent 24-hour concierge team that delivers packages straight to your door. Amenities: Stay fit in the ultra-modern gym without leaving the building. The Perks: Includes an extra-large storage locker and dedicated parking! The Location: Walk To Everything You are steps away from the absolute heart of King West's best dining, nightlife, cafés, and boutique shopping, yet perfectly tucked away from the noise.The Verdict: Incredible layout, unmatched storage, premium finishes, and a vibe you can't replicate. You are going to love living here.
Estimate your monthly payments for this property
Estimated Payment
$4,750.66/mo
5-yr fixed avg.
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.
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
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.
399 Adelaide Street Unit 806, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1193/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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 900 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.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,475 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.