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    Toronto / Downtown / King West

    1022 - 525 Adelaide St W

    For SaleMusée
    $699,900
    Price Cut: $749,900
    1 Bed + 1
    2 Bath
    0 Parking
    650 SQFT
    65 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $418/mth
    Taxes:
    $2,883 (2024)
    Cost Per Sqft:
    $1,077/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    East
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Terrace, Large Window
    23.59 x 10.01ft
    Dining
    Laminate, Combined with Kitchen, Open Concept
    23.59 x 1.15ft
    Kitchen
    Combined with Dining, Open Concept, Stainless Steel Appliances
    23.59 x 10.01ft

    About this Listing

    Luxury Living At Musee In Prime King West! High Ceiling With Terrace. The Den Is Enclosed With Door To Be Used As A 2nd Bedroom. Sleek white kitchen cabinets, stainless steel appliances, neutral wide plank flooring in excellent condition! And low condo fees make this an attractive buy. Located in the heart of the fashion district & King West neighbourhood, with amazing amenities in Downtown Toronto. Steps from many restaurants, shops, nightlife, financial district, theatres, University of Toronto, and 501, 504, 510, & 511 streetcars stops.

    Extras1 Locker, Stainless steel appl: fridge, washer & dryer! All light fixtures & window coverings, 24 Hr concierge, gym, pool, bike locker, sauna, media room, party rooms, rooftop terrace, guest suite!

    first class realty inc.MLS® #C9269174

    Amenities

    Guest Suites
    Rooftop Deck
    Visitor Parking
    Sauna
    Games Room
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    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

    Musée vs The King West Area

    Building Trends At Musée

    Days on Strata

    Units at Musée spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    5.4
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    59
    Units were Rented over the past twelve months

    Best Value Rank

    Musée offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Musée has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Musée yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Musée is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 525 Adelaide Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$647,000$643,500 - $780,000$725,000No Data$975,000 - $976,000No Data
    Avg. Cost Per Sqft$1,346$1,119$1,012No Data$991No Data
    Avg. Wait for Unit Availability71 Days40 Days77 DaysNo Data168 Days806 Days
    Ratio of Units in Building14%54%26%1%8%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West