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    1027 - 525 Adelaide St W

    For RentMusée
    $2,699/mth
    1 Bed + 1
    1 Bath
    1 Parking
    601 SQFT
    20 Days on Strata
    Est Lease Timeframe
    5 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Quartz Counter, Undermount Sink
    23.07 x 10.7ft
    Dining
    Laminate, Open Concept, Combined with Kitchen
    23.07 x 10.7ft
    Living
    Large Window, Walkout To Balcony, Laminate
    23.07 x 10.7ft

    About this Listing

    Nestled between the vibrant & sophisticated King Street West, fashionable Queen West, & the rich diversity of Chinatown & Kensington Market, Musee offers a cosmopolitan community in one of the best locations in the urban core. Rest easy in this bright and airy open-plan living space. 1 Bedroom + Den (Den could be used as a 2nd Bedroom, personal Gym or quiet Office). Wide plank flooring, ensuite Laundry, great storage ensuite or in your private Locker, floor to ceiling windows and smart layout! Every corner offers a new adventure- Waterworks Foodhall, Stakt Market, Restos, Bars, Sports, Theatre, Galleries, Shopping & Lifestyle Amenities are outside your door. Looking to travel- TTC, Island Airport and Hwys are easily accessible. This unit is Pristine! Very clean and well cared for! Parking & Locker INCLUDED!

    ExtrasParking & Locker included. 24 hour concierge service, gym, guest suites, hot tub, lounge, party room, sauna, rooftop bbq, outdoor pool. The Unit is in lovely condition. Ready to move in!

    keller williams portfolio realtyMLS® #C9270505


    Amenities

    Party Room
    Rooftop Deck
    Games Room
    Visitor Parking
    Gym Room
    BBQ

    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%

    Maintenance Fees

    Musée vs The King West Area

    Days on Strata

    Units at Musée spend an average of
    22
    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
    5.3
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 103 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    60
    Units were Rented over the past twelve months

    Best Value Rank

    Musée offers the
    ?
    best value out of 103 condos in the King West neighbourhood

    Appreciation Rank

    Musée has the
    ?
    highest ROI out of 103 condos in the King West neighbourhood

    Rental Yield

    Musée yields the
    ?
    highest rent prices out of 103 condos in the King West neighbourhood

    High Demand

    Musée is the
    ?
    most popular building out of 103 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$799,000No Data$975,000 - $976,000No Data
    Avg. Cost Per Sqft$1,346$1,119$1,065No Data$991No Data
    Avg. Wait for Unit Availability71 Days40 Days68 DaysNo Data168 Days806 Days
    Ratio of Units in Building14%54%26%1%8%1%

    Transactions vs Inventory

    Total number of units listed and leased in King West