1223-230 King Street, Toronto, ON
Moss Park, Toronto · MLS® C13572034
About this home
Bank on falling in love with this one.Originally built in 1908 as the Imperial Bank of Canada, King's Court is one of the St. Lawrence Market neighbourhood's most iconic heritage buildings, where timeless architecture meets modern downtown living.This spacious one bedroom suite with parking and locker offers a smart, functional layout designed to make the most of every square foot. The east-facing bedroom easily accommodates a king size bed with room for nightstands and a dresser, while the generous living room walks out to a large private balcony. The kitchen features newer full size stainless steel appliances, ample cabinetry, generous prep space, and a breakfast bar. A separate dining area comfortably doubles as a home office, and the dedicated laundry room provides valuable extra storage.Beautifully renovated common areas and an elegant heritage lobby welcome you home each day, while maintenance fees include all utilities, making monthly budgeting simple.Residents enjoy outstanding amenities, including a 24-hour concierge, top floor fitness centre, hot tub, sauna, party room with kitchen, guest suites, visitor parking, and two rooftop terraces with gardens and BBQs.Everyday convenience is built right in, with Black Canary Coffee and a convenience store connected directly to the building. Outside your door, you'll find the King streetcar, St. Lawrence Market, the Distillery District, George Brown College, Sugar Beach, the Financial District, and countless cafés, restaurants, and shops. With easy access to Union Station, the Gardiner Expressway, and the Don Valley Parkway, this is downtown living at its best.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13572034
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- KING ST E / SHERBOURNE ST
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Maintenance
- $737/mo
- Exposure
- East
- Property tax
- $2,866 / 2026
- Days on market
- 1
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
laminate · closet
laminate · combined w/dining · w/o to balcony
marble floor · breakfast bar · stainless steel appl
laminate · combined w/living · open concept
laminate · large closet · window
Listed at $495,555, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $530K, 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 $485K
- Adjusts to $485K
That comparable adjusts to $485K; the $461K estimate above is the median of all 13 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 Market Lane Junior and Senior 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 East at Sherbourne St 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 $461K, median of 13 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.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 1% above the area average of $896/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Moss Park, 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: King St East at Sherbourne St, about 4 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 $396,444 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,116
- Property tax
- $239
- Condo / maintenance fees
- $737
- Heating
- $0
- Estimated monthly cost
- $3,091
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,386
- Toronto municipal land transfer tax
- $6,386
- Estimated closing costs
- $12,772
Plus your down payment of $99,111. 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
- $126,934
- Principal paid down
- $50,487
- Interest paid
- $76,447
- Balance remaining
- $345,957
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.