$779,900

$829,900For salePrice drop↓ $50,000 (6%)

#708 650 King Street West Street West, Toronto (Waterfront Communities) - Single Family for Sale

#708 650 King Street West Street West, Toronto (Waterfront Communities), Ontario, M5V1M5

2 beds1 bath1 parking750 ft²$687/mo condo feeListed 43 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 43 days, fresher than the Toronto average of 57 days.

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Description

Postcard skyline views. Thousands spent on designer upgrades. King West living at its finest. Welcome to 650 King St W, where this stunning 2-bedroom, 1-bathroom loft pairs an exceptional layout with incredible east-facing city views. Floor-to-ceiling windows flood the space with natural light, showcasing new 7-inch wide-plank engineered hardwood floors, custom pot lights throughout, designer track lighting and Hunter Douglas custom roller blinds. The beautifully appointed kitchen features stainless steel appliances, upgraded cabinetry, a glass tile backsplash and an extended Carrara marble island with generous breakfast bar seating-perfect for entertaining or relaxed mornings at home. Frosted glass bedroom doors add a sleek, contemporary touch, while the bathroom features a deep soaker tub with a modern glass enclosure. Step onto your expansive 5' x 20' terrace, complete with a gas BBQ connection, and enjoy outdoor dining against a spectacular Toronto skyline backdrop. Building amenities include a gym, a ground-floor courtyard with seating and 24-hour security. All in the heart of vibrant King West, surrounded by dining, cafés, shopping and nightlife. A striking urban retreat with the views, finishes and outdoor space to match. (id:66096)

Property Details

MLS®: C13823774
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Garage, Underground
Condo Fee: $687/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,736.81/yr
Listed: 43 days ago

Rooms

Main level

Living room: 7.9 x 5.88 meters
Dining room: 7.9 x 5.88 meters
Kitchen: 2.5 x 2.5 meters
Primary Bedroom: 3.01 x 3.35 meters
Bedroom 2: 3.04 x 2.49 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, Dishwasher, Stove, Dryer, Blinds, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,041

List price

$780K

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 (Waterfront Communities) has been listed for 43 days, which is 14 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · FRANCO DINATALE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $779,900, about 8.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $152,342 (20% down, 25-yr amortization, stress-tested) — roughly 67% 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)

$779,900· $1,041/ft²

For sale

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Full Cost Breakdown

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Down Payment6.79% · $52,990

Min 6.79%50%

Mortgage payment$4,030/mo

↳ CMHC premium ($29,076 capitalized)

Property tax (est.)$311/mo

Condo fee$687/mo

Total monthly$5,029

Cash Needed to Close

Down payment (6.79%)$52,990

Land transfer tax$24,146

Est. closing costs$4,840

Total cash needed$81,976

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