$318,000
705 King Street W 409, Toronto, ON M5V 2W8
Niagara · Toronto · M5V 2W8
Listing brokerage: CENTURY 21 KING`S QUAY REAL ESTATE INC.
- Beds
- Studio
- Baths
- 1
- Sq ft
- 0–499
- Parking
- 0
Monthly costs
Maintenance
$312/mo
Property taxes
$152/mo
$1,826 a year (2026)
About $465 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Water
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Heat
- Not covered: Hydro
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South
- Parking
- None
- Locker
- None
- Balcony
- None
- Possession
- Immed/TBA
The building
The Summit Ⅱ
705 King St W · King West
- 1 for sale
- 1 for rent
- 20 floors
About this home
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!
All details23 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- Studio
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Size
- 0-499 sq ft
Building & Amenities
- Floor
- 4
- Property management
- Shelter Canadian Properties Limited - 416-703-5592
Amenities
- Concierge
- Exercise Room
- Indoor Pool
- Outdoor Pool
- Squash/Racquet Court
- Visitor Parking
Heating & Cooling
- Heating
- Heat Pump
- Heat source
- Other
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C14033180
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Niagara
- Cross streets
- King St and Bathurst St
Rooms · 6Living Room, Dining Room, Kitchen, Bedroom, Solarium, Washroom
Living Room
Flat
5.53 × 3.36 m · 18′2″ × 11′0″
Open Concept, Combined w/Dining, Large Closet
Dining Room
Flat
5.53 × 3.36 m · 18′2″ × 11′0″
Open Concept, Combined w/Living
Kitchen
Flat
3.09 × 1.64 m · 10′2″ × 5′5″
Open Concept
Bedroom
Flat
5.53 × 3.36 m · 18′2″ × 11′0″
Open Concept, Combined w/Living, Combined w/Dining
Solarium
Flat
3.03 × 1.09 m · 9′11″ × 3′7″
South View
4-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
705 King Street W 409, Toronto, ON M5V 2W8 · Near King St and Bathurst St
Monthly cost
Estimated monthly cost
$1,873/mo
- Mortgage
- $1,408
- Property tax
- $152
- Maintenance
- $312
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$72,211
$63,600 down + $8,611 to $9,861 in closing costs
- Ontario land transfer tax
- $3,245
- Toronto land transfer tax
- $3,245
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $90
- Condo fee adjustment
- $181
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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2
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$318,000
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