1703-1 King Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C12771002

$4,000/mo
For Lease
Listed 158 days ago
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1Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

*** Additional Listing Details - Click Brochure Link *** Elevated Executive Living in the Heart of Toronto - 1 King St WDiscover refined urban living at its finest in this newly renovated executive residence, perfectly positioned within Toronto's prestigious Financial District. Located at the iconic One King West Hotel & Residence. This luxurious suite offers an exceptional lifestyle for professionals seeking elegance, comfort, and connectivity to the PATH. All-Inclusive Living - Utilities and high-speed WiFi included Prime Downtown Location - Direct underground access to the PATH, steps from top-tier offices, dining, transit, and shopping Brand New Interior - Thoughtfully redesigned with premium finishes, sleek lines, and contemporary style Unique, Spacious & Bright Unit - Extremely rare unit, Approx. 800 sq. ft. of open-concept living, complemented by a private 200 sq. ft. rooftop terrace Furnished - Curated furnishings provide comfort and functionality while allowing for personalization. Valet Parking Available at cost

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12771002
Bedrooms
1
Bathrooms
2 (1 half)
Size
800-899
Cross streets
Yonge and King Street
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
None
Exterior
Concrete, Concrete Block
Exposure
North West
Days on market
158
Listing brokerage
ROBIN HOOD REALTY LIMITED
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,124/moest. value

Listed at $4,000/mo, this rental is about 28% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 23 similar rentals nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3,400/mo
  • Bedrooms −$150/mo
  • Adjusts to $3,250/mo

That comparable adjusts to $3,250/mo; the $3,124/mo estimate above is the median of all 23 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. King St West at Jordan St East Side - King Station is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3,024/moBelow market$4,000/moAbove market

Total price vs nearby homes. Fair value about $3,124/mo, median of 23 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$1,863avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

502-763 Bay Street$2,6001501, Master Bedroom-57 St Joseph Street$2,000815-7 Grenville Street$1,3501501, 2nd Bedroom-57 St Joseph Street$1,500

The 4 closest active listings nearby.

See all comparable homes
4,000This home2,6002,0001,3501,500This home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $3K
39active listings nearby
158days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Bay Street Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

88/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: King St West at Jordan St East Side - King Station, about 26 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$3K
Waterfront Communities C1
$3K
Church-Yonge Corridor
$2K
Dovercourt-Wallace Emerson-Junction
$2K
Mimico
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $18Property tax $3Total carry $21

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17per month

Mortgage amount $3,200 · 4.14% over 25 years

$800Down payment (20.0%)
$3,200Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,923Total interest paid
$5,123Total of all payments
Principal $3,200 Interest $1,923
YearPrincipalInterestBalance
1$75$130$3,125
2$78$127$3,047
3$81$124$2,966
4$85$120$2,881
5$88$117$2,792
6$92$113$2,700
7$96$109$2,605
8$100$105$2,505
9$104$101$2,401
10$108$97$2,292
11$113$92$2,179
12$118$87$2,062
13$123$82$1,939
14$128$77$1,811
15$133$72$1,678
16$139$66$1,540
17$144$61$1,395
18$150$54$1,245
19$157$48$1,088
20$163$42$925
21$170$35$755
22$177$28$577
23$185$20$393
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,025
Principal paid down
$408
Interest paid
$617
Balance remaining
$2,792

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROBIN HOOD REALTY LIMITED. MLS®/PropTx.

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