2903-375 King Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13222816

$1,299,900
For Sale
Listed 46 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Upgraded designer two bedroom plus den condo at M5V Condos, in the central King West area. Large 1,358 sq ft interior + 195 sq ft over two balconies. ***** So many unique features, such as: private locker room beside unit, gas cooktop, gas bbq outlet, two balconies, bathroom window, huge primary bedroom, office with built-ins, and a nice entry to display all your artwork. ***** Den/office with built-in desks and cabinets. Split bedroom layout (second bedroom used as living space). Primary bedroom with huge walk-in closet, balcony, and a 5-pc ensuite bathroom with natural lighting! Chef's dream kitchen with gas cooktop, Scavolini cabinetry, pantry room, and kitchen island. Vitsoe Custom Shelving (worth $20k), designer light fixture, Napoleon gas bbq, imported entryway mirrors from Italy (worth $15k) are all included. Amenities include: huge gym with free weights and cardio, Peloton studio with bikes and row, guest suite, rooftop terrace and games/party room, 4th floor indoor bike lockers, 24 concierge, and free visitor parking. Lake views in the south, and rare BBQ gas hookup. Central King West is in the heart of all the action: top restaurants, cafes, bars, grocery stores, and walking distance to the Financial District. Close to St. Lawrence Market, Harbourfront, PATH underground access, and public transit, offering convenient city living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13222816
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
King and Spadina
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$1,343/mo
Exposure
South East
Property tax
$6,568 / 2026
Days on market
46
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

OtherFlat6.40 × 1.80 m

balcony · concrete floor · east view

Dining RoomFlat5.79 × 5.31 m

hardwood floor · combined w/living · south view

Bedroom 2Flat3.53 × 2.79 m

hardwood floor · large closet · south view

BedroomFlat4.80 × 3.91 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

KitchenFlat5.26 × 3.99 m

hardwood floor · stainless steel appl · centre island

OtherFlat3.67 × 1.78 m

balcony · concrete floor · south view

Living RoomFlat5.79 × 5.31 m

hardwood floor · b/i bookcase · w/o to balcony

DenFlat2.77 × 3.02 m

hardwood floor · b/i desk · b/i shelves

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.15Mest. value

Listed at $1,299,900, this home is about 13% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,000/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.31M, 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 $1.05M
  • Adjusts to $1.05M

That comparable adjusts to $1.05M; the $1.15M estimate above is the median of all 8 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 Ogden Junior 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 Peter St West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.08MGreat deal$1.30MOverpriced

Total price vs nearby homes. Fair value about $1.15M, median of 8 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.26Mavg asking

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

3509-35 Mariner Terrace$1.14M325-30 Nelson Street$1.05M1203-33 University Avenue$893kPH02-608 Richmond Street$1.95M

The 4 closest active listings nearby.

See all comparable homes
1.30MThis home1.14M1.05M893k1.95MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $1.05M
$1,000this home / sqft
15active listings nearby
46days on market

This home lists 2% above the area average of $980/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

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 Peter St West Side, about 43 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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$5,925/mo
$272KIncome needed
4.8×Price ÷ income
$1,367Weekly 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 $5,925Property tax $547Condo fee $1,343Total carry $7,815

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)
$5,549per month

Mortgage amount $1,039,920 · 4.14% over 25 years

$259,980Down payment (20.0%)
$1,039,920Loan before insurance
$0CMHC premium
$7,440Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,549
Property tax
$547
Condo / maintenance fees
$1,343
Heating
$0
Estimated monthly cost
$7,440

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

One-time closing costs

Ontario land transfer tax
$22,473
Toronto municipal land transfer tax
$22,473
Estimated closing costs
$44,946

Plus your down payment of $259,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,740/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

$624,900Total interest paid
$1,664,820Total of all payments
Principal $1,039,920 Interest $624,900
YearPrincipalInterestBalance
1$24,362$42,231$1,015,558
2$25,381$41,212$990,178
3$26,442$40,150$963,735
4$27,548$39,044$936,187
5$28,701$37,892$907,486
6$29,901$36,692$877,585
7$31,152$35,441$846,433
8$32,455$34,138$813,978
9$33,813$32,780$780,165
10$35,227$31,366$744,938
11$36,700$29,892$708,238
12$38,235$28,357$670,002
13$39,835$26,758$630,168
14$41,501$25,092$588,666
15$43,237$23,356$545,429
16$45,046$21,547$500,384
17$46,930$19,663$453,454
18$48,893$17,700$404,562
19$50,938$15,655$353,624
20$53,068$13,524$300,555
21$55,288$11,305$245,267
22$57,601$8,992$187,666
23$60,010$6,583$127,656
24$62,520$4,072$65,136
25$65,136$1,457$0

At the end of your 5-year term

Total paid over the term
$332,964
Principal paid down
$132,434
Interest paid
$200,530
Balance remaining
$907,486

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$4,100/mo
$49,200Gross annual rent
1.6%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.

3.8%
Gross yield
− Property tax $6,568− Condo fees $16,119− Insurance $600− Vacancy & upkeep $5,412Net operating income $20,501

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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