375 King Street, Toronto, ON

$587,498
MLS#:C9356642
1 beds
1 baths
600-699 sqft
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This listing is no longer active (Sold)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 Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $587,498 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 600-699 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 this rare, double-corner suite in the heart of King West Toronto's vibrant neighborhood. This 670 sqft one-bedroom condo features sleek modern finishes, including trendy concrete ceilings, a spacious Pinterest-worthy kitchen, and a bright washroom with a rare window for natural light. The unique layout maximizes space, offering the functionality of a 1+den without compromising on design. Step into a flood of natural light from large windows and balcony access right off the front hallway, making the space feel airy and welcoming. The oversized kitchen, larger than what you'll find in most newer condos, is perfect for cooking enthusiasts. The washrooms front location takes advantage of natural sunlight, brightening your mornings. The bedroom, located at the rear of the unit, provides a quiet retreat away from King Wests nightlife, and the private balcony at the back offers a serene outdoor space to relax. But the real potential lies in the future by 2025, the development across the street will bring new retail spaces and boost property values, enhancing the already desirable area. Living here means being just steps away from Toronto's top restaurants, lounges, and conveniences, and only an 8-minute walk to the subway, making it ideal for urban living. Whether you're a first-time buyer or an investor, this condo is a 'see it to believe it' opportunity at an unbeatable price. With its rare layout, prime location, and future neighborhood improvements, this gem wont last long. Act fast and secure your spot in one of Toronto's most sought-after condo buildingsM5V!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 5, 2024
Sold price information is available to members only
Listed Date9/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,054.28

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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375 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 375 King Street W 612, Toronto C01, ON M5V 1K5

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.

Market Trend
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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$33,750 (5.7%)
* Minimum Canadian down payment required for this price is $33,750.
Amortization Period25 Years
Estimated Monthly Payment$3,300Based on a loan of $553,748 over 25 years.
Purchase Price$587,498
Loan Amount$553,748
Provincial Land Transfer Tax:$8,225
Toronto Municipal Land Transfer Tax:$8,225
Total Estimated Closing Taxes:$16,450

About Purchasing a Home in Toronto, ON

For a property listed at $587,498 in Toronto, the legal minimum down payment is $33,750 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 $8,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,225 also applies, bringing the total estimated land transfer taxes to $16,450.

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 Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,517

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

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

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.