517-954 King Street, Toronto, ON

Niagara, Toronto · MLS® C13582696

$2,450/mo
For Lease
Listed 2 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to your very own loft in King West. Featuring soaring 16-foot ceilings and floor-to-ceiling windows, this one-bedroom, one-bathroom suite is flooded with natural light, creating an open atmosphere that feels both stylish and inviting. The spacious open-concept layout flows seamlessly onto a private balcony overlooking a peaceful courtyard and landscaped gardens, offering a quiet escape from the energy of the city. Upstairs, the loft-style bedroom provides the perfect separation between living and sleeping spaces, adding both privacy and functionality. Located in the iconic King West Village Lofts, one of the neighbourhood's original and most sought-after loft communities, this suite delivers authentic loft living with timeless character and modern comfort. Complete with parking, a locker, and all utilities included, this is city living made easy. Step outside and experience one of Toronto's most vibrant neighbourhoods. Enjoy morning coffee from local cafés, brunch at Mildred's Temple Kitchen, evenings at Stanley Park, strolls through Trinity Bellwoods, shopping and nightlife along West Queen West, and the convenience of Liberty Village just minutes away. With the King streetcar at your doorstep, Bathurst TTC nearby, and easy access across the city, every destination is within reach. This is more than a condo. It's the King West lifestyle you've been waiting for. Available furnished for an additional cost.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13582696
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King St W & Strachan Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North East
Days on market
2
Listing brokerage
FOX MARIN ASSOCIATES LTD.

Rooms

Primary BedroomSecond3.70 × 3.70 m

hardwood floor · closet · large window

Living RoomMain2.70 × 2.50 m

hardwood floor · w/o to balcony · large window

FoyerMain1.20 × 1.10 m

hardwood floor · open concept

BathroomSecond

tile floor · 4 pc ensuite · stone counters

KitchenMain3.60 × 3.50 m

hardwood floor · stone counters · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
In line
$2,309/moest. value

Listed at $2,450/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Niagara lately, landlords have been getting about 100% of asking and homes lease in about 18 days.

There were not many closely comparable homes right in Niagara, so I widened the search to the surrounding area.

Based on 61 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 61 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,100/mo
  • Adjusts to $2,100/mo

That comparable adjusts to $2,100/mo; the $2,309/mo estimate above is the median of all 61 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$2,184/moBelow market$2,500/moAbove market

Total price vs nearby homes. Fair value about $2,309/mo, median of 61 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. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Niagara · asking prices
$2,667avg asking

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

Ph15-955 Queen Street$2,700328-637 Lake Shore Boulevard$2,500612-5 Hanna Avenue$2,800

The 3 closest active listings nearby.

See all comparable homes
2,450This home2,7002,5002,800This home vs active comparables
Live market pulseActive comparables in Niagara · median list $3K
6active listings nearby
2days on market
100leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$3K
Bay Street Corridor
$2K
Church-Yonge Corridor
$3K
Annex
$2K
Moss Park
$2K

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 · 0.5 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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.

88%mortgage
Mortgage $11Property tax $2Total carry $13

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,960 · 4.14% over 25 years

$490Down payment (20.0%)
$1,960Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$25

Plus your down payment of $490. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/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

$1,178Total interest paid
$3,138Total of all payments
Principal $1,960 Interest $1,178
YearPrincipalInterestBalance
1$46$80$1,914
2$48$78$1,866
3$50$76$1,816
4$52$74$1,764
5$54$71$1,710
6$56$69$1,654
7$59$67$1,595
8$61$64$1,534
9$64$62$1,470
10$66$59$1,404
11$69$56$1,335
12$72$53$1,263
13$75$50$1,188
14$78$47$1,109
15$81$44$1,028
16$85$41$943
17$88$37$855
18$92$33$763
19$96$30$666
20$100$25$566
21$104$21$462
22$109$17$354
23$113$12$241
24$118$8$123
25$123$3$0

At the end of your 5-year term

Total paid over the term
$628
Principal paid down
$250
Interest paid
$378
Balance remaining
$1,710

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOX MARIN ASSOCIATES LTD.. MLS®/PropTx.

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