519-700 King Street, Toronto, ON

Niagara, Toronto · MLS® C13599268

$549,900
For Sale
Just listed today
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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®
C13599268
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
$76,369/mo
Exposure
South
Property tax
$2,808 / 2026
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.
Our TakeTeam Asgarian · Broker
Below comparables
$622Kest. value

Listed at $549,900, and my independent estimate is about 12% below comparable homes, worth a close look.

In Niagara lately, sellers get about 96% of asking; homes sell in ~37 days.

List price
$550KGreat deal$681KOverpriced

Total price vs nearby homes. Fair value about $622K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $611K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Niagara · asking prices
$642kavg asking

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

3211-215 FORT YORK Boulevard$650k2303-80 Western Battery Road$718k2211-51 East Liberty Street$590k507-600 Fleet Street$600k1705-20 Bruyeres Mews$650k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home650k718k590k600k650kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $588K
$734this home / sqft
64active listings nearby
100sold nearby · 90 days
$604Kmedian sold price
96%of asking, on average

This home lists 16% below the area average of $871/sqft.

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.

Nearby neighbourhoods

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

Waterfront Communities C1
$604K
Bay Street Corridor
$560K
Church-Yonge Corridor
$587K
Moss Park
$490K
Mimico
$541K

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
$2,506/mo
$1538KIncome needed
0.4×Price ÷ income
$578Weekly 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.

3%mortgage
Mortgage $2,506Property tax $234Condo fee $76,369Total carry $79,109

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$78,951Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$234
Condo / maintenance fees
$76,369
Heating
$0
Estimated monthly cost
$78,951

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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
-162.6%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.

5.2%
Gross yield
− Property tax $2,808− Condo fees $916,428− Insurance $600− Vacancy & upkeep $3,168Net operating income $-894,204

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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