650 King Street, Toronto, ON

$499,000
MLS#:C13096360
1 beds
1 baths
0-499 sqft
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $499,000 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 0-499 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your downtown Toronto home in the vibrant King & Bathurst neighbourhood, a stylish 1 bedroom condo perfectly suited for first-time buyers or investors looking to own in one of the city's most energetic communities. This bright & inviting suite's open concept design makes the space comfortable for everyday living & entertaining. Tall ceilings make an airy loft atmosphere & white walls enhance the sense of space & light. The kitchen blends style & function w/sleek granite countertops, glass backsplash, built-in dishwasher, & ample prep space for cooking. Easily host friends or have a relaxing, quiet evening in. The 4-pc bath features a generous tub, granite ledge for everyday essentials, & a modern Corian sink w/backsplash bringing the design together beautifully. Tile flooring in the bathroom offers easy maintenance & engineered hardwood thru/o the rest of the unit provides warmth & a sophisticated finish. Whether you're starting your ownership journey or adding to an investment portfolio, this unit offers exceptional value in a desirable downtown location w/everything Toronto has to offer just moments from your door. Nearby Fashion District, vibrant restaurants, cafés, nightlife & legendary Kensington Market offer endless options for food, culture, shopping & entertainment. Sports fans will love close prox. to Rogers Centre w/the iconic CN Tower a short distance away. The waterfront Lakeshore Trail is easily accessible, just south of the building w/scenic walking paths, cycling & beautiful lake views. Commute w/ease w/TTC transit steps from the building's entrance for city-wide connectivity. The Jack Layton Ferry Terminal offers quick access to Toronto Island weekend escapes & Billy Bishop Airport nearby is convenient for business & leisure. Offering comfort, style & a great downtown location, this is an excellent opportunity to own in Toronto. **Photos & Virtual Tour are from 2021, no major changes to unit.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date5/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Brick
BasementNone
CountyToronto
Annual Tax$2,285

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Public Transit

Interior Features

Carpet Free

Security Features

Community Features

Location

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650 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 650 King Street W 402, Toronto C01, ON M5V 0H6

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$24,950 (5.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period25 Years
Estimated Monthly Payment$2,825Based on a loan of $474,050 over 25 years.
Purchase Price$499,000
Loan Amount$474,050
Provincial Land Transfer Tax:$6,455
Toronto Municipal Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$12,910

About Purchasing a Home in Toronto, ON

For a property listed at $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.

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$791,628

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.