$559,000 - 1005 King Street Unit 209, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13412758
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Stylish 1 bedroom + den corner suite in the heart of King West/Niagara with owned parking and locker. This functional layout offers a proper entry area, open-concept living space, exposed concrete ceiling, private balcony, and large bedroom with semi-ensuite bath. Thoughtfully updated with a $10K kitchen upgrade, under-cabinet lighting, automatic roller shades with privacy blinds in the living area, blackout shade in the bedroom, custom closet, smart ceiling lights, Nest thermostat, and fresh paint on closing. Easy 2nd-floor access, well-managed building, and an incredible downtown-west location steps to Liberty Village, Queen West, Trinity Bellwoods, TTC, parks, cafés, restaurants, and everyday conveniences.Updated 1 bedroom + den corner suite in the desirable King West/Niagara community. Featuring a functional open-concept layout with a defined entry area, exposed concrete ceiling, private balcony, ensuite laundry, owned underground parking, and owned locker. The suite includes a $10K kitchen upgrade with under-cabinet lighting, automatic roller shades, blackout bedroom shade, custom closet, smart lighting, Nest thermostat, and fresh paint on closing. Spacious bedroom with semi-ensuite bath and flexible den ideal for a home office or added living space. Steps to TTC, Liberty Village, Queen West, Trinity Bellwoods, parks, restaurants, cafés, and shopping.
Estimate your monthly payments for this property
Estimated Payment
$2,867.96/mo
Includes CMHC insurance ($15,596)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1005 King Street Unit 209, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $932/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.