1029 King Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium concrete poured construction, this residence presents an exceptional opportunity offered at $775,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Enjoy "the coveted" Bright and Sunny Southern Exposure from this stylish and tastefully updated King West Loft! If you love natural light, space, storage and privacy, than this one is a must see! Tucked away from the busyness of King Street, on the quiet side of the building, this quintessential King West Loft features 17-foot ceilings, exposed concrete walls and ceilings, and expansive floor-to-ceiling windows. This generous floor plate accommodates "real sized" furniture and the bedroom can easily host a King size bed. This one stands out in the crowd! Low monthly maintenance fees of $648 **WITH Hydro Included**! Upgrades include: Fully re-finished kitchen and appliances, renovated powder room (2025),Electric blinds, expansion of coat closet, kitchen renovated in 2020, upstairs bathroom and walk in closet renovated in 2019, & vynil flooring throughout. Premium parking space beside the elevator! A 95 Walk score! Large Grocery store on the corner. TTC - Direct access to the King streetcar line and steps away from the shops and restaurants of King West, Queen West and Liberty Village. Easy highway access and a short ride to the Toronto Island Airport.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1029 King Street W 602, Toronto C01, ON M6K 3M9
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 $775,000 in Toronto, the legal minimum down payment is $52,500 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 $11,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,975 also applies, bringing the total estimated land transfer taxes to $23,950.
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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.
