$499,900

For saleJust listed

#626 560 King Street West, Toronto (Waterfront Communities) - Single Family for Sale

#626 560 King Street West, Toronto (Waterfront Communities), Ontario, M5V0L6

1 bed1 bath0 parking650 ft²$546/mo condo feeListed Yesterday

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,900, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 1 day, fresher than the Toronto average of 57 days.

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Description

King West Energy Meets Courtyard Serenity... Welcome to the iconic Fashion House at 560 King St West-where chic soft-loft design meets unparalleled urban convenience. This beautifully curated 600sq.ft. 1-bedroom, 1-bathroom loft features soaring 9ft exposed concrete ceilings, modern Euro kitchen and engineered hardwood flooring throughout. Dramatic floor-to-ceiling windows flood the open-concept space with midday natural light, reflecting beautifully off the freshly painted crisp white walls. Unlike many downtown floor plans, the primary bedroom is remarkably spacious and comfortably accommodates a king-size bed. Retreat to your generous 88sq.ft. balcony overlooking the peaceful inner courtyard-a rare quiet oasis in the middle of the city. Indulge in world-class amenities, headlined by the legendary 9th-floor rooftop Skypark terrace featuring an infinity pool, private cabanas, and striking views of the Toronto skyline. Unbeatable lifestyle location: world-class dining like Añejo, Laissez Faire are steps away and The Keg, Wilbur Mexicana and Shake Shack are literally right outside your door. Steps to TTC streetcar, upcoming King West Station, St Andrews Dog Park, TIFF Lightbox, The Well, Rogers Center and Toronto's absolute best cafes, lounges, and nightlife. Includes a 24-hour concierge. This isn't just a condo-it's a lifestyle! (id:66096)

Property Details

MLS®: C14143128
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $546/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,805.2/yr
Listed: Yesterday

Rooms

Flat

Living room: 5.76 x 3.9 meters
Dining room: 5.76 x 3.9 meters
Kitchen: 5.76 x 3.9 meters
Primary Bedroom: 3.96 x 3.35 meters
Other: 3.84 x 2.13 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, Whirlpool, Dishwasher, Oven, Dryer, Cooktop, Hood Fan
Flooring: Hardwood
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$770

List price

$500K

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 1 day, which is 56 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · AARON JACOBSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $499,900, about 5.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 7% 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)

$499,900· $770/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$234/mo

Condo fee$546/mo

Total monthly$3,413

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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