$515,000

For sale

#608 801 King Street, Toronto (Niagara) - Single Family for Sale

#608 801 King Street, Toronto (Niagara), Ontario, M5V3C9

2 beds1 bath1 parking650 ft²$805/mo condo feeListed 10 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $515,000, it is attractively priced about 18% below the $625,000 median asking price in Toronto. It has been on the market 10 days, fresher than the Toronto average of 48 days.

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Description

Welcome to the heart of King West! This immaculately maintained 1-bedroom plus den suite boasts a highly desirable and functional layout, flooded with an abundance of natural sunlight and offering clear, unobstructed west-facing views. The entire unit has been updated with fresh neutral paint throughout, perfectly complementing the brand-new, seamless vinyl flooring and creating a bright, modern, and inviting atmosphere. The unit features upgraded smooth ceilings, adding to the clean, contemporary aesthetic. The spacious kitchen flows effortlessly into the living area, while the versatile den offers the perfect setup for a dedicated home office or a cozy reading nook. A standout feature of this turn-key home is the beautifully renovated bathroom, showcasing a sleek, modern, newly re-tiled shower equipped with premium new fixtures. For ultimate convenience, the suite also includes in-suite laundry featuring a newer washer and dryer. Located in one of Toronto's most vibrant neighborhoods, this building offers an exceptional lifestyle with premium amenities. Residents can enjoy a match on the tennis court, a fully equipped gym, a spacious party room, and 24-hour concierge service. You can also take in stunning 360-degree views of the city from the rooftop garden, which features a hot tub, BBQs, and comfortable lounge seating. Step outside your door and you are just seconds away from transit, boutique shops, and top-tier restaurants. With the lakefront and nearby parks just a short stroll away, this property offers the perfect balance of urban excitement and outdoor recreation. Virtual Tour Available! (id:66096)

Property Details

MLS®: C14120088
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $805/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,428.16/yr
Listed: 10 days ago

Rooms

Flat

Living room: 5.78 x 3.2 meters
Dining room: 5.78 x 3.2 meters
Kitchen: 3.39 x 2.73 meters
Bedroom: 4.29 x 2.78 meters
Solarium: 2.44 x 2.32 meters

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

Features

Appliances: Washer, Refrigerator, Sauna, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Toronto (Niagara) listings, avg age

48d

Price / ft²

$793

List price

$515K

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) has been listed for 10 days, which is 38 days fresher than the city average of 48. Act while there is still low competition.

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Listed by HOMELIFE FRONTIER REALTY INC. · VAN NGUYEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $515,000, about 5.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $100,598 (20% down, 25-yr amortization, stress-tested) — roughly 11% 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)

$515,000· $793/ft²

For sale

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Full Cost Breakdown

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Down Payment5.15% · $26,500.00

Min 5.15%50%

Mortgage payment$2,708/mo

↳ CMHC premium ($19,540 capitalized)

Property tax (est.)$202/mo

Condo fee$805/mo

Total monthly$3,716

Cash Needed to Close

Down payment (5.15%)$26,500

Land transfer tax$13,550

Est. closing costs$4,045

Total cash needed$44,095

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