318 King Street, Toronto, ON

$648,000
MLS#:C13236900
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $648,000 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 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

DESIGN-DRIVEN SUITE WITH SPACE, LIGHT + UNMATCHED LAYOUT! Set within a boutique condo building in the heart of Toronto's King East Design District, this suite delivers what so many buyers are searching for - but rarely find: a truly functional, wide-open layout paired with south-facing views and natural light. From the moment you enter there is a sense of space (no unnecessary hallways), 9-foot ceilings, and full-sized rooms. Something quite rare in today's market. The kitchen will impress and perform with generous counter space, storage, and anchored by the highly sought-after feature of gas cooking. Whether casual meals or hosting friends, the cooking continues on the almost 18ft long balcony with gas bbq hook-up. The primary bedroom is oversized and is complemented with almost 10 feet of linear closet space. The den has been upgraded by the current owners, with custom steel and glass doors, creating a fully enclosed, versatile space. Whether used as a second bedroom, private office, or a hybrid with the Queen Murphy bed, it offers true flexibility without compromise.This is an ideal home for a young professional or couple, with the ability to comfortably grow into the space over time. Additional features include underground parking and a truly exceptional storage room - private, oversized, and with high ceilings, offering utility far beyond any standard condo caged locker. And location? Positioned in one of the city's most dynamic and evolving pockets, you are steps to King East, The Esplanade, St. Lawrence Market, and the Distillery District. Enjoy some of Toronto's best dining, cafés, and weekend strolls right outside your door. With the future Ontario Line subway station within walking distance, connectivity and long-term value are firmly in place. In the meant time, easy access to 24Hr King Streetcar. A rare opportunity to secure space, function, and lifestyle in one of Toronto's most desirable urban neighbourhoods.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 11, 2026
Sold price information is available to members only
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$3,505.61

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Concierge/Security

Community Features

Location

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318 King Street, Toronto, ON
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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 318 King Street E 1009, Toronto C08, ON M5A 1K6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$39,800 (6.1%)
* Minimum Canadian down payment required for this price is $39,800.
Amortization Period25 Years
Estimated Monthly Payment$3,624Based on a loan of $608,200 over 25 years.
Purchase Price$648,000
Loan Amount$608,200
Provincial Land Transfer Tax:$9,435
Toronto Municipal Land Transfer Tax:$9,435
Total Estimated Closing Taxes:$18,870

About Purchasing a Home in Toronto, ON

For a property listed at $648,000 in Toronto, the legal minimum down payment is $39,800 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 $9,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,435 also applies, bringing the total estimated land transfer taxes to $18,870.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Moss Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$953,690

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Brown
Public3 Lower Jarvis Street, Toronto, Ontario, M5E 1Z2
7.0

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.