$549,999

For sale

#226 560 King Street West, Toronto (Waterfront Communities) - Single Family for Sale

#226 560 King Street West, Toronto (Waterfront Communities), Ontario, M5V1M3

1 bed1 bath1 parking750 ft²$767/mo condo feeListed 10 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $549,999, it is attractively priced about 13% below the $629,900 median asking price in Toronto. It has been on the market 10 days, fresher than the Toronto average of 57 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

King West Living at Its Finest - With Parking! Welcome to the highly sought-after Fashion House Condos, perfectly situated in the heart of Toronto's vibrant King West neighbourhood. This stylish and spacious one-bedroom suite offers thoughtfully designed living space, including a private balcony, hardwood floors, a modern kitchen, ensuite laundry and a generous bathroom with spa-inspired shower. Enjoy the best of downtown living with incredible restaurants, trendy cafés, boutique shopping and King and Queen streetcars just steps from your door. Residents enjoy exceptional amenities, including a 24-hour concierge, fitness centre, party room, rooftop garden and spectacular 30-foot rooftop infinity pool with sweeping city views. The added convenience of parking makes this an exceptional opportunity in one of Toronto's most desirable neighbourhoods. Urban living, incredible amenities and an unbeatable location! (id:66096)

Property Details

MLS®: C14121782
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $767/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,537.3/yr
Listed: 10 days ago

Rooms

Main level

Living room: 5.63 x 5.35 meters
Dining room: 5.63 x 5.35 meters
Primary Bedroom: 3.3 x 2.74 meters
Kitchen: 3.47 x 2.1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings, Garage door opener remote(s)
Flooring: Hardwood
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$734

List price

$550K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Waterfront Communities) has been listed for 10 days, which is 47 days fresher than the city average of 57. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX PROFESSIONALS INC. · LINDSAY SELLAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $549,999, about 6.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$549,999· $734/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.45% · $29,999.90

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$295/mo

Condo fee$767/mo

Total monthly$3,945

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$14,950

Est. closing costs$4,150

Total cash needed$49,100

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator