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    Toronto / Downtown / King West

    408 - 501 Adelaide St W

    For RentKingly Condos
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    600 SQFT
    3 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Juliet Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, West View
    12.11 x 22.11ft
    Dining
    Laminate, Combined with Living, Juliette Balcony
    12.11 x 22.11ft
    Kitchen
    Laminate, Modern Kitchen, Centre Island
    12.11 x 22.11ft

    About this Listing

    Welcome to Kingly Residences, a boutique building in the heart of King West! This spacious, well-laid-out 1 bedroom suite features a large bedroom with floor-to-ceiling windows, a modern European kitchen with integrated appliances, a sleek, upgraded island, and plenty of space for entertaining. Stylish laminate flooring runs throughout, enhancing the contemporary design. The unit includes a 4 piece bathroom with a luxurious soaker tub, creating a cozy, peaceful retreat. State-of-the-art amenities include a co-working space and gym just steps away. Ideally located near Toronto's finest restaurants, trendy lounges, nightlife, coffee shops, and the iconic waterfront, with the King Streetcar right outside your door.

    ExtrasIntegrated Stainless Steel Fridge, Stove, Dishwasher, Range Hood; Stacked Washer And Dryer. Upgraded Lighting Fixtures, Existing Window Coverings. Upgraded Breakfast Bar.

    living realty inc.MLS® #C11909910

    Amenities

    Visitor Parking
    Party Room
    Media Room
    Bike Storage
    Concierge
    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
    55
    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 an
    AVERAGE
    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

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    38th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    16
    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 - $1,300,000$960,000 - $1,875,000
    Avg. Cost Per Sqft$1,091No Data$1,159$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