Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

461 Adelaide Street W 434, Toronto, ON M5V 0L6

2 beds · 1 bath · 1 kitchen · 5 rooms · 1 parking space · 800-899 sq ft · Locker · Laundry in unit · Condo Apartment
$810,000

Utilities includedCentral Air Conditioning · Heat · Water

Also includedBuilding Insurance · Common Elements · Parking

Maintenance fee
$825 / month
Property tax
$4,004 / year
Included in the fee
Building Insurance, Common Elements, CAC, Heat, Parking, Water

Stylish and functional two bedroom residence in the heart of King West, offering the perfect balance of comfort and convenience. This thoughtfully designed suite features a well laid out floor plan with open concept living and dining space, ideal for both everyday living and entertaining. The newly custom renovated kitchen is a true highlight, showcasing upgraded finishes, quality cabinetry, and enhanced functionality for modern living. It flows seamlessly into the main living area, creating a bright and inviting atmosphere. Exceptionally unique in design, this unit has only one shared wall and enjoys both south and north facing windows, allowing for excellent cross ventilation and an abundance of natural light throughout the day. Two well proportioned bedrooms provide flexibility for professionals, couples, or those seeking a dedicated home office. A beautifully finished full bathroom completes the space. Overlooking St. Andrew's park with off-leash dog area and playground. Parking and locker are included, a rare and valuable offering in this highly sought after downtown location. Residents enjoy access to impressive building amenities in a quiet building. Steps to acclaimed restaurants, cafes, boutique shopping, transit, and vibrant nightlife, this residence delivers an exceptional urban lifestyle in one of Toronto's most dynamic neighbourhoods. An outstanding opportunity for end users seeking something truly distinctive in the city core.

MLS number
C13736218
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
M5V 0L6
Photos
24
Locker
Yes — Owned (level C)
Laundry
In the unit — In-Suite Laundry
Included in the fee
Building Insurance, Common Elements, CAC, Heat, Parking, Water
11days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Ryerson Community School
Elementary · Regular Track
TDSB boundary
Harbord Collegiate Institute8.5 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
ALPHA Alternative Junior School
Toronto DSB
Elementary114 mNot reported
Oasis Alternative Secondary School
Toronto DSB
Secondary123 mNot reported
Connect International SchoolSecondary286 mNot reported
Apex AcademySecondary273 mNot reported
St Mary Catholic School
Toronto CDSB
Elementary418 m6.5 / 10
65% met the standard
Ogden Junior Public School
Toronto DSB
Elementary572 m6.9 / 10
69% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Waterfront Communities C12,423 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$586k$700k$814k20252026this home’s asking price
$590klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d32d20252026
25dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in waterfront communities c1. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 4,877 people.

$99,000Median household income
45.8%Own their home
0%Detached houses
32.4Median age
28%Born outside Canada
76.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204894 — the few blocks around this address, home to 4,877 people. It describes the area, not this property.

4,877Population
34.3Average age
1.4Household size
$162,800Average household income
$99,000Median household income
46%Own their home
54%Rent
95%Condominiums
28%Born outside Canada
77%University degree
$943,000Average home value
11%Low income
11%Not in the labour force
52%Never married
Under $5,0002%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over33%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over12%

Percentages are of the 5,060 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$162,000 · minimum here is $56,000
$3,586.50per month
Borrowed before insurance$648,000
Total borrowed$648,000
Interest over 25 years at 4.5%$427,951

If you rented it out

-$4,745.17per month out of pocket
Rent$0.00
Everything it costs to hold$4,745.17
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

495 KING ST W414 m
Under Review · applied May 14, 2025

Draft Plan of Standard Condominium for 439 units.

City planning file →
8 CAMDEN ST229 m
Under Review · applied September 1, 2023

Site Plan Application to permit a 19-storey mixed use building with retail space on the ground floor and 200 residential units above.

City planning file →
35 CAMDEN ST185 m
Under Review · applied August 10, 2023

Site plan control resubmission for a 18-storey (57.85m including mechanical penthouse) mixed-use building with retail space on the ground floor and 255 residential units above at 35-47 Camden Street.

City planning file →
443 QUEEN ST W236 m
Under Review · applied April 27, 2023

Queen-Spadina Ontario Line

City planning file →
663 KING ST W495 m
Under Review · applied April 26, 2023

Ontario Line King-Bathurst

City planning file →
457 RICHMOND ST W157 m
Under Review · applied February 1, 2023

Site Plan Control application to facilitate the development of a 19-storey mixed use building with a height of 57 metres, 140 residential units and 107 square metres of non-residential GFA.…

City planning file →
450 RICHMOND ST W171 m
Under Review · applied December 29, 2022

Site Plan Approval application for a proposed 19-storey mixed-use building comprised of 117 residential dwelling units, 339 square metres of retail space on the ground floor.

City planning file →
578 KING ST W322 m
NOAC Issued · applied December 23, 2022

Proposal for a 9-storey non-residential building (36.4 metres, exclusive of the mechanical penthouse), comprised of approximately 4,665 square metres of office uses with commercial uses on the lower levels.…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by CHESTNUT PARK REAL ESTATE LIMITED. Listing data provided by the Toronto Regional Real Estate Board.