PH1411-629 King St W Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13124260

$789,999
For Sale
Listed 65 days ago
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1Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

This stunning penthouse suite at 629 King St W offers sophisticated urban living with unmatched views and thoughtful design. Spanning 792 sq. ft. (713 sq. ft. interior + 79 sq. ft. balcony), this one-bedroom, two-bathroom residence features floor-to-ceiling windows that flood the space with natural light from morning to night, showcasing breathtaking northwest views and unforgettable summer sunsets.The open-concept layout is anchored by a modern kitchen complete with full-sized appliances and a generous islandperfect for everyday living or entertaining. The renovated bathrooms include a stylish Muti vanity and LED mirrors, while custom built-ins provide added functionality and flair.Step onto the spacious balcony equipped with a gas BBQ hook-up, and soak in the vibrant energy of King West belowhome to Torontos newest hotspots including Earls, King Taps, and the upcoming Equinox gym and Wholefoods.With a Walk Score of 98, everything is within reach: grocery stores, coffee shops, fitness studios, and easy TTC access. Plus, the future Ontario Line and King station will further elevate connectivity.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13124260
Bedrooms
1
Bathrooms
2 (1 half)
Size
700-799
Cross streets
King/Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$779/mo
Exposure
North
Property tax
$4,344 / 2025
Days on market
65
Listing brokerage
BREWING BROKERS REALTY INC.

Rooms

Primary BedroomMain4.52 × 2.51 m

3 pc ensuite · hardwood floor · w/o to balcony

Living RoomMain6.10 × 4.62 m

combined w/dining · hardwood floor · window floor to ceiling

Dining RoomMain6.10 × 4.62 m

combined w/living · hardwood floor · pot lights

KitchenMain6.10 × 4.62 m

centre island · hardwood floor · b/i bar

Moe’s TakeTeam Asgarian · Broker
Above comparables
$707Kest. value

Listed at $789,999, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $818K, a bit higher.

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 $699K
  • Bathrooms +$15K
  • Adjusts to $714K

That comparable adjusts to $714K; the $707K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is City 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 Bathurst St East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$650KGreat deal$790KOverpriced

Total price vs nearby homes. Fair value about $707K, median of 6 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 Waterfront Communities C1 · asking prices
$666kavg asking

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

420-399 Adelaide Street$650k3712-30 GRAND TRUNK Crescent$760k1111-77 Harbour Square$699k414-90 Stadium Road$620k2009-300 Front Street$600k

The 5 closest of 7 active listings nearby.

See all comparable homes
790kThis home650k760k699k620k600kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $599K
$1,054this home / sqft
65active listings nearby
65days on market

This home lists 12% above the area average of $940/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, 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

87/ 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 Bathurst St East Side, about 41 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
$998K
Church-Yonge Corridor
$574K
Annex
$1.39M
Mimico
$800K
Banbury-Don Mills
$500K

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 Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,601/mo
$167KIncome needed
4.7×Price ÷ income
$831Weekly 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.

76%mortgage
Mortgage $3,601Property tax $362Condo fee $779Total carry $4,741

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)
$3,373per month

Mortgage amount $631,999 · 4.14% over 25 years

$158,000Down payment (20.0%)
$631,999Loan before insurance
$0CMHC premium
$4,514Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,373
Property tax
$362
Condo / maintenance fees
$779
Heating
$0
Estimated monthly cost
$4,514

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

One-time closing costs

Ontario land transfer tax
$12,275
Toronto municipal land transfer tax
$12,275
Estimated closing costs
$24,550

Plus your down payment of $158,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,096/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

$379,775Total interest paid
$1,011,775Total of all payments
Principal $631,999 Interest $379,775
YearPrincipalInterestBalance
1$14,806$25,665$617,194
2$15,425$25,046$601,769
3$16,070$24,401$585,699
4$16,742$23,729$568,956
5$17,443$23,028$551,514
6$18,172$22,299$533,342
7$18,932$21,539$514,410
8$19,724$20,747$494,685
9$20,549$19,922$474,136
10$21,409$19,062$452,727
11$22,304$18,167$430,423
12$23,237$17,234$407,186
13$24,209$16,262$382,977
14$25,222$15,249$357,755
15$26,277$14,194$331,478
16$27,376$13,095$304,102
17$28,521$11,950$275,581
18$29,714$10,757$245,868
19$30,957$9,514$214,911
20$32,252$8,219$182,659
21$33,601$6,870$149,058
22$35,006$5,465$114,052
23$36,471$4,000$77,581
24$37,996$2,475$39,585
25$39,585$886$0

At the end of your 5-year term

Total paid over the term
$202,355
Principal paid down
$80,485
Interest paid
$121,870
Balance remaining
$551,514

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.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
1.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.6%
Gross yield
− Property tax $4,344− Condo fees $9,346− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,343

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

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