708-560 King Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13576270

$689,800
For Sale
Just listed today
2Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Exceptional Opportunity in the Heart of King West!Welcome to this stunning 728 sq. ft. 1 Bedroom + Den suite-one of the largest and most desirable layouts in its category. Offering a bright, open-concept design with spectacular unobstructed views of the Toronto skyline and the iconic CN Tower, this beautifully appointed residence combines contemporary style with exceptional functionality.Featuring soaring exposed concrete ceilings and expansive floor-to-ceiling windows, the suite is filled with natural light and showcases breathtaking city views from the main living area. The modern European style kitchen is thoughtfully designed with a large quartz waterfall island, matching quartz backsplash, sleek contemporary cabinetry, premium stainless steel appliances, and ample workspace-perfect for everyday living and entertaining.Elegant hardwood flooring extends throughout the entire suite, seamlessly complementing the modern finishes and creating a warm, sophisticated atmosphere. The versatile den is ideal as a home office, guest room, or nursery.Enjoy your morning coffee or unwind in the evening while taking in the panoramic skyline views from your private balcony. The suite also includes one locker for additional storage.Residents enjoy exceptional building amenities, including a spectacular infinity outdoor pool, state-of-the-art fitness facilities, 24-hour concierge, stylish resident lounges, and more.Located in the heart of vibrant King West, you'll be just steps from Toronto's finest restaurants, cafés, boutique shopping, nightlife, theatres, parks, and the TTC streetcar right at your doorstep, offering effortless access to the Financial District, Entertainment District, and the city's best attractions.A rare opportunity to own one of the largest 1+Den floor plans in one of Toronto's most sought-after neighbourhoods, offering breathtaking skyline views, premium finishes, and an unbeatable urban lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13576270
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
0-499
Cross streets
King & Portland
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$675/mo
Exposure
East
Property tax
$3,340 / 2025
Listing brokerage
Sotheby's International Realty Canada, Brokerage

Rooms

Primary BedroomGround3.02 × 3.84 m

sliding doors · east view · 6 pc bath

Living RoomGround3.35 × 7.80 m

hardwood floor · combined w/dining · w/o to balcony

KitchenGround3.50 × 3.20 m

stainless steel appl · breakfast bar

DenGround2.99 × 3.23 m

hardwood floor · open concept

Dining RoomGround3.35 × 7.80 m

hardwood floor · combined w/living · east view

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is City 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 Portland St East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$459kavg asking

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

4908-12 York Street$550k3210-375 King Street$529k3501-8 Widmer Street$388k220-169 Fort York Boulevard$369k

The 4 closest active listings nearby.

See all comparable homes
690kThis home550k529k388k369kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $469K
$2,765this home / sqft
11active listings nearby
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

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 Portland St East Side, about 41 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
$1.19M
Church-Yonge Corridor
$577K
Annex
$1.57M
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 Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,144/mo
$145KIncome needed
4.8×Price ÷ income
$726Weekly 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.

77%mortgage
Mortgage $3,144Property tax $278Condo fee $675Total carry $4,097

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)
$2,945per month

Mortgage amount $551,840 · 4.14% over 25 years

$137,960Down payment (20.0%)
$551,840Loan before insurance
$0CMHC premium
$3,898Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,945
Property tax
$278
Condo / maintenance fees
$675
Heating
$0
Estimated monthly cost
$3,898

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

One-time closing costs

Ontario land transfer tax
$10,271
Toronto municipal land transfer tax
$10,271
Estimated closing costs
$20,542

Plus your down payment of $137,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,577/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

$331,607Total interest paid
$883,447Total of all payments
Principal $551,840 Interest $331,607
YearPrincipalInterestBalance
1$12,928$22,410$538,912
2$13,468$21,869$525,444
3$14,032$21,306$511,412
4$14,619$20,719$496,793
5$15,230$20,108$481,563
6$15,867$19,471$465,696
7$16,531$18,807$449,165
8$17,222$18,115$431,942
9$17,943$17,395$413,999
10$18,693$16,645$395,306
11$19,475$15,863$375,831
12$20,290$15,048$355,541
13$21,139$14,199$334,402
14$22,023$13,315$312,380
15$22,944$12,394$289,436
16$23,904$11,434$265,532
17$24,904$10,434$240,628
18$25,945$9,393$214,683
19$27,030$8,307$187,653
20$28,161$7,177$159,491
21$29,339$5,999$130,152
22$30,566$4,772$99,586
23$31,845$3,493$67,741
24$33,177$2,161$34,565
25$34,565$773$0

At the end of your 5-year term

Total paid over the term
$176,689
Principal paid down
$70,277
Interest paid
$106,412
Balance remaining
$481,563

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$3,000/mo
$36,000Gross annual rent
2.9%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.

5.2%
Gross yield
− Property tax $3,340− Condo fees $8,100− Insurance $600− Vacancy & upkeep $3,960Net operating income $20,000

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Sotheby's International Realty Canada, Brokerage. MLS®/PropTx.

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