627-801 King Street, Toronto, ON

Niagara, Toronto · MLS® C13771722

$514,000
For Sale
Listed 34 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to CitySphere - an exceptional opportunity to own a spacious 1-bedroom plus den suite in the heart of King West.
  • This well-maintained unit offers the same great layout and open-concept living space the building is known for, with the former solarium opened to the living area...
  • Indoor amenities include a fitness centre, dry sauna, steam room, and large party/meeting room, plus 24-hour concierge, visitor parking, and secure bicycle storage.
  • Located in the heart of King West, you're steps to streetcars and public transit, Stanley Park, Trinity Bellwoods Park, Stackt Market, the Entertainment District, and...

Welcome to CitySphere - an exceptional opportunity to own a spacious 1-bedroom plus den suite in the heart of King West! This well-maintained unit offers the same great layout and open-concept living space the building is known for, with the former solarium opened to the living area creating a bright, generous space framed by floor-to-ceiling windows. The functional kitchen offers solid prep space and flows seamlessly into the living and dining area, perfect for everyday living and entertaining. The bedroom features a large closet with extensive shelving - a feature rarely found in comparable suites - while the versatile den is ideal as a home office, guest space, or whatever best suits your lifestyle. Laminate flooring and window seating throughout add warmth and character. CitySphere stands out for its extensive recreation and outdoor amenities, including a rare private tennis court, Playground, and expansive rooftop garden and terrace with hot tub, running track, BBQs, multiple seating areas, and stunning skyline and lake views. Indoor amenities include a fitness centre, dry sauna, steam room, and large party/meeting room, plus 24-hour concierge, visitor parking, and secure bicycle storage. Maintenance fees include heat, hydro, A/C and water - only internet and cable extra!Located in the heart of King West, you're steps to streetcars and public transit, Stanley Park, Trinity Bellwoods Park, Stackt Market, the Entertainment District, and an outstanding selection of restaurants, cafes and nightlife. This is a fantastic opportunity to get into one of King West's most amenity-rich buildings. You won't be disappointed!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13771722
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
King & Niagara
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$805/mo
Exposure
South East
Property tax
$2,451 / 2025
Days on market
34
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenFlat3.23 × 2.85 m

ceramic floor · open concept · breakfast bar

BedroomFlat4.14 × 3.10 m

laminate · sliding doors

DenFlat2.21 × 2.39 m

Laminate

Living RoomFlat3.61 × 3.23 m

laminate · combined w/dining · w/o to sunroom

Dining RoomFlat2.44 × 2.44 m

laminate · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$500Klikely sale price

Listed at $514,000. Going by how homes in Niagara have actually closed against their asking prices (about 97%, 119 local closings in 90 days), the likely sale price is near $500K, if it sells. A realistic range is $471K to $541K.

Independent value check: $497K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $462K and $522K).

Why $497K. The typical condo sold in Niagara over the past year went for about $591K (500 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,451 a year; the typical home sold here pays about $2,900.
  • ▼ Lowers it slightlyIts maintenance fee is $805 a month; the typical unit sold here pays about $630.
List price
$471KBelow recent closings$541KAbove recent closings

Total price vs nearby homes. Likely closing about $500K, from 119 recent closings in this pocket.

The market behind the math:

119sold nearby · 90 days
$592Kmedian sold price
97%of asking, on average
~27 dayshomes like this take to sell
34days on market so far
$2,635/moest. rent · 22 leases
6.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 47 condo apartment homes for sale in the area against 119 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $791/sqft against an area asking average of $881/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 119 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $489K. Condition and finishes remain an in-person call.

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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 7 homes sold in this building over the past year, from 500 closings in Niagara.

What sellers nearby are askingCurrently listed nearby in Niagara · asking prices
$515kavg asking

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

Per square foot, these ask about $792/sqft; this home lists at $791/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
514kThis home499k480k479k556k559kThis home vs active comparables

Sold price trend

Median sold price for condos in Niagara: $609K in September 2026, down 6% from a year ago, on 497 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$620K55
November 2025$632K42
December 2025$610K32
January 2026$538K25
February 2026$655K38
March 2026$554K56
April 2026$580K41
May 2026$590K51
June 2026$622K48
July 2026$575K34
August 2026$523K29
September 2026$609K46

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
$563K
Bay Street Corridor
$725K
Church-Yonge Corridor
$586K
Waterfront Communities C8
$449K
Moss Park
$507K

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 · 0.2 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Charles G Fraser Junior Public School · Public elementary0.7 km · 74% at standard
ALPHA Alternative Junior School · Public elementary0.8 km
Oasis Alternative Secondary School · Public secondary0.8 km
Givins/Shaw Junior Public School · Public elementary0.9 km · 81% at standard
Bishop Macdonell Catholic School · Catholic elementary1.1 km · 82% at standard
Jean Lumb Public School · Public elementary1.1 km · 73% at standard
City School · Public secondary1.1 km · 58% at standard
The Waterfront School · Public elementary1.1 km · 74% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.2 km
Ogden Junior Public School · Public elementary1.2 km · 69% at standard
Pope Francis Catholic School · Catholic elementary1.5 km · 67% at standard
Kensington Community School School Junior · Public elementary1.5 km · 97% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,343/mo
$114KIncome needed
4.5×Price ÷ income
$541Weekly cost
$13,510Land transfer tax, one-time (Ontario + Toronto)
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.

70%mortgage
Mortgage $2,343Property tax $204Condo fee $805Total carry $3,352

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,274per month

Mortgage amount $411,200 · 4.49% over 25 years

$102,800Down payment (20.0%)
$411,200Loan before insurance
$0CMHC premium
$3,283Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,274
Property tax
$204
Condo / maintenance fees
$805
Heating
$0
Estimated monthly cost
$3,283

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

One-time closing costs

Ontario land transfer tax
$6,755
Toronto municipal land transfer tax
$6,755
Estimated closing costs
$13,510

Plus your down payment of $102,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,752/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

$270,879Total interest paid
$682,079Total of all payments
Principal $411,200 Interest $270,879
YearPrincipalInterestBalance
1$9,176$18,107$402,024
2$9,593$17,690$392,431
3$10,028$17,255$382,402
4$10,484$16,799$371,919
5$10,960$16,323$360,959
6$11,457$15,826$349,502
7$11,978$15,306$337,524
8$12,521$14,762$325,003
9$13,090$14,193$311,913
10$13,684$13,599$298,228
11$14,306$12,978$283,923
12$14,955$12,328$268,968
13$15,634$11,649$253,333
14$16,344$10,939$236,989
15$17,086$10,197$219,903
16$17,862$9,421$202,041
17$18,673$8,610$183,369
18$19,521$7,762$163,848
19$20,407$6,876$143,441
20$21,334$5,950$122,107
21$22,302$4,981$99,805
22$23,315$3,968$76,490
23$24,373$2,910$52,117
24$25,480$1,803$26,637
25$26,637$646$0

At the end of your 5-year term

Total paid over the term
$136,416
Principal paid down
$50,241
Interest paid
$86,175
Balance remaining
$360,959

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
From 22 whole-home leases in Niagara$2,635/mo
$31,620Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,504 to $2,767Typical rent range
~16 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 22 whole-home leases in Niagara signed at a median of $2,714 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,635. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.2%
Gross yield
− Property tax $2,451− Condo fees $9,666− Insurance $600− Vacancy & upkeep $3,478Net operating income $15,425

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

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