704-393 King Street W Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13588902

$399,999
For Sale
Listed 1 day ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Rarely offered! Spacious 1 Bedroom + Large Enclosed Den offering almost 900 sq. ft. of functional living space in the heart of downtown Toronto. The versatile den features a full door, making it ideal as a second bedroom, private home office, nursery, or guest room. Enjoy a bright open-concept layout with generous principal rooms, a modern kitchen with ample cabinetry, and an oversized primary bedroom with excellent closet space.Complete with one parking space and one locker, this well-appointed suite offers exceptional value for buyers seeking more space without compromising on location. An outstanding opportunity for professionals, first-time buyers, downsizers, or investors looking for a larger-than-average condominium with a flexible floor plan in one of Toronto's most desirable neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13588902
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
King/Spadina
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Maintenance
$1,114/mo
Exposure
East
Property tax
$3,246 / 2026
Days on market
1
Listing brokerage
RE/MAX PREMIER INC.

Rooms

Living RoomMain4.24 × 2.74 m

wood · large window

DenMain3.83 × 2.30 m

Wood

KitchenMain2.20 × 2.00 m

open concept · breakfast bar

Dining RoomMain3.57 × 3.00 m

wood · open concept

Primary BedroomMain4.54 × 2.00 m

wood · large closet

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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 Ogden 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.

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. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$517kavg asking

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

3303-361 Front Street$489k902-20 Blue Jays Way$500k551-10 Capreol Court$518k1006-17 Bathurst Street$520k1606-75 Queens Wharf Road$559k

The 5 closest of 8 active listings nearby.

See all comparable homes
400kThis home489k500k518k520k559kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $619K
$534this home / sqft
65active listings nearby
1days on market
100sold nearby · 90 days
$624Kmedian sold price
96%of asking, on average

0 days faster than the Toronto average (1 days).

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.

Nearby neighbourhoods

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

Niagara
$701K
Bay Street Corridor
$471K
Church-Yonge Corridor
$627K
Waterfront Communities C8
$719K
Moss Park
$519K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$1,823/mo
$103KIncome needed
3.9×Price ÷ income
$421Weekly 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.

57%mortgage
Mortgage $1,823Property tax $270Condo fee $1,114Total carry $3,208

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)
$1,708per month

Mortgage amount $319,999 · 4.14% over 25 years

$80,000Down payment (20.0%)
$319,999Loan before insurance
$0CMHC premium
$3,092Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,708
Property tax
$271
Condo / maintenance fees
$1,114
Heating
$0
Estimated monthly cost
$3,092

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

One-time closing costs

Ontario land transfer tax
$4,475
Toronto municipal land transfer tax
$4,475
Estimated closing costs
$8,950

Plus your down payment of $80,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,291Total interest paid
$512,290Total of all payments
Principal $319,999 Interest $192,291
YearPrincipalInterestBalance
1$7,496$12,995$312,503
2$7,810$12,682$304,693
3$8,137$12,355$296,556
4$8,477$12,015$288,079
5$8,832$11,660$279,247
6$9,201$11,291$270,046
7$9,586$10,906$260,460
8$9,987$10,505$250,473
9$10,405$10,087$240,069
10$10,840$9,652$229,229
11$11,293$9,198$217,936
12$11,766$8,726$206,170
13$12,258$8,234$193,912
14$12,771$7,721$181,142
15$13,305$7,187$167,837
16$13,861$6,630$153,976
17$14,441$6,051$139,535
18$15,045$5,447$124,490
19$15,674$4,817$108,815
20$16,330$4,162$92,485
21$17,013$3,479$75,472
22$17,725$2,767$57,748
23$18,466$2,026$39,282
24$19,238$1,253$20,043
25$20,043$448$0

At the end of your 5-year term

Total paid over the term
$102,458
Principal paid down
$40,752
Interest paid
$61,706
Balance remaining
$279,247

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
2.1%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.

7.2%
Gross yield
− Property tax $3,246− Condo fees $13,368− Insurance $600− Vacancy & upkeep $3,168Net operating income $8,418

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

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