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    1105 - 705 King St W

    For SaleThe Summit II Condos
    $589,000
    1 Bed + 1
    1 Bath
    1 Parking
    818 SQFT
    2 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $792/mth
    Taxes:
    $2,425 (2024)
    Cost Per Sqft:
    $720/sqft
    Locker:
    Ensuite
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    30/60/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Heat Pump

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Combined with Dining
    10.99 x 16.18ft
    Dining
    Hardwood Floor, Open Concept, Combined with Living
    10.99 x 16.18ft
    Kitchen
    Modern Kitchen, Stainless Steel Appliances, Quartz Counter
    9.15 x 7.09ft

    About this Listing

    Welcome to 705 King St. w. where space, style, and functionality come together in one of Toronto's most vibrant neighbourhoods. This unusually spacious 818 sq. ft. 1-bedroom + den suite offers a bright, open-concept layout thanks to the removed solarium walls, creating a more modern and airy feel throughout. You'll love the updated kitchen featuring stainless steel appliances, quartz counter-tops, and a sleek breakfast bar perfect for casual meals or entertaining guests. The renovated bathroom is fresh and contemporary, adding to the overall comfort of the space. The former solarium now functions beautifully as a home office, reading nook, or creative corner, ideal for today's work-from-home lifestyle. The generous primary bedroom features floor-to-ceiling windows and easily fits a king-sized bed with room to spare. Storage won't be a problem here as this unit includes a custom built-in closet in the bedroom, a large coat closet and a pantry, and even a built-in locker for all your extra gear. ll this in a well-managed building with top-notch amenities, just steps to existing transit and future Ontario line, shops, restaurants, and the best of downtown living. Incredible value at only $720/sqft. Maintenance fees includes High-Speed Internet. Welcome home!

    royal lepage connect realtyMLS® #C12012856


    Amenities

    Indoor Pool
    Indoor Parking
    Games Room
    Sauna
    Rooftop Deck
    BBQs Allowed

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    The Summit II Condos vs The King West Area

    Days on Strata

    Units at The Summit II Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    11.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    70th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    The Summit II Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    The Summit II Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    The Summit II Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    The Summit II Condos is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 705 King Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$405,000$590,000$550,000 - $635,000$790,000$750,000
    Avg. Cost Per Sqft$1,117$735$810$641$879
    Avg. Wait for Unit Availability124 Days248 Days47 Days772 Days174 Days
    Ratio of Units in Building26%14%46%5%12%

    Transactions vs Inventory

    Total number of units listed and sold in King West