7 King Street, Unit 2, Toronto, ON

$375,000
MLS#:C13573744
0 beds
1 baths
0-499 sqft
Residential Condo & Other
7 King Street E 602, Toronto, ON M5C 3C5

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $375,000 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.

  • 0 Bedrooms 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 fan coil heating via other

Description

Imagine leaving your condo in the morning and walking to work in the Financial District. Meeting your friends for dinner in the Distillery District or St. Lawrence Market Grabbing coffee around the corner, catching a Leafs or Blue Jays game, or spending the evening at the theatre, all without needing your car. With King Subway Station and the PATH steps away, the very best of downtown Toronto is right outside your door at The Metropole! This bright and functional studio suite in this highly desired building features expansive 9.5-foot ceilings, oversized windows, fresh flooring, an open-concept layout, a kitchen with breakfast bar, ensuite laundry, and a private storage locker on the third floor. Even better, the low condo fees include heat, hydro and central air conditioning, a rare value in today's market. Perfect if you're a first-time buyer, a parent purchasing a home for your son or daughter attending U of T, TMU or George Brown, an investor, or anyone looking for the ideal downtown pied-à-terre. You will love the exceptional amenities including 24-hour concierge service, an indoor pool, fitness centre, steam room, party room, billiards lounge, and two rooftop terraces with BBQs and epic panoramic city views. Affordable. Convenient. Connected. Whether you're buying your first home, securing a place for your student, or looking for a smart investment in one of Toronto's most walkable neighbourhoods, Suite 602 is a fantastic opportunity to enjoy everything downtown living has to offer.

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Property Summary

This condo apartment located at 7 King Street, Toronto is currently for sale and has been available on SousaSells for 24 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 0 beds, 1 bathroom, and is 0-499 square feet. 7 King Street, Toronto is in the Church-Yonge Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Church-Yonge Corridor, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 1 well-appointed bathroom
  • 0-499 sqft of generous functional square footage
  • Desirable Condo Apartment architecture in Church-Yonge Corridor, Toronto
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

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

Additional Details

StatusActive
Listed Date7/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick Front
BasementNone
CountyToronto
Annual Tax$2,186.24

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

  • Hospital
  • Public Transit

Interior Features

  • Carpet Free

Security Features

  • Concierge/Security
  • Security System

Community Features

None listed

Frequently Asked Questions about 7 King Street, Unit 2, Toronto, ON

Q.What is the asking price for 7 King Street, Unit 2, Toronto, ON ?

The current listing price for 7 King Street, Unit 2, Toronto, ON in Church-Yonge Corridor, Toronto is $375,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 1 bathroom across approximately 0-499 sqft.

Q.What property type and architectural style is 7 King Street, Unit 2, Toronto, ON ?

7 King Street, Unit 2, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 7 King Street, Unit 2, Toronto, ON offer?

Key property features include: Hospital, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.What security features are installed at 7 King Street, Unit 2, Toronto, ON ?

Security features include: Concierge/Security, Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Central Air.

Location

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7 King Street, Unit 2, 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 7 King Street E 602, Toronto, ON M5C 3C5

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 Rate4.00%
Down Payment$112,500 (30.0%)
* Minimum Canadian down payment required for this price is $18,750.
Amortization Period30 Years
Estimated Monthly Payment$1,248Based on a loan of $262,500 over 30 years.
Purchase Price$375,000
Loan Amount$262,500
Provincial Land Transfer Tax:$4,100
Toronto Municipal Land Transfer Tax:$4,100
Total Estimated Closing Taxes:$8,200

About Purchasing a Home in Toronto, ON

For a property listed at $375,000 in Toronto, the legal minimum down payment is $18,750 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 $4,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,100 also applies, bringing the total estimated land transfer taxes to $8,200.

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Toronto Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,263,108

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%

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Secondary Schools

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Toronto Demographic Home information

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.