Patio, unknown for 705 King St #814, Toronto Ontario M5V 2W8
2 days on Market

705 King St #814, Toronto, Ontario M5V 2W8

In the same building:
-
Condo
1 + 1
1
~700-799 sqft
$569,999
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Condo
1 + 1
1
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$764/sqft

Est. Mortgage$2,448/mo

Maintenance fees$687/mo

Tax Amount (2024)$2,360/yr

Days On Market2 days


Description

Investor Opportunity in the Heart of King West! This bright and spacious 798 sq. ft. 1 bedroom plus sunny-solarium condo is the perfect turnkey investment. Currently tenanted at $2400/ month with a responsible tenant in place, this unit offers immediate rental income in one of Toronto's most desirable downtown neighborhoods. The well-managed building is well-known for its fantastic amenities including 24-hr concierge, gym, indoor and outdoor pools, BBQ area, theatre rooms and more! Steps to transit, trendy restaurants, nightlife and all that King West has to offer. A smart addition to any portfolio! Bell internet $31.64/ mo. & exclusive parking spot fee $80/mo. in addition to maintenance fee.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12125012
Community NameNiagara
Data SourceTRREB
Listing byWEST-100 METRO VIEW REALTY LTD.

Features

Heating: Heat Pump
Cooling: Central Air

Flat Floor

Living

5.307 x 3.229

Combined W/Dining / Combined W/Solarium / Laminate

Dining

3.229 x 5.307

Combined W/Living / Laminate

Primary

4.024 x 2.969

Large Closet / Laminate

Solarium

4.388 x 2.229

Large Window / Laminate


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


8Story
Amenities

Concierge, Exercise Room, Indoor Pool, Outdoor Pool, Visitor Parking, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by WEST-100 METRO VIEW REALTY LTD., Brokerage

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Market Data - Niagara

Geo Zone Map ThumbnailNiagara

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

28 days

Compared to

2024

21 days

2023

20 days

2022

8 days

New Listings

Past 30 days

109 listings

Compared to

2024

103 listings

2023

58 listings

2022

72 listings

Units sold

Past 30 days

30 units

Compared to

2024

35 units

2023

51 units

2022

56 units

Median Sold Price

Past 30 days

$670,000

Compared to

2024

$695,000

2023

$679,000

2022

$764,950


Population and Demographics

Overview

Total population 13311
Average household income $167,219

Age (%)

20 to 34
46%
35 to 49
27%
50 to 64
12%
0 to 19
9%
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%

Schools and amenities

Estimated Budget