295 Adelaide St W #316 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $499,000. It has 600-699 sq ft of living space.
1Live in the Heart of the Entertainment District!
2Step into this beautifully renovated and spacious 1-bedroom + den condo, perfectly designed for modern city living.
3Sunlight pours over sleek laminate floors and freshly painted walls, highlighting a stylish kitchen with granite countertops and stainless steel appliances.
Live in the Heart of the Entertainment District! Step into this beautifully renovated and spacious 1-bedroom + den condo, perfectly designed for modern city living. Sunlight pours over sleek laminate floors and freshly painted walls, highlighting a stylish kitchen with granite countertops and stainless steel appliances. The versatile den is ideal for a home office, creative space, or even a dining area.Sip your morning coffee or unwind after a long day on your private balcony, enjoying vibrant city views. The building offers an incredible suite of amenities, including a 24-hour concierge, indoor pool with hot tub, sauna, fully equipped fitness center, movie theatre, foosball & ping pong tables, visitor parking, and a rooftop patio perfect for entertaining or relaxing.Located steps from top restaurants, grocery stores, shopping, parks, and schools, this condo offers both convenience and lifestyle. Exceptional value for those looking to embrace the best of downtown living-don't miss this opportunity! Note unit is leased as of October 1,2026. Buyer to assume existing tenant paying $2400/month, for one year.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $832 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 295 Adelaide St W #316
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
295 Adelaide St W #316 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $499K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.8%On average, homes sold at or above asking.
Active listings12,924Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 9,409 sales from Jul 23 – Oct 21, 2026 (6,787 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
7 for sale · 5 for rent at 295 Adelaide St W — plus its sale and lease history.
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 30 stops within a 10-minute walk.
295 Adelaide St W #316 is listed at $499,000 (MLS® C12990016). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 295 Adelaide St W #316?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 295 Adelaide St W #316 changed?
Yes — it was first listed at $529,000 and is now $499,000, a drop of $30,000 (5.7%).
How many bedrooms and bathrooms does 295 Adelaide St W #316 have?
295 Adelaide St W #316 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
What schools are near 295 Adelaide St W #316?
The 4 closest schools to 295 Adelaide St W #316 in a straight line are Ogden Junior Public School (Elementary, Toronto District School Board), about 460 m (about a 6-minute walk); ALPHA Alternative Junior School (Elementary, Toronto District School Board), about 630 m (about a 8-minute walk); Oasis Alternative Secondary School (Secondary, Toronto District School Board), about 640 m (about a 8-minute walk); and Contact Alternative School (Secondary, Toronto District School Board), about 690 m (about a 9-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
Is 295 Adelaide St W #316 close to transit?
The nearest rapid-transit station is St. Andrew Station (Line 1), about 470 m (about a 6-minute walk) in a straight line. Osgoode Station is about 490 m (about a 6-minute walk), and St. Patrick Station is about 830 m (about a 10-minute walk). The closest bus or streetcar stop is John Street, about 160 m (about a 2-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 295 Adelaide St W #316?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 295 Adelaide St W #316 compare with other homes in Toronto?
Its asking price of $499,000 is about 41% below the median sold price in Toronto over the last 90 days, $845,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 295 Adelaide St W #316 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 295 Adelaide St W #316 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 295 Adelaide St W #316?
295 Adelaide St W #316 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 295 Adelaide St W #316 been on the market?
191 days — 295 Adelaide St W #316 was listed on April 13, 2026.
What is the price per square foot of 295 Adelaide St W #316?
About $714 to $832 per square foot: the asking price of $499,000 over the 600–699 sq ft the listing gives as its size range.
