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Unit 509 at The Kip District

Sold

20 Thomas Riley Road 509, Toronto W08, ON M9B 1B1

MLS #W11970907

$675,000

Sold on May 22, 2025

May 22, 2025

Originally listed at $689,900 15 days on market

About This Property

Don't miss this rare opportunity! Step into this stunning, sun-filled corner unit featuring 770 sq. ft. of living space + a massive 450 sq. ft. terrace. Enjoy breathtaking southwest-facing views, perfect for soaking in summer sunsets. This expansive terrace is ideal for entertaining or unwinding in your private outdoor oasis. Conveniently located just a short 8-minute walk to Kipling Subway & GO Station, offering seamless access to Downtown Toronto, the West End, and major highways (427/Airport/QEW). This is The Kips most coveted layout with its largest terrace, truly one of a kind!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($644/mo) and property tax ($2,647/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$920/sqft
Islington-City Centre West
$667/sqft+37.9%
Toronto W08
$679/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2703
MLS Size700-799
Listed OnFeb 12, 2025
Maintenance Fees$644/month
Property Tax$2,647/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Ground)4.93 x 5.1316.2 x 16.8-
Kitchen(Ground)4.93 x 5.1316.2 x 16.8-
Primary Bedroom(Ground)2.87 x 39.4 x 9.8-
Bedroom(Ground)3.05 x 2.6410.0 x 8.7-

Room Dimensions Available

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Price History

Original List Price

$689,900

Listed on Feb 12, 2025

Sold Price

$675,000

Sold on May 22, 2025

-$14,900

-2.2%

15 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Kip District
Address20 Thomas Riley Road, Toronto W08
Parking TypeUnderground

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About Unit 509 at The Kip District

Unit 509 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 700-799 square feet located at The Kip District, 20 Thomas Riley Road, Toronto W08. This unit is currently sold (sold for $675K).

About The Kip District

The Kip District is located at 20 Thomas Riley Road, Toronto W08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Islington-City Centre West Neighbourhood

This unit is located in Islington-City Centre West, part of Toronto W08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The Kip District, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 509 The Kip District Toronto W08

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