1 King Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $425,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover a rare opportunity to own an oversized bachelor condo in one of Toronto's most iconic addresses-King West. This bright, airy unit offers sweeping, uninterrupted views of the city skyline. With a smart layout that maximizes space and light, this move-in-ready condo provides the ideal urban retreat and is available fully furnished if desired. Located in the heart of downtown, it offers direct access to Toronto's PATH network, placing world-class dining, shopping, and entertainment at your fingertips. Valet parking adds a layer of luxury and convenience, enhancing your downtown lifestyle. With the current market offering incredible value, this is the perfect time to secure a premium property like this. Whether you're a professional seeking a city base or someone wanting to immerse yourself in Toronto's culture, this condo is an exceptional find. **Residential / Office Potential Use ** Don't miss this chance book your private showing today and see why this could be your perfect home in the heart of the city.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Hospital, Library, Place Of Worship, Public Transit
Interior Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 King Street W 2503, Toronto C01, ON M5H 1A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $425,000 in Toronto, the legal minimum down payment is $21,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,975 also applies, bringing the total estimated land transfer taxes to $9,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
