290 ADELAIDE Street Unit 3004, Toronto C01

Price: $799,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13643074

Welcome to The Bond Condominium! This is where modern luxury meets the vibrant energy of Toronto's Entertainment District. Perched on the 30th floor, this beautifully spacious, light filled 2-bedroom corner suite offers 773 sq. ft. of interior living space plus an open North West balcony, showcasing breathtaking unobstructed city views! With floor-to-ceiling windows and corner layouts in the living room AND primary bedroom -- there is no shortage of natural light in this suite! Thoughtful upgrades include automatic blinds, custom closets, and a designer kitchen featuring a custom kitchen island with abundant storage, this suite is ideal for both everyday living and entertaining. Residents enjoy exceptional amenities including a rooftop pool, hot tub, fitness retreat, yoga studio, golf simulator, party rooms, and 24-hour concierge, all just steps from King West, the Financial District, world-class dining, theatres, the PATH, TTC, and Toronto's most iconic attractions. Complete with 1 parking space and 1 locker!

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$799,000 - 290 ADELAIDE Street Unit 3004, Downtown Toronto

Condo for Sale in Downtown Toronto

Neighbourhood: Waterfront Communities C1

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13643074
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
PROMPTON REAL ESTATE SERVICES CORP.
Description

Welcome to The Bond Condominium! This is where modern luxury meets the vibrant energy of Toronto's Entertainment District. Perched on the 30th floor, this beautifully spacious, light filled 2-bedroom corner suite offers 773 sq. ft. of interior living space plus an open North West balcony, showcasing breathtaking unobstructed city views! With floor-to-ceiling windows and corner layouts in the living room AND primary bedroom -- there is no shortage of natural light in this suite! Thoughtful upgrades include automatic blinds, custom closets, and a designer kitchen featuring a custom kitchen island with abundant storage, this suite is ideal for both everyday living and entertaining. Residents enjoy exceptional amenities including a rooftop pool, hot tub, fitness retreat, yoga studio, golf simulator, party rooms, and 24-hour concierge, all just steps from King West, the Financial District, world-class dining, theatres, the PATH, TTC, and Toronto's most iconic attractions. Complete with 1 parking space and 1 locker!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Waterfront Communities C1

Discover Waterfront Communities C1

Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Waterfront Communities C1

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

290 ADELAIDE Street Unit 3004, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,013

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1141/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Waterfront Communities C1

I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    290 ADELAIDE Street Unit 3004 | $799,000 | Battaglia Team