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1 / 0
New6 days ago

1202 - 705 King Street W

Niagara, Toronto

$449,900

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

**BEST PRICE at The Summit** An exceptionally well-maintained building* This 1+1 bedroom condo end unit offers quiet, comfortable living in the heart of King West* Filled with natural light and east-facing city views, this spacious suite features a renovated kitchen with new stainless steel appliances, a versatile den currently used as a dining area and convenient ensuite storage* Enjoy fantastic building amenities, including indoor and outdoor pools (the highlight in the summer is the sundeck and outdoor pool), a gym, squash courts, theatre room with a 120" Television and games rooms, peaceful outdoor spaces with BBQs, visitor parking and 24-hour concierge/security* A 24-hour grocery store downstairs, the TTC at your front door plus parks, restaurants, Queen West, Ossington, theatres, Rogers Centre and the Entertainment District all nearby* Everything you need is a short walk away* Minutes from the Gardiner* Surrounded by a friendly, dog-friendly neighbourhood* This is downtown living without sacrificing comfort or convenience* Mtc. Fee includes Internet* Exclusive use of parking space available for $80/month (NOT mandatory), Exclusive Use of Storage Locker for Monthly Rental Fee (i.e. Medium Storage Locker is $55/mth)* Buyer to confirm all measurements* See attached Floor Plan*

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$571
LockerEnsuite+Exclusive
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,517
mls© NumberC13698444
Listed ByCHOICE REALTY LTD.
Common Elements Included
Water Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,303
Property tax
$210
Heat allowance
$150
Condo fees, half counted
$285
Housing costs
$2,948 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,980
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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