700 King Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium metal/steel siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $769,000 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: Carpet Free, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Want to live in one of Toronto's last remaining iconic lofts in the most coveted part of downtown? Welcome to the Clock Tower Lofts in the heart of King West. A former piano factory, Suite 514 is a true Toronto loft featuring 13-foot ceilings, an open-concept kitchen, parking, and a private oversized locker. Thoughtfully renovated and decorated, this light-filled loft comes with two bedrooms, two bathrooms (with a tub), a full-sized kitchen featuring a breakfast bar and granite counters, and updated appliances throughout (dishwasher, washer/dryer, microwave, automatic window coverings, toilets). The building feels brand new with updated hallways completed this year and the award-winning lobby was modernized in 2020. Enjoy the 360 views while grilling from the rooftop with friends all summer long! Don't miss out on this rare opportunity to own a stunning, turnkey unit in the best part of King West on the soon-to-be Ontario subway line. Book your showing today!
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Carpet Free, Built-In Oven
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Pricing & Value Insights
Data-driven valuation for 700 King Street W 514, Toronto C01, ON M5V 2Y6
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 $769,000 in Toronto, the legal minimum down payment is $51,900 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 $11,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,855 also applies, bringing the total estimated land transfer taxes to $23,710.
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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.