17 hours on Market

701 King St #1007, Toronto, Ontario M5V 2W7

In the same building:
-
Condo
2
2
~1000-1199 sqft
$714,900
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Condo
2
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market17 hours

Estimated valueNot available

Price/Sqft$655/sqft

Monthly cost

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Description

Welcome to Suite 1007 at The Summit, one of Toronto's most notable & enduring buildings in the downtown landscape! The Summit has stood the test of time when it comes to condo living, built in an era when buildings were designed with space, quality & longevity in mind. Nearly four decades later, that sentiment still rings true with maintenance fees of under $1.00/sqft., a reflection of a well-established & efficiently managed building. Step inside & you're immediately greeted by the charm & warmth of a home that has been lovingly owned & cared for by the same owner for 37 years. The custom-built media unit is an entertainer's dream & perfectly separates the living room from the kitchen (renovated, 2024), primary bathroom (renovated, 2024) & bedroom areas. The living room is one of the rarest in the downtown core, offering the homeowner a cozy wood-burning fireplace - a feature only available to similar suites from the 9th floor to the penthouse. There is a sense of character & comfort here that is increasingly difficult to find in today's newer, more compact condo spaces. Perfectly positioned at King & Bathurst, this is downtown Toronto living at its finest. With a Walk Score of 99, the location truly puts the best of the city right outside your door. The King West strip, Queen West, restaurants, cafés, nightlife, shopping & everyday conveniences are all within easy reach. Enjoy a morning coffee at Forno Culture, stop by Harriet's Rooftop for a meal / happy hour, & finish off your evening with a drink at the Wheat Sheaf! You're also just minutes from the Entertainment District, Rogers Centre, CN Tower, & waterfront. Beyond the nearby amenities, The Summit offers an impressive list of in-house amenities, including indoor & outdoor pools, fitness facilities, recreational spaces, squash courts, a hot tub, security & beautifully maintained grounds. The laundry room is on the same level as the unit. Don't miss this chance to upgrade your lifestyle & call suite 1007 home!


Property Details

StyleApartment
View-
Age of property31-50
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC13858266
Community NameNiagara
Data SourceTRREB
Listing byCOLDWELL BANKER THE REAL ESTATE CENTRE

Features

Heating: Heat Pump
Cooling: Central Air
Fireplace

Main Floor

Living

5.58 x 3.54

Fireplace / Broadloom / Window Flr to Ceil

Dining

5.58 x 3.54

Broadloom / Se View / Window Flr to Ceil

Kitchen

2.41 x 7.3

Stainless Steel Appl / Renovated / B/I Range

Solarium

2.71 x 2.62

Broadloom / B/I Bookcase / Window Flr to Ceil


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


10Story
Amenities

Concierge, Indoor Pool, Gym, Squash/Racquet Court, Games Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 3, 2026
ListedActive
$714,900
17 hours on market
history photo preview44
Listing by trreb®
Property listed by COLDWELL BANKER THE REAL ESTATE CENTRE, Brokerage
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Market Data - Niagara

Geo Zone Map ThumbnailNiagara

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2025

40 days

2024

20 days

2023

20 days

New Listings

Past 30 days

79 listings

Compared to

2025

103 listings

2024

103 listings

2023

106 listings

Units sold

Past 30 days

15 units

Compared to

2025

22 units

2024

32 units

2023

27 units

Median Sold Price

Past 30 days

$575,000

Compared to

2025

$576,000

2024

$675,000

2023

$660,000


Population and Demographics

Overview

Total population 13311
Average household income $167,219

Age (%)

0 to 19
9%
20 to 34
46%
35 to 49
27%
50 to 64
12%
65 and plus
7%

Household composition (%)

Single person
53%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
73%
Yue (Cantonese)
4%
Mandarin
4%
Spanish
4%
Portuguese
4%
Others
3%
French
3%
Russian
1%

House tenancy (%)

Renters
53%
Owners
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget