1112-629 King Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13669418

$399,999
For Sale
Just listed today
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Stunning One-Bedroom Condo with Parking and Locker space at the Prestigious Thompson Residences in Prime King West. Welcome to this beautifully designed one-bedroom suite in the highly sought-after Thompson Residences. Featuring an exceptional layout with upscale finishes throughout, this unit boasts floor-to-ceiling windows, exposed concrete ceilings, and elegant hardwood flooring. The modern kitchen is equipped with built-in appliances, and offers a breathtaking view from the balcony. Additional highlights include a convenient stackable washer and dryer, and a luxurious spa-inspired bathroom with a sleek glass shower. The spacious primary bedroom features a large closet, providing ample storage. Residents also enjoy access to a top-tier fitness center. A perfect blend of style, comfort, and location in the heart of King West!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13669418
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King St W & Bathurst St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block, Brick
Maintenance
$635/mo
Exposure
North
Property tax
$3,445 / 2026
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
Below comparables
$438Kest. value

Listed at $399,999, and my independent estimate is about 9% below comparable homes, worth a close look.

In Waterfront Communities C1 lately, sellers get about 97% of asking; homes sell in ~37 days.

List price
$400KGreat deal$440KOverpriced

Total price vs nearby homes. Fair value about $438K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 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 $500K, a bit higher.

What the listing highlights1 point to weigh

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

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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. Bathurst Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$472kavg asking

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

2507-330 Richmond Street$399kPH08-352 Front Street$470k3215-115 Blue Jays Way$485k305-25 Lower Simcoe Street$515k312-350 Wellington Street$489k

The 5 closest of 8 active listings nearby.

See all comparable homes
400kThis home399k470k485k515k489kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $598K
$728this home / sqft
51active listings nearby
100sold nearby · 90 days
$580Kmedian sold price
97%of asking, on average

This home lists 22% below the area average of $929/sqft.

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

100/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Bathurst Street, about 28 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.

Church-Yonge Corridor
$540K
Moss Park
$439K
Mimico
$675K
York University Heights
$456K
Bayview Village
$459K

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
$1,823/mo
$95KIncome needed
4.2×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.

66%mortgage
Mortgage $1,823Property tax $287Condo fee $635Total carry $2,745

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,716per month

Mortgage amount $319,999 · 4.19% over 25 years

$80,000Down payment (20.0%)
$319,999Loan before insurance
$0CMHC premium
$2,638Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,716
Property tax
$287
Condo / maintenance fees
$635
Heating
$0
Estimated monthly cost
$2,638

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

6.19%Qualifying rate
$2,084/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

$194,915Total interest paid
$514,915Total of all payments
Principal $319,999 Interest $194,915
YearPrincipalInterestBalance
1$7,445$13,152$312,554
2$7,760$12,837$304,794
3$8,089$12,508$296,706
4$8,431$12,166$288,275
5$8,788$11,809$279,487
6$9,160$11,436$270,326
7$9,548$11,049$260,778
8$9,952$10,644$250,826
9$10,374$10,223$240,453
10$10,813$9,784$229,640
11$11,271$9,326$218,369
12$11,748$8,849$206,622
13$12,245$8,351$194,376
14$12,764$7,833$181,613
15$13,304$7,293$168,309
16$13,867$6,729$154,442
17$14,454$6,142$139,987
18$15,066$5,530$124,921
19$15,704$4,892$109,217
20$16,369$4,227$92,847
21$17,062$3,534$75,785
22$17,785$2,812$58,001
23$18,538$2,059$39,463
24$19,322$1,274$20,141
25$20,141$456$0

At the end of your 5-year term

Total paid over the term
$102,983
Principal paid down
$40,513
Interest paid
$62,470
Balance remaining
$279,487

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$1,700/mo
$20,400Gross annual rent
1.6%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.

5.1%
Gross yield
− Property tax $3,445− Condo fees $7,617− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,494

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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