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Unit 1203 at The Summit Condos

Sold

705 King Street W 1203, Toronto, ON M5V 2W8

MLS #C13170986

$460,000

Sold on July 22, 2026

July 22, 2026

Originally listed at $489,000 35 days on market

About This Property

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.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($753/mo) and property tax ($2,548,382/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$652/sqft
Niagara
$867/sqft-24.8%
Toronto C01
$883/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

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryNo
Corp #TSCC-674
MLS Size700-799
Listed OnMay 24, 2026
Maintenance Fees$753/month
Property Tax$2,548,382/year

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Room Dimensions Available

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Price History

Original List Price

$489,000

Listed on May 24, 2026

Sold Price

$460,000

Sold on Jul 22, 2026

-$29,000

-5.9%

35 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 Summit Condos
Address705 King Street W, Toronto C01
Parking TypeUnderground

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About Unit 1203 at The Summit Condos

Unit 1203 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at The Summit Condos, 705 King Street W, Toronto C01. This unit is currently sold (sold for $460K).

About The Summit Condos

The Summit Condos is located at 705 King Street W, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Niagara Neighbourhood

This unit is located in Niagara, part of Toronto C01 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 Summit Condos, 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 1203 The Summit Condos Toronto C01

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