Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $489,000 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.
Welcome to The Summit at 705 King St West, a bright and spacious 746 sq ft 1+1 bedroom condo on an upper-floor, offering more living space than many condos built today and ideally located in a quieter part of King West, just west of Bathurst. Featuring an oversized bedroom and a versatile den with floor-to-ceiling windows that can be used as a guest bedroom or office, along with unobstructed views, brand new kitchen countertops, and no carpet throughout, this thoughtfully maintained suite offers a functional and inviting layout in one of downtown Toronto's most desirable neighbourhoods. Enjoy the convenience of a 24-hour King Street streetcar just steps from your door and the future Ontario Line subway already in the works nearby. The building offers true resort-style living with outstanding amenities including an indoor pool, sauna, gym, squash courts, theatre, visitor parking, guest suites, and more. A beautifully landscaped outdoor area surrounded by lush green space and mature trees, with lounge seating, an outdoor pool, and BBQ facilities, provides the perfect setting to unwind from the energy of the city and entertain guests. Enjoy added peace of mind with 24-hour building security, controlled access, professional management, and concierge service. Additional features include an ensuite locker and same-floor laundry.A grocery store is conveniently located on the main floor of the building, and you are surrounded by the best of King West and Queen West dining, shopping, and entertainment, including The Well, nearby bike paths, and the vibrant residential neighbourhoods to the north. Easy commuting in and out of the city is simple via Lakeshore Boulevard and the Gardiner Expressway.
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Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Carpet Free
Concierge/Security, Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 705 King Street W 1203, Toronto, ON M5V 2W8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $489,000 in Toronto, the legal minimum down payment is $24,450 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 $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.
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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.