519-700 King Street, Toronto, ON

Niagara, Toronto · MLS® C13557856

$499,900
For Sale
Listed 4 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

**Welcome to the prestigious Clocktower Lofts in the heart of King West!** This stunning suite offers **707 sq. ft.** of thoughtfully designed living space, featuring **2 bedrooms,** and impressive **11.5-foot ceilings** that create a bright and airy atmosphere. The spacious living room boasts elegant hardwood flooring, oversized windows that flood the space with natural light, and beautiful south-facing views. The open-concept kitchen is equipped with a breakfast bar and appliances, and seamlessly connects to the dining area-perfect for everyday living and entertaining. The primary bedroom offers brand-new carpeting, a generous walk-in closet, and a 4-piece ensuite. A well-appointed second bedroom with stylish sliding doors provides flexibility for guests, a home office, or living space. This unit also includes **one underground parking space** and **one storage locker**. Residents enjoy an exceptional selection of amenities, including **24-hour concierge service, a rooftop terrace with BBQ facilities, fitness centre, sauna, party and meeting rooms, visitor parking**, and much more. Experience stylish urban living in one of King West's most sought-after loft buildings.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13557856
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
King and Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$764/mo
Exposure
South
Property tax
$2,808 / 2026
Days on market
4
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Primary BedroomFlat3.93 × 2.19 m

laminate · double closet

Dining RoomFlat5.26 × 4.74 m

south view · large window

Bedroom 2Flat2.96 × 2.45 m

laminate · double closet

KitchenFlat5.26 × 4.74 m

open concept · ceramic floor

Living RoomFlat5.26 × 4.74 m

laminate · large window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$648Kest. value

Listed at $499,900, this home is about 23% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $576K, 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 $718K
  • Adjusts to $718K

That comparable adjusts to $718K; the $648K estimate above is the median of all 29 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.

List price
$500KGreat deal$675KOverpriced

Total price vs nearby homes. Fair value about $648K, median of 29 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.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Niagara · asking prices
$505kavg asking

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

903-725 King Street$499k303-725 King Street$490k1606-50 Lynn Williams Street$515k1010-50 Lynn Williams Street$480k1507-135 East Liberty Street$539k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home499k490k515k480k539kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $579K
$667this home / sqft
66active listings nearby
4days on market

This home lists 24% below the area average of $874/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: Bathurst St at King St West, about 36 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 C1
$672K
Waterfront Communities C8
$1.24M
Church-Yonge Corridor
$590K
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 Niagara Street Junior Public School
82%
Niagara Street Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$2,278/mo
$112KIncome needed
4.5×Price ÷ income
$526Weekly 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.

70%mortgage
Mortgage $2,278Property tax $234Condo fee $764Total carry $3,276

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,132Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$234
Condo / maintenance fees
$764
Heating
$0
Estimated monthly cost
$3,132

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
2.6%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.

5.8%
Gross yield
− Property tax $2,808− Condo fees $9,164− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,060

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

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