1022-629 King Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C14029592
About this home
In short
- Welcome to The Thompson Residences, developed by the award-winning Freed Developments.
- This spacious north-facing 1-bedroom plus large den suite offers two bathrooms and an impressive 837 sq. ft. of interior living space.
- The spacious primary bedroom features a walk-in closet with custom California Closets built-ins.
- A renovated second bathroom provides added comfort and convenience for guests.
- Additional upgrades include Engineered Hardwood Throughout (2025), Renovated 2nd Bathroom, Custom-built Breakfast Bar, Custom Built California Closets in Walk-In...
Welcome to The Thompson Residences, developed by the award-winning Freed Developments. Directly across the street from the future Ontario Line station at King St. W. & Bathurst St., offering exceptional future transit convenience. This spacious north-facing 1-bedroom plus large den suite offers two bathrooms and an impressive 837 sq. ft. of interior living space. As you step into the home the stunning kitchen features a custom built breakfast bar island, double thick countertop, and built-in appliances. The space flows seamlessly into the wide, sun-drenched living area, where floor-to-ceiling windows fill the room with natural light. The perfect layout for everyday living and entertaining. The spacious primary bedroom features a walk-in closet with custom California Closets built-ins. The ensuite bathroom features an illuminated vanity mirror and a small laundry room with additional built-in shelving for added storage. The spacious den is ideal for a home office or a comfortable daybed retreat. A renovated second bathroom provides added comfort and convenience for guests. The balcony, with privacy side panels, provides the perfect spot to enjoy your morning coffee or unwind. This soft loft features exposed concrete ceilings in the main living area and bedroom. Additional upgrades include Engineered Hardwood Throughout (2025), Renovated 2nd Bathroom, Custom-built Breakfast Bar, Custom Built California Closets in Walk-In Closet and Laundry Room, Upgraded Light Fixtures Throughout, Hunter Douglas Automatic Blinds, Reverse Osmosis Filtered Water System (Owned, 2024), Painted Throughout (2026) & Outdoor Balcony Tiles. Building amenities include gym, 24-hour concierge service, and convenient visitor parking available within the building. Located in the heart of the vibrant King West, steps from renowned restaurants, cafes, nightlife, transit, and truly the best of downtown living. 1 Parking and 1 Locker included.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C14029592
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 800-899 sq ft
- Cross streets
- King St. W. & Bathurst St.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Maintenance
- $901/mo
- Exposure
- North
- Property tax
- $4,690 / 2025
- Days on market
- 5
- Listing brokerage
- VALERY REAL ESTATE INC.
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $876/sqft; this home lists at $882/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Waterfront Communities C1, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $599,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,313
- Property tax
- $391
- Condo / maintenance fees
- $901
- Heating
- $0
- Estimated monthly cost
- $4,605
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,455
- Toronto municipal land transfer tax
- $11,455
- Estimated closing costs
- $22,910
Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $198,785
- Principal paid down
- $73,211
- Interest paid
- $125,574
- Balance remaining
- $525,989
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of VALERY REAL ESTATE INC.. MLS®/PropTx.