409-705 King Street, Toronto, ON

Niagara, Toronto · MLS® C14033180

$318,000
For Sale
Listed 5 days agoNo offer date stated
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1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Location, Location, Location.
  • There's the amenities; indoor and outdoor pools, gym, squash courts, sauna, party room, visitor parking, 24-hour concierge the list goes on.

Location, Location, Location! Lower purchasing price, save money to renovate your own condo. There's the amenities; indoor and outdoor pools, gym, squash courts, sauna, party room, visitor parking, 24-hour concierge the list goes on. Its less condo, more urban resort. You're in the heart of King West with the streetcar at your door and everything from groceries to green juice to your go-to espresso within walking distance. All convenient location with all the amenities You Need Nearby!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14033180
Bathrooms
1
Size
0-499 sq ft
Cross streets
King St and Bathurst St
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$312/mo
Exposure
South
Property tax
$1,826 / 2026
Days on market
5
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

Living RoomFlat5.53 × 3.36 m

open concept · combined w/dining · large closet

KitchenFlat3.09 × 1.64 m

Open Concept

SolariumFlat3.03 × 1.09 m

South View

Dining RoomFlat5.53 × 3.36 m

open concept · combined w/living

BedroomFlat5.53 × 3.36 m

open concept · combined w/living · combined w/dining

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
$713K
Kensington-Chinatown
$600K
Little Portugal
$549K
Church-Yonge Corridor
$580K
Waterfront Communities C8
$525K

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 · 0.3 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
$1,449/mo
$70KIncome needed
4.6×Price ÷ income
$334Weekly cost
$6,490Land 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 $1,449Property tax $152Condo fee $312Total carry $1,914

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)
$1,407per month

Mortgage amount $254,400 · 4.49% over 25 years

$63,600Down payment (20.0%)
$254,400Loan before insurance
$0CMHC premium
$1,871Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,407
Property tax
$152
Condo / maintenance fees
$312
Heating
$0
Estimated monthly cost
$1,871

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

One-time closing costs

Ontario land transfer tax
$3,245
Toronto municipal land transfer tax
$3,245
Estimated closing costs
$6,490

Plus your down payment of $63,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,702/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

$167,586Total interest paid
$421,986Total of all payments
Principal $254,400 Interest $167,586
YearPrincipalInterestBalance
1$5,677$11,202$248,723
2$5,935$10,945$242,788
3$6,204$10,675$236,584
4$6,486$10,393$230,098
5$6,781$10,099$223,317
6$7,088$9,791$216,229
7$7,410$9,469$208,818
8$7,747$9,133$201,072
9$8,098$8,781$192,973
10$8,466$8,413$184,507
11$8,851$8,029$175,656
12$9,252$7,627$166,404
13$9,672$7,207$156,732
14$10,112$6,768$146,620
15$10,571$6,309$136,049
16$11,051$5,829$124,998
17$11,552$5,327$113,446
18$12,077$4,802$101,369
19$12,625$4,254$88,744
20$13,199$3,681$75,545
21$13,798$3,082$61,747
22$14,424$2,455$47,323
23$15,079$1,800$32,244
24$15,764$1,116$16,480
25$16,480$400$0

At the end of your 5-year term

Total paid over the term
$84,397
Principal paid down
$31,083
Interest paid
$53,314
Balance remaining
$223,317

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$2,300/mo
$27,600Gross annual rent
5.8%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.

8.7%
Gross yield
− Property tax $1,826− Condo fees $3,750− Insurance $600− Vacancy & upkeep $3,036Net operating income $18,388

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

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