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    Toronto / Downtown / King West

    616 - 525 Adelaide St W

    For RentMusée
    $3,000/mth
    2 Beds + 1
    2 Bath
    1 Parking
    625 SQFT
    11 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    March 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Laundry:
    In Area
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Parking
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    This Southeast Facing Must See Luxury Condo Offers: Excellent Location - Steps To City Landmarks, Public Transits, Various Shops,Restaurants And Lost Of Fun Places; Security And Lifestyle - 24 Hours Concierge, Party Room, Theater Room And Outdoor Pool, RooftopDeck/Garden; Two Bright Bedrooms, Two Full Washrooms, Den With Big Windows As Extra Bedroom Or Office(2.85Mx2.94M); No Carpet In This Unit;Spacious Locker And Underground Parking.

    ipro realty ltd.MLS® #C11932865

    Amenities

    Concierge
    Sauna
    Outdoor Pool
    Party Room
    Indoor Parking
    Games Room

    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
    17
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    53
    Units were Rented over the past twelve months

    Best Value Rank

    Musée offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Musée has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Musée yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Musée is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 525 Adelaide Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$625,000 - $780,000No DataNo Data$975,000 - $976,000No Data
    Avg. Cost Per SqftNo Data$1,082No DataNo Data$999No Data
    Avg. Wait for Unit Availability71 Days41 Days70 DaysNo Data168 Days806 Days
    Ratio of Units in Building14%53%26%1%8%1%

    Transactions vs Inventory

    Total number of units listed and leased in King West