837-1029 King Street, Toronto, ON

Niagara, Toronto · MLS® C13426478

$699,900
For Sale
Listed 37 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Gorgeous King West south-facing 1 bedroom, 2 storey suite with balcony and amazing rooftop terrace! Fabulous, light-filled, open-concept main floor features a soaring 17-foot ceiling and walkout to the sun-drenched balcony. Updated kitchen with quartz counters, stainless steel appliances, and a breakfast bar. Loft Bedroom W/ a walk-in closet, four-piece bath and ensuite laundry. Updated flooring throughout. Steps away from Liberty Village, Queen West, shops, restaurants, Trinity Bellwoods, CNE and TTC. Gym, media room, and party room all recently upgraded. Electra Lofts is an intimate, well-managed and well-maintained boutique building with an amazing community feel. All utilities included. Roof top terrace alone is worth the price of admission. This highly functional, 745 sq. ft. unit should not be missed!

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13426478
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
King West & Shaw
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Maintenance
$627/mo
Exposure
South
Property tax
$3,273 / 2025
Days on market
37
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

KitchenGround1.52 × 4.94 m

open concept · stainless steel appl · stone counters

Living RoomGround4.83 × 1.88 m

window floor to ceiling · w/o to balcony · combined w/dining

Primary BedroomUpper3.50 × 3.03 m

4 pc ensuite · walk-in closet(s) · window floor to ceiling

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$633Kest. value

Listed at $699,900, this home is tracking about 11% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($934/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 78 similar homes nearby, adjusted for size, beds, and baths.Median of 78 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $670K, a close match.

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 $718K
  • Bedrooms −$30K
  • Adjusts to $688K

That comparable adjusts to $688K; the $633K estimate above is the median of all 78 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.

Its public catchment (Givins/Shaw Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. King St West at Shaw 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
$594KGreat deal$700KOverpriced

Total price vs nearby homes. Fair value about $633K, median of 78 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Niagara · asking prices
$593kavg asking

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

1603-705 King Street$599k1106-75 East Liberty Street$599k1112-30 Ordnance Street$620k2309-50 Ordnance Street$600k716-85 East Liberty Street$545k

The 5 closest of 8 active listings nearby.

See all comparable homes
700kThis home599k599k620k600k545kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $578K
$934this home / sqft
83active listings nearby
37days on market

This home lists 3% above the area average of $909/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

Niagara, 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 Shaw St East Side, about 44 m away

20+ transit stops16 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 C1
$694K
Waterfront Communities C8
$998K
Church-Yonge Corridor
$574K
Annex
$1.39M
Mimico
$800K

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 Givins/Shaw Junior Public School
81%
Givins/Shaw Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$3,190/mo
$145KIncome needed
4.8×Price ÷ income
$736Weekly 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.

78%mortgage
Mortgage $3,190Property tax $273Condo fee $627Total carry $4,090

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)
$2,988per month

Mortgage amount $559,920 · 4.14% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$3,888Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,988
Property tax
$273
Condo / maintenance fees
$627
Heating
$0
Estimated monthly cost
$3,888

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

One-time closing costs

Ontario land transfer tax
$10,473
Toronto municipal land transfer tax
$10,473
Estimated closing costs
$20,946

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,629/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

$336,462Total interest paid
$896,382Total of all payments
Principal $559,920 Interest $336,462
YearPrincipalInterestBalance
1$13,117$22,738$546,803
2$13,666$22,190$533,137
3$14,237$21,618$518,900
4$14,833$21,022$504,067
5$15,453$20,402$488,614
6$16,100$19,756$472,514
7$16,773$19,082$455,741
8$17,475$18,381$438,267
9$18,206$17,650$420,061
10$18,967$16,888$401,094
11$19,760$16,095$381,334
12$20,587$15,268$360,747
13$21,448$14,407$339,299
14$22,345$13,510$316,953
15$23,280$12,575$293,673
16$24,254$11,602$269,420
17$25,268$10,587$244,152
18$26,325$9,530$217,826
19$27,426$8,429$190,400
20$28,573$7,282$161,827
21$29,769$6,087$132,058
22$31,014$4,841$101,044
23$32,311$3,544$68,733
24$33,663$2,193$35,071
25$35,071$785$0

At the end of your 5-year term

Total paid over the term
$179,276
Principal paid down
$71,306
Interest paid
$107,971
Balance remaining
$488,614

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
2.0%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.

4.1%
Gross yield
− Property tax $3,273− Condo fees $7,524− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,235

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

CallRequest a showing