MLS® listing
383 Adelaide Street E 412: condo apartment for sale
$1,599,000
From the listing brokerage
Executive Penthouse |Unrivaled Industrial Chic in the Heart of Toronto Experience extraordinary loft living in this spectacular approx.1,200 sq. ft., two-storey penthouse. Boasting sleek polished concrete floors throughout and faux brick accent walls on the upper level, this fully renovated residence effortlessly blends contemporary luxury with urban character.Key Property Features Soaring High Ceilings & Lighting: Enjoy impressive 9.5-foot ceilings on the main floor and soaring 13-foot ceilings on the upper level. Masterpiece Kitchen: Outfitted with premium appliances, including a Fisher & Paykel refrigerator and a 6-burner gas Blue Flame stove-ideal for culinary enthusiasts. Entertainment Suite: Built-in Sonos surround sound system paired with a 11' x 6' drop-down screen and high-definition projector create an immersive home theater experience. Expansive Master Suite: A massive 14.5' x 25.3' primary bedroom with wall to wall closets, complete with an integrated sitting room and a cozy gas fireplace. Second Bedroom: Perfect as a guest room or home office, featuring a custom built-in desk and a space-saving Custom Murphy bed with built-in Cabinets. Spa-Inspired Bathrooms: Main Floor Bath: Features heated floors, a therapeutic soaking tub, and heated towel racks for ultimate comfort. Second Floor Bath: A stylish 3-piece bathroom featuring a custom glass walk-in shower. Outdoor Oasis: 350Sq. Ft. Private TerraceStep seamlessly out onto your private 350 sq. ft. rooftop terrace, designed for year-round outdoor entertaining and relaxation: Features a custom 10' x 10' pergola for shaded dining, sonos speakers. Equipped with direct natural gas hookup (perfect for BBQ/fire pit) and a dedicated water tap/hose line.Additional Amenities Parking: Includes 1 dedicated garage parking space.
Facts on the listing
| Square feet | 1200-1399 |
|---|---|
| Style | Loft |
| Basement | None |
| Parking spaces | 1 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $1,466 |
| Property tax | $5,072 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Heat Included, Water Included, Common Elements Included, Hydro Included, CAC Included, Parking Included, Building Insurance Included |
| Balcony | Terrace |
| Laundry | Ensuite |
| Parking | Private |
| Interior features | Auto Garage Door Remote, Carpet Free |
| Floor | 4 |
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS® C14082874.
About this condo apartment
383 Adelaide Street E 412 is a 2 bedroom condo apartment in TRREB's Moss Park community in Toronto, listed for sale at $1,599,000. The listing shows 2 bathrooms and 1200-1399 square feet. The style is given as loft. The unit faces east. It comes with 1 parking space and a built-in garage according to the listing. The nearest main intersection given is Adelaide St E & Sherbourne St.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 383 Adelaide Street E 412
At the asking price of $1,599,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,599,000 |
|---|---|
| Ontario land transfer tax | $28,455 |
| Toronto municipal land transfer tax | $28,455 |
| Both taxes | $56,910 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $319,800 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $1,466 a month |
|---|---|
| Property tax (2026) | $5,072 a year, about $423 a month |
| Fee and tax together | about $1,889 a month |
The listing says the maintenance fee includes heat, water, common elements, hydro, cac, parking and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $1,599,000, which is $1,049,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 383 Adelaide Street E 412
How much is land transfer tax on 383 Adelaide Street E 412?
At the asking price of $1,599,000 the Ontario tax is $28,455 and the Toronto tax is $28,455, $56,910 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 383 Adelaide Street E 412?
$319,800 at the asking price of $1,599,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 383 Adelaide Street E 412?
The listing shows $1,466 a month, including heat, water, common elements, hydro, cac, parking and building insurance. Check the current fee in the status certificate.
How much is the property tax on 383 Adelaide Street E 412?
The listing shows $5,072 a year for 2026, about $423 a month.
Is 383 Adelaide Street E 412 priced above or below the median?
It is listed at $1,599,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $1,049,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 383 Adelaide Street E 412?
Use the form on this page or call us. Quote MLS® C14082874. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 383 Adelaide Street E 412 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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