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New25 minutes ago

1207 - 629 King Street W

Waterfront Communities C1, Toronto

$490,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Welcome to 629 King St W, ideally positioned in the heart of one of Toronto's most vibrant and sought-after neighborhoods. This beautifully maintained 575 sq. ft. suite offers an efficient, functional layout plus a 75 sq. ft. balcony with clear south-facing views. Perched on the 12th floor, the suite rises above the neighboring building, providing excellent natural light and an open outlook rarely found in the heart of King West. Professionally painted and cleaned, with new flooring installed approximately two years ago, the unit shows beautifully and feels virtually brand new. Step outside and experience everything King West has to offer. Some of Toronto's best restaurants, cafés, nightlife, fitness studios and shopping are at your doorstep, with Queen West, Trinity Bellwoods, The Well, Stackt Market, the Entertainment District and the waterfront all within easy walking distance. The 504 King streetcar provides convenient access across downtown, while the Gardiner Expressway is only minutes away. Adding significant future connectivity is the new Ontario Line King-Bathurst subway station currently under construction just steps from the building. Once complete, residents will have rapid-transit access at the neighborhood's doorstep, connecting King West directly into Toronto's expanding subway network and further strengthening this already exceptional downtown location. An outstanding opportunity to own a turnkey suite in a neighborhood that combines lifestyle, walkability, transit and long-term appeal.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$544
LockerNone
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,145
mls© NumberC13738736
Listed ByHAZELTON REAL ESTATE INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Water Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,508
Property tax
$262
Heat allowance
$150
Condo fees, half counted
$272
Housing costs
$3,192 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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