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Unit 505 at The Summit Condos

Sold

705 King Street W 505, Toronto C01, ON M5V 2W8

MLS #C12362163

$450,000

Sold on October 14, 2025

October 14, 2025

Originally listed at $445,000 8 days on market

About This Property

Welcome to 705 King Street West #505 a spacious 1 Bedroom + Den condo in the heart of downtown Toronto. Located in one of the city's most vibrant and walkable neighbourhoods, this unit offers incredible potential for those looking to customize and create their dream space.With generous square footage, a functional layout, and a bright open-concept living area, this condo is a rare find for buyers with vision. The den provides flexibility for a home office, guest area, or creative studio.Situated in a lively area surrounded by top restaurants, shops, nightlife, and transit, everything you need is right outside your door.Bring your design ideas and transform this condo into something truly special!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($695/mo) and property tax ($2,556/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$544/sqft
Niagara
$867/sqft-37.2%
Toronto C01
$979/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 818 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

818 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeOther
Style1 Storey/Apt
Ensuite LaundryNo
Corp #TSCC-674
MLS Size800-899
Listed OnAug 24, 2025
Maintenance Fees$695/month
Property Tax$2,556/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)5 x 3.3616.4 x 11.0-
Living Room(Flat)5 x 3.3616.4 x 11.0-
Dining Room(Flat)5 x 3.3616.4 x 11.0-
Dining Room(Flat)5 x 3.3616.4 x 11.0-
Kitchen(Flat)1.87 x 2.466.1 x 8.1-
Kitchen(Flat)1.87 x 2.466.1 x 8.1-
Primary Bedroom(Flat)4.21 x 2.8513.8 x 9.4-
Primary Bedroom(Flat)4.21 x 2.8513.8 x 9.4-
Solarium(Flat)4 x 2.2113.1 x 7.3-
Solarium(Flat)4 x 2.2113.1 x 7.3-

Room Dimensions Available

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Price History

Original List Price

$445,000

Listed on Aug 24, 2025

Sold Price

$450,000

Sold on Oct 14, 2025

+$5,000

1.1%

8 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 Type

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About Unit 505 at The Summit Condos

Unit 505 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 800-899 square feet located at The Summit Condos, 705 King Street W, Toronto C01. This unit is currently sold (sold for $450K).

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 505 The Summit Condos Toronto C01

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