1603-705 King Street, Toronto, ON

Niagara, Toronto · MLS® C14026116

$537,000
For Sale
Listed 4 days agoNo offer date stated

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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • This beautifully updated one-bedroom suite offers a thoughtfully designed open-concept layout with custom built-ins, modern finishes, and plenty of storage throughout.
  • Residents can enjoy an impressive selection of building amenities, including indoor and outdoor swimming pools, a gym, squash courts, movie theatre, party room...
  • Everyday conveniences are right at your doorstep, including a 24-hour grocery store downstairs and TTC access directly outside the building.
  • With its thoughtful updates, functional layout, and unbeatable location, this move-in-ready suite offers the best of downtown Toronto living. The monthly maintenance...

This beautifully updated one-bedroom suite offers a thoughtfully designed open-concept layout with custom built-ins, modern finishes, and plenty of storage throughout. Floor-to-ceiling windows bring in an abundance of natural light and showcase east-facing city views, while a custom brick feature wall adds character to the living and dining area. The updated kitchen features stainless steel appliances, a stylish backsplash, and a breakfast bar that opens to the main living space, perfect for everyday living and entertaining. The generously sized bedroom offers plenty of room to unwind, and a convenient ensuite locker adds to the unit's functionality. Residents can enjoy an impressive selection of building amenities, including indoor and outdoor swimming pools, a gym, squash courts, movie theatre, party room, landscaped outdoor courtyard with BBQ areas, visitor parking, and 24-hour concierge and security. Located in the heart of King West, you're just steps from some of Toronto's best restaurants, cafés, boutiques, parks, and nightlife, with Queen West, Trinity Bellwoods, and the waterfront all nearby. Everyday conveniences are right at your doorstep, including a 24-hour grocery store downstairs and TTC access directly outside the building. With its thoughtful updates, functional layout, and unbeatable location, this move-in-ready suite offers the best of downtown Toronto living. *The monthly maintenance fee includes an exclusive-use parking space, with the option to exclude parking and reduce the monthly fee by approximately $80 per month.*

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C14026116
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
King Street W & Bathhurst Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Flat
Maintenance
$753/mo
Exposure
East
Property tax
$2,594 / 2026
Days on market
4
Listing brokerage
Royal LePage Real Estate Associates

Rooms

Living RoomFlat5.07 × 4.21 m

pot lights · window floor to ceiling · open concept

LockerFlat2.50 × 0.81 m
Dining RoomFlat5.07 × 4.21 m

pot lights · window floor to ceiling · combined w/living

KitchenFlat4.12 × 3.84 m

breakfast bar · stainless steel appl · backsplash

Primary BedroomFlat5.68 × 2.89 m

window floor to ceiling · b/i closet · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

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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

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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 · 0.3 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
ALPHA Alternative Junior School · Public elementary0.5 km
Oasis Alternative Secondary School · Public secondary0.5 km
Charles G Fraser Junior Public School · Public elementary0.7 km · 74% at standard
Bishop Macdonell Catholic School · Catholic elementary0.9 km · 82% at standard
Jean Lumb Public School · Public elementary0.9 km · 73% at standard
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
City School · Public secondary1.0 km · 58% at standard
The Waterfront School · Public elementary1.0 km · 74% at standard
Givins/Shaw Junior Public School · Public elementary1.1 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.4 km
Kensington Community School School Junior · Public elementary1.4 km · 97% at standard
Heydon Park Secondary School · Public secondary1.5 km · 8% at standard

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

Affordability & Mortgage

Affordability
$2,447/mo
$118KIncome needed
4.6×Price ÷ income
$565Weekly cost
$14,430Land 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.

72%mortgage
Mortgage $2,447Property tax $216Condo fee $753Total carry $3,416

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,375per month

Mortgage amount $429,600 · 4.49% over 25 years

$107,400Down payment (20.0%)
$429,600Loan before insurance
$0CMHC premium
$3,344Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,375
Property tax
$216
Condo / maintenance fees
$753
Heating
$0
Estimated monthly cost
$3,344

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

One-time closing costs

Ontario land transfer tax
$7,215
Toronto municipal land transfer tax
$7,215
Estimated closing costs
$14,430

Plus your down payment of $107,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,875/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

$283,000Total interest paid
$712,600Total of all payments
Principal $429,600 Interest $283,000
YearPrincipalInterestBalance
1$9,587$18,917$420,013
2$10,022$18,482$409,991
3$10,477$18,027$399,514
4$10,953$17,551$388,561
5$11,450$17,054$377,111
6$11,970$16,534$365,141
7$12,514$15,990$352,627
8$13,082$15,422$339,545
9$13,676$14,828$325,870
10$14,297$14,207$311,573
11$14,946$13,558$296,627
12$15,624$12,880$281,003
13$16,334$12,170$264,669
14$17,075$11,429$247,594
15$17,851$10,653$229,743
16$18,661$9,843$211,082
17$19,508$8,996$191,574
18$20,394$8,110$171,180
19$21,320$7,184$149,859
20$22,288$6,216$127,571
21$23,300$5,204$104,271
22$24,358$4,146$79,913
23$25,464$3,040$54,449
24$26,620$1,884$27,829
25$27,829$675$0

At the end of your 5-year term

Total paid over the term
$142,520
Principal paid down
$52,489
Interest paid
$90,031
Balance remaining
$377,111

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
2.5%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.

5.4%
Gross yield
− Property tax $2,594− Condo fees $9,034− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,404

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

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