507-954 King Street, Toronto, ON

Niagara, Toronto · MLS® C13784034

$920,000
For Sale
Listed 35 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Experience authentic loft style living at King West Village Lofts in the heart of King West.
  • This spacious two storey, 2 bedroom, 2 bathroom suite offers approximately 930 sq. ft. of well designed living space with a bright south facing exposure and private...
  • Ideally located at 954 King Street West, surrounded by some of Toronto's best restaurants, cafés, shops and neighbourhood amenities, with convenient access to transit...

Experience authentic loft style living at King West Village Lofts in the heart of King West. This spacious two storey, 2 bedroom, 2 bathroom suite offers approximately 930 sq. ft. of well designed living space with a bright south facing exposure and private balcony. The unique two level layout creates a true loft inspired feel, with generous principal rooms and excellent separation between living and sleeping areas. Enjoy abundant natural light throughout, along with the convenience of one underground parking space and the added value of all utilities included. This pet friendly building offers excellent amenities including an exercise room, meeting room and party room. Ideally located at 954 King Street West, surrounded by some of Toronto's best restaurants, cafés, shops and neighbourhood amenities, with convenient access to transit and everything King West has to offer. A distinctive urban home offering space, character and an exceptional downtown lifestyle.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13784034
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
King Street West & Strachan
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,208/mo
Exposure
South
Property tax
$3,729 / 2026
Days on market
35
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
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
$615K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Dovercourt-Wallace Emerson-Junction
$640K
Waterfront Communities C8
$554K

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
Givins/Shaw Junior Public School · Public elementary0.6 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.8 km
Charles G Fraser Junior Public School · Public elementary0.8 km · 74% at standard
St Mary Catholic School · Catholic elementary0.8 km · 64% at standard
The Grove Community School · Public elementary1.3 km
ALPHA Alternative Junior School · Public elementary1.3 km
Oasis Alternative Secondary School · Public secondary1.3 km
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.3 km · 73% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.4 km · 88% at standard
City School · Public secondary1.5 km · 58% at standard
The Waterfront School · Public elementary1.5 km · 74% at standard
Bishop Macdonell Catholic School · Catholic elementary1.5 km · 82% at standard

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

Affordability & Mortgage

Affordability
$4,193/mo
$195KIncome needed
4.7×Price ÷ income
$968Weekly cost
$29,750Land 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.

73%mortgage
Mortgage $4,193Property tax $311Condo fee $1,208Total carry $5,712

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)
$4,069per month

Mortgage amount $736,000 · 4.49% over 25 years

$184,000Down payment (20.0%)
$736,000Loan before insurance
$0CMHC premium
$5,588Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,069
Property tax
$311
Condo / maintenance fees
$1,208
Heating
$0
Estimated monthly cost
$5,588

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

One-time closing costs

Ontario land transfer tax
$14,875
Toronto municipal land transfer tax
$14,875
Estimated closing costs
$29,750

Plus your down payment of $184,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,925/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

$484,841Total interest paid
$1,220,841Total of all payments
Principal $736,000 Interest $484,841
YearPrincipalInterestBalance
1$16,424$32,409$719,576
2$17,170$31,664$702,405
3$17,950$30,884$684,456
4$18,765$30,069$665,691
5$19,617$29,217$646,074
6$20,507$28,326$625,567
7$21,438$27,395$604,129
8$22,412$26,422$581,717
9$23,429$25,404$558,287
10$24,493$24,340$533,794
11$25,605$23,228$508,189
12$26,768$22,066$481,421
13$27,983$20,850$453,437
14$29,254$19,580$424,183
15$30,582$18,252$393,601
16$31,971$16,863$361,631
17$33,422$15,411$328,208
18$34,940$13,894$293,269
19$36,526$12,307$256,743
20$38,185$10,649$218,558
21$39,918$8,915$178,640
22$41,731$7,103$136,909
23$43,626$5,208$93,283
24$45,606$3,227$47,677
25$47,677$1,157$0

At the end of your 5-year term

Total paid over the term
$244,168
Principal paid down
$89,926
Interest paid
$154,243
Balance remaining
$646,074

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$3,050/mo
$36,600Gross annual rent
1.5%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 $3,729− Condo fees $14,502− Insurance $600− Vacancy & upkeep $4,026Net operating income $13,743

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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