Sold
$460,000
2bed|1bath|700-799sqft
1 parking|1 locker
Unit 1203
705 King Street W 1203, Toronto, ON M5V 2W8
Residential Condo & Other|$753 fees|$2548382 tax
MLS #C13170986
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Unit 601 at The Summit Condos
Sold705 King Street W 601, Toronto C01, ON M5V 2W8
MLS #C9396008
$595,000
Sold on January 1, 2025
January 1, 2025
Originally listed at $619,000 17 days on market
About This Property
Location, location, location! Experience urban living at its finest in this spacious corner unit condo. This 1-bedroom plus den offers a versatile layout, perfect for work or relaxation. The property includes a parking spot and is situated in the sought-after Summit building with top-notch amenities such as indoor and outdoor pools, a state-of-the-art gym, squash courts, and 24-hour concierge service. Located in the vibrant King Street West neighborhood, you're just steps away from trendy shops, dining, entertainment, and all essential amenities. Don't miss this opportunity to own in one of the city's most desirable locations!
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($735/mo) and property tax ($2,382/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$825/sqftNiagara
$867/sqft-4.8%
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 OnOct 14, 2024
Maintenance Fees$735/month
Property Tax$2,382/year
Property Details Available
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Flat) | 3.7 x 3 | 12.1 x 9.8 | - |
| Living Room(Flat) | 3.7 x 3 | 12.1 x 9.8 | - |
| Living Room(Flat) | 3.7 x 3 | 12.1 x 9.8 | - |
| Dining Room(Flat) | 2 x 3.2 | 6.6 x 10.5 | - |
| Dining Room(Flat) | 2 x 3.2 | 6.6 x 10.5 | - |
| Dining Room(Flat) | 2 x 3.2 | 6.6 x 10.5 | - |
| Kitchen(Flat) | 1.8 x 3.3 | 5.9 x 10.8 | - |
| Kitchen(Flat) | 1.8 x 3.3 | 5.9 x 10.8 | - |
| Kitchen(Flat) | 1.8 x 3.3 | 5.9 x 10.8 | - |
| Bedroom(Flat) | 3.5 x 4.6 | 11.5 x 15.1 | - |
| Bedroom(Flat) | 3.5 x 4.6 | 11.5 x 15.1 | - |
| Bedroom(Flat) | 3.5 x 4.6 | 11.5 x 15.1 | - |
| Den(Flat) | 2.5 x 3.6 | 8.2 x 11.8 | - |
| Den(Flat) | 2.5 x 3.6 | 8.2 x 11.8 | - |
| Den(Flat) | 2.5 x 3.6 | 8.2 x 11.8 | - |
Room Dimensions Available
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Unit 601 History
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Price History
Original List Price
$619,000
Listed on Oct 14, 2024
Sold Price
$595,000
Sold on Jan 1, 2025
-$24,000
-3.9%
17 days on market
Price History Available
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Unit 1614
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OQ
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OVAIS QASSIM
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Building Information
Building NameThe Summit Condos
Address705 King Street W, Toronto C01
Parking TypeUnderground
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About Unit 601 at The Summit Condos
Unit 601 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 $595K).
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 601 The Summit Condos Toronto C01
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