$490,000

For sale

#303 725 King Street West, Toronto (Niagara) - Single Family for Sale

#303 725 King Street West, Toronto (Niagara), Ontario, M5V2W9

2 beds1 bath1 parking$785/mo condo feeListed 140 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $490,000, it is attractively priced about 22% below the $625,000 median asking price in Toronto.

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Description

Welcome to 725 King St W, where stylish downtown living meets everyday convenience in the heart of the vibrant King West neighbourhood. This bright and spacious 1-bedroom + den suite offers approx 700 sqft of thoughtfully designed living space, featuring a functional layout ideal for both relaxing and entertaining. The modern kitchen is equipped with full-sized appliances and crisp white cabinetry, flowing seamlessly into the open-concept living area. A sunny and versatile den adds flexibility to the space, making it perfect for a home office, reading nook, or additional lounge area. The unit also includes a spacious bedroom with excellent closet space, a 4-piece bathroom, and ample storage throughout. For added convenience, residents have access to a clean and well-maintained laundry room located on the same floor. Enjoy an exceptional collection of resort-style amenities, including indoor and outdoor pools, fitness and squash courts, party rooms, and a beautifully landscaped private courtyard. Perfectly located just steps from restaurants, parks, schools, TTC transit, BMO Field, Exhibition Place, and the Harbourfront, this condo offers the best of urban living. An added bonus: the future King West subway station will soon be just steps from your door. (id:66096)

Property Details

MLS®: C13466520
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Heat Pump, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $785/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,511/yr
Listed: 140 days ago

Rooms

Main level

Foyer
Kitchen: 2.6 x 2.13 meters
Living room: 5.2 x 3.6 meters
Bedroom: 3.65 x 2.8 meters
Bathroom
Utility room

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, Hood Fan
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

140d

Toronto (Niagara) listings, avg age

48d

List price

$490K

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 2-bed single family in Toronto (Niagara) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX REALTRON BARRY COHEN HOMES INC. · TYLER COHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $490,000, about 5.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $95,714 (20% down, 25-yr amortization, stress-tested) — roughly 5% 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)

$490,000

For sale

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Full Cost Breakdown

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Down Payment5% · $24,500

Min 5%50%

Mortgage payment$2,581/mo

↳ CMHC premium ($18,620 capitalized)

Property tax (est.)$209/mo

Condo fee$785/mo

Total monthly$3,575

Cash Needed to Close

Down payment (5%)$24,500

Land transfer tax$12,550

Est. closing costs$3,970

Total cash needed$41,020

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