801-700 King Street, Toronto, ON
Niagara, Toronto · MLS® C13501992
About this home
This is it - your opportunity to own a true loft in the heart of King West for less than $700 a square foot! One of the largest units in the building at 925 sq ft, located on a high floor, with soaring 11.5 ft ceilings. A rare opportunity at this price point - come experience true open-concept living in this spacious 2-bed, 2-bath suite at one of Toronto's most iconic loft conversions - The Clocktower Lofts. This unit has been freshly painted and is is brimming with potential. The industrial-chic vibe is complemented by oversized warehouse windows, sliding bedroom doors and a beautiful, custom-built floor-to-ceiling bookcase, making it the perfect space for both relaxed living and stylish entertaining. Both bedrooms are generously sized and offer built-in closets, with the primary bedroom including a spacious 4-piece ensuite bathroom. The unit comes with a convenient, large locker located on the same floor in a room directly beside the front door. Moving in will be a snap with the service elevator being located directly across from the apartment entrance. Enjoy the convenience of exclusive building amenities, including a 24/7 Concierge, gym, and a rooftop w/ 360 views of downtown. This building is highly regarded as having some of the best service and management in the city. And if that isn't enough, the upcoming Ontario Line will bring a brand-new subway station to King and Bathurst, just steps from your front door - offering faster, more direct access to the entire city. Whether you're a homeowner or investor, this new transit hub boosts long-term value and lifestyle convenience. Located in the heart of King West, you're steps from the best restaurants, cafés, shops, and nightlife Toronto has to offer, with easy access to transit and the downtown core. Don't miss your chance to own a piece of Toronto loft history with size, character, and location all in one. Strategically priced for today's buyer.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13501992
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- King and Bathurst
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $962/mo
- Exposure
- North
- Property tax
- $3,491 / 2025
- Days on market
- 18
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
stainless steel appl · breakfast bar
4 Pc Ensuite
b/i closet · ceiling fan(s)
combined w/living · open concept · large window
large window · b/i bookcase · open concept
3 Pc Bath
b/i closet · ceiling fan(s)
Listed at $645,000, this home is about 22% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $743K, a bit lower.
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 $830K
- Adjusts to $830K
That comparable adjusts to $830K; the $830K estimate above is the median of all 5 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 Niagara Street 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. Bathurst St at King St West is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $830K, median of 5 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Elevator: rare and valuable for accessibility and resale.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 21% below the area average of $862/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Niagara, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bathurst St at King St West, about 36 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $516,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,754
- Property tax
- $291
- Condo / maintenance fees
- $962
- Heating
- $0
- Estimated monthly cost
- $4,006
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,375
- Toronto municipal land transfer tax
- $9,375
- Estimated closing costs
- $18,750
Plus your down payment of $129,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $165,214
- Principal paid down
- $65,713
- Interest paid
- $99,501
- Balance remaining
- $450,287
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.