706-30 Ordnance Street, Toronto, ON

Niagara, Toronto · MLS® C13780144

$507,000
For Sale
Listed 35 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Bright and stylish 1-bedroom suite in Toronto's vibrant King West neighbourhood, offering approximately 565 sq. ft. of thoughtfully designed, carpet-free living space.
  • The functional open-concept layout features laminate flooring throughout and an abundance of natural light.
  • A rare feature for a 1-bedroom condo, this suite offers two separate private balconies: one accessible from the living room and another exclusively from the primary...

Bright and stylish 1-bedroom suite in Toronto's vibrant King West neighbourhood, offering approximately 565 sq. ft. of thoughtfully designed, carpet-free living space. The functional open-concept layout features laminate flooring throughout and an abundance of natural light. The modern kitchen is equipped with stainless steel appliances and flows seamlessly into the living area. A rare feature for a 1-bedroom condo, this suite offers two separate private balconies: one accessible from the living room and another exclusively from the primary bedroom, both offering southwest views. Additional highlights include ensuite laundry and an owned storage locker. Residents enjoy exceptional amenities, including concierge service, a fitness centre, party and meeting rooms, recreation space, and a rooftop terrace and garden. Ideally located near King Street West, Liberty Village, The Bentway, parks, shops, restaurants and public transit, with convenient access to the downtown core. An excellent opportunity for first-time buyers, professionals or investors seeking style, functionality and an outstanding Toronto location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13780144
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
King / Strachan
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$504/mo
Exposure
South West
Property tax
$2,616 / 2026
Days on market
35
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Primary BedroomMain1.00 × 1.00 m

laminate · w/o to balcony · ne view

Living RoomMain1.00 × 1.00 m

laminate · w/o to balcony · sw view

Dining RoomMain1.00 × 1.00 m

laminate · combined w/living

KitchenMain1.00 × 1.00 m

laminate · stainless steel appl

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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
$695K
Church-Yonge Corridor
$541K
Waterfront Communities C8
$577K
Annex
$1.09M
Mimico
$549K

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
Also nearby: 12 more schools within 2.5 km
St Mary Catholic School · Catholic elementary0.8 km · 64% at standard
Charles G Fraser Junior Public School · Public elementary1.0 km · 74% at standard
Givins/Shaw Junior Public School · Public elementary1.0 km · 81% at standard
City School · Public secondary1.0 km · 58% at standard
The Waterfront School · Public elementary1.0 km · 74% at standard
ALPHA Alternative Junior School · Public elementary1.1 km
Oasis Alternative Secondary School · Public secondary1.1 km
Jean Lumb Public School · Public elementary1.2 km · 73% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.2 km
Ogden Junior Public School · Public elementary1.6 km · 69% at standard
Pope Francis Catholic School · Catholic elementary1.7 km · 67% at standard
The Grove Community School · Public elementary1.7 km

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

Affordability & Mortgage

Affordability
$2,311/mo
$108KIncome needed
4.7×Price ÷ income
$533Weekly cost
$13,230Land 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.

76%mortgage
Mortgage $2,311Property tax $218Condo fee $504Total carry $3,032

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,243per month

Mortgage amount $405,600 · 4.49% over 25 years

$101,400Down payment (20.0%)
$405,600Loan before insurance
$0CMHC premium
$2,965Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,243
Property tax
$218
Condo / maintenance fees
$504
Heating
$0
Estimated monthly cost
$2,965

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

One-time closing costs

Ontario land transfer tax
$6,615
Toronto municipal land transfer tax
$6,615
Estimated closing costs
$13,230

Plus your down payment of $101,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,714/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

$267,190Total interest paid
$672,790Total of all payments
Principal $405,600 Interest $267,190
YearPrincipalInterestBalance
1$9,051$17,860$396,549
2$9,462$17,449$387,087
3$9,892$17,020$377,195
4$10,341$16,571$366,854
5$10,811$16,101$356,043
6$11,301$15,610$344,742
7$11,814$15,097$332,927
8$12,351$14,561$320,576
9$12,912$14,000$307,665
10$13,498$13,414$294,167
11$14,111$12,801$280,056
12$14,751$12,160$265,305
13$15,421$11,490$249,883
14$16,121$10,790$233,762
15$16,853$10,058$216,909
16$17,619$9,293$199,290
17$18,419$8,493$180,871
18$19,255$7,657$161,617
19$20,129$6,782$141,487
20$21,043$5,869$120,444
21$21,998$4,913$98,446
22$22,997$3,914$75,449
23$24,041$2,870$51,407
24$25,133$1,779$26,274
25$26,274$637$0

At the end of your 5-year term

Total paid over the term
$134,558
Principal paid down
$49,557
Interest paid
$85,001
Balance remaining
$356,043

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
1.8%Cap rate after taxes and upkeep

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.

4.0%
Gross yield
− Property tax $2,616− Condo fees $6,044− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,896

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

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